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Managerial Dynamic Capabilities of Micro and Small Family Firm Managers in the Retail Industry: Strategic Actions to Manage Economic Downturn
University of Skövde, School of Business. University of Skövde, Organising for Sustainable Development Research Environment. (Strategic Entrepreneurship (StrEnt))ORCID iD: 0000-0002-8337-3472
University of Skövde, School of Business. University of Skövde, Organising for Sustainable Development Research Environment. (Strategic Entrepreneurship (StrEnt))ORCID iD: 0000-0003-4776-0085
University of Skövde, School of Business. University of Skövde, Organising for Sustainable Development Research Environment. (Strategic Entrepreneurship (StrEnt))
2023 (English)Conference paper (Refereed)
Abstract

Purpose – this study explores how retail family firm managers’ cognitive capabilities are used to enabling firm strategy to encounter economic decline. 

Design/methodology/approach – the paper is based on an inductive case study and consists of 30 interviews with retail family firm managers. 

Findings – the results suggest how managerial cognitive enabling mechanisms shape the manifestation of retail family firm dynamic capabilities (DC) configurations. 

Originality – three retail managerial cognitive strategic enabling mechanisms and microfoundations are identified, which in turn explain how the following 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 illuminate how retail family firm manager enabling firm strategy to encounter economic decline.

Place, publisher, year, edition, pages
2023.
Keywords [en]
Dynamic capabilities, managerial cognitive capabilities, micro and small family firm strategy, retail industry
National Category
Social Sciences Economics and Business Business Administration
Research subject
Strategic Entrepreneurship
Identifiers
URN: urn:nbn:se:his:diva-23717OAI: oai:DiVA.org:his-23717DiVA, id: diva2:1851341
Conference
18th EIASM Workshop on Family Firm Management Research Balancing Financial and Non-Financial Wealth, Naples, Italy, October 2-3, 2023
Available from: 2024-04-13 Created: 2024-04-13 Last updated: 2024-04-15

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https://www.eiasm.org/frontoffice/event_announcement.asp?event_id=1660

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Ljungkvist, TorbjörnBoers, BörjeAxell, Christoffer

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CiteExportLink to record
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Citation style
  • apa
  • apa-cv
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
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  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
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  • asciidoc
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