An Organization's Strategy that is Backed by the Values and Visions of its Employees' Families
Keywords:
Employees' Families, Family Business, future of Global, Values, Vision, Strategies, Parallel Process Planning
Abstract
In contrast to the monetary and commercial considerations of a corporation, the emotional issues of a family are often front and centre during the planning process. A successful business cannot be established with this method. Both the family and the business have a right to hope for a bright future, but they will have to work toward their goals in different ways because of the inherent tensions between the two systems. It takes a lot of work to build trust between the company's leadership and the families who run it, and to ensure that the family members' vision, goals, and principles are aligned with and support the business's overall plan. Moreover, the history of wars and political incidents that they had to endure limited their worries about the future of Global. They believe that the potential advantages of their brother will last as long as there is money accumulating, rather than because the firm will continue to operate. Our paper examines industry trends going back 30–40 years, so it won't be relevant to the current generation.
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Published
2022-09-29
How to Cite
Regin, R., Rajest , S. S., T , S., G, J. A. C., & R , S. (2022). An Organization’s Strategy that is Backed by the Values and Visions of its Employees’ Families. Central Asian Journal of Innovations on Tourism Management and Finance, 3(9), 81-96. Retrieved from https://cajitmf.centralasianstudies.org/index.php/CAJITMF/article/view/309
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