Managerial dynamic capabilities of family firm retail managers: strategic enabling in a context of economic uncertainty
Purpose This study explores how retail family firm managers’ cognitive capabilities are used to enable firm strategy in a context of economic uncertainty. Design/methodology/approach This paper is based on a case study using 31 interviews with family firm managers and archival data from retail micro, small and medium-sized enterprises (MSMEs). Findings The results indicate how managerial cognitive enabling mechanisms shape the manifestation of retail family firm dynamic capabilities (DCs) configurations. Originality/value Three retail managerial cognitive strategic enabling mechanisms and their microfoundations are identified, explaining how three retail family firm DC configurations are shaped: (1) retail family firm customization-based sensing, (2) retail family firm lateral seizing and (3) retail family firm trust-based reconfiguring. The manifestation of these DC configurations illuminates how retail family firm managers can enable firm strategy in a context of economic uncertainty.
Authors
- Börje Boers (ORCID: https://orcid.org/0000-0003-4776-0085)
- Torbjörn Ljungkvist (ORCID: https://orcid.org/0000-0002-8337-3472)
- Christoffer Axell
Institutions
- University of Skövde (SE)
Publication Details
- Journal
- International Journal of Entrepreneurial Behaviour & Research
- Published
- 2024-10-28
- DOI
- https://doi.org/10.1108/ijebr-11-2023-1175
- Citations
- 3
- Primary Topic
- Family Business Performance and Succession
- Type
- article
- Field-Weighted Citation Impact
- 2.02