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Built To Last: Exploring Family Strategy In Dynastic Business Families, Mark William Auger

Doctor of Business Administration Dissertations

Dynasties entwine family and fortune. They are organizational longevity outliers. Society offers a conflicting view of dynasties. On one hand, dynasties are associated with conflict, divisiveness, conspicuous consumption, and entitlement. On the other hand, dynastic business families employ people, produce and innovate products and processes, and give to community. Linked to values and enacted by strategic leaders, strategy organizes and mobilizes capital toward goals attainment. The firm-centric perspectives of the strategic management and family business strategy literatures overlook the systematic investigation of family strategy as a means of perpetuation. This grounded theory influenced study explores the components of a family …