Henokian alter-management

La gestión alternativa de los Henokiens. Una perspectiva secular de las empresas familiares

Katia Richomme-Huet () and Aude d'Andria ()
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Katia Richomme-Huet: KEDGE Business School [Marseille]
Aude d'Andria: UEVE - Université d'Évry-Val-d'Essonne

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Abstract: In these times of global crisis, family run businesses may offer an economic alternative to soulless multinational companies. Family businesses offer financial return and opportunities if they are considered from the perspectives of time, space and people. Using an exploratory study of the Henokiens' Association companies, we conducted our research to better understand the relevant management criteria used to maintain this balance between time, space and people. The results show that these companies apply differentiated management according to three distinctive criteria. Firstly, in respect to time, there is a focus on the succession of ownership and management to over seven generations of families in the companies. They each systematically promote the general interest of the firm and of the family before that of the manager. Secondly, concerning space, we see a desire to maintain proximity, locality and a sustainable development strategy, each of which are related to their geographic location. Thirdly, regarding people, although impregnated with paternalism, these companies value respect, development and expertise. They offer us a different vision of succession capitalism, one with stronger links to social responsibility practices. The companies studied strive to combine an alternative vision of corporate governance with management mechanisms and a need to respect the individual.

Date: 2012-01
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Published in La Revue des Sciences de Gestion, 2012, 253, pp.27-36. ⟨10.3917/rsg.253.0027⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03628428

DOI: 10.3917/rsg.253.0027

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