Mengintegrasikan pengurusan profesional ke dalam perniagaan keluarga dalam konteks firma-firma kontraktor tempatan
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Date
2001-03
Authors
Foong, Kok Leong
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Abstract
The construction industry has been a traditional stronghold of small business particularly
family type contracting firms. Numerous disadvantages are associated with family type
contracting firms, including informal organization, nepotism, family disputes,
paternalistic and autocratic management style, financial problems and succession
challenges. These problems and how they are handled often spell the difference between
success and failure. In order to maintain the competitive edge and survive in the industry,
attempt to professionalise family type contracting firm's current management team is
inevitable. A research based on questionnaire and case study has been conducted with the
aim to explore under which conditions can professional knowledge and values be
integrated successfully into the organization and management of a family type
contracting firm. Analysis has revealed that the most effective approach to
professionalise the family owned contracting firm is through professionalise the members
of the owning family and bring in outside professional management talent into the current
management team. On the other hand, major resisting factors to the integration of
professional management of a family type contracting firm are paternalistic and
autocratic management style in family firm prevent introduction of new values and
concepts and misconception of family type contracting firm as nepotism and slow growth
fear away professional managers.
Description
Keywords
Construction industry , Management