Narratives of and for survival in family firms: family influence on narrative processing

Purpose Resilience of long-lived family businesses has been widely acknowledged but the mechanisms enabling longevity need to be further investigated. This can be done by examining how narratives about crisis situations are processed in family firms. Design/methodology/approach Based on narrative interviews, this qualitative study examines how crisis situations have been dealt with and narrated by long-lived German family firms. Findings Narratives of survival can have a strengthening effect so they become also narratives for survival. The analysis reveals how the constructive management of crises contributes to emotional attachment, identification and commitment and also strengthens resilience and longevity. Originality/value The study contributes to narrative identity theory by answering calls for narrative analysis and capturing the influence of narratives on family firms and business families. The discussion of the findings leads to the narrative processing model showing how past crises are processes to gain identity and resilience in the future and how the business family can influence this process.

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Publication Details

Journal
Journal of Family Business Management
Published
2024-08-05
DOI
https://doi.org/10.1108/jfbm-06-2024-0114
Citations
4
Primary Topic
Family Business Performance and Succession
Type
article
Field-Weighted Citation Impact
2.70
Controls
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article

Narratives of and for survival in family firms: family influence on narrative processing

Britta Boyd, Heiko Kleve, Tom Arne Ruesen, Tobias Koellner
4 citations
Journal of Family Business Management
Family Business Performance and Succession
2.70
article

Narratives of and for survival in family firms: family influence on narrative processing

Britta Boyd, Heiko Kleve, Tom Arne Ruesen, Tobias Koellner
article en
4 citations

Abstract

Purpose Resilience of long-lived family businesses has been widely acknowledged but the mechanisms enabling longevity need to be further investigated. This can be done by examining how narratives about crisis situations are processed in family firms. Design/methodology/approach Based on narrative interviews, this qualitative study examines how crisis situations have been dealt with and narrated by long-lived German family firms. Findings Narratives of survival can have a strengthening effect so they become also narratives for survival. The analysis reveals how the constructive management of crises contributes to emotional attachment, identification and commitment and also strengthens resilience and longevity. Originality/value The study contributes to narrative identity theory by answering calls for narrative analysis and capturing the influence of narratives on family firms and business families. The discussion of the findings leads to the narrative processing model showing how past crises are processes to gain identity and resilience in the future and how the business family can influence this process.

Journal of Family Business ManagementVol. 15(3)
Witten/Herdecke University (DE), Wittenberg University (US), Marien Hospital Witten (DE)
Openalex Percentile: Top 9%
Family Business Performance and Succession
2.70
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