Harmonizing the Family Business: Deconstructing the DNA of the Family Business

Stuart Graham and Claire Seaman

Chapter 7 in The Modern Family Business, 2012, pp 210-226 from Palgrave Macmillan

Abstract: Abstract The Modern Family Business has hoped to offer insight into the complex variety of relationships which make up the family business. The purpose of this final chapter is twofold: to bring together those relationships and to consider the complexity of the overview they offer. Further, this chapter seeks to provide an overview and conceptualization of family business relationships which draws on the metaphor of DNA. The conceptual representation of such businesses by means of a metaphoric analogy, the ‘DNA’ of the family business, allows both the complexity of family business relationships to be considered and also their capacity for change: The capacity of DNA to ‘blunder’ or mutate allows evolution to develop and stands here as a parallel to the process of ongoing change within family business. This process of change, development and variety is evidenced in many of the chapters within this book.

Keywords: Family Firm; Family Business; Paired Duality; Transitional Dynamic; Duality Continuum (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-00133-7_7

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DOI: 10.1057/9781137001337_7

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