An integrated systems framework for analyzing family business planning

The purpose of this research study was to create an integrated systems framework to analyze the planning process in family businesses. The model was developed from a literature review of family study, organizational development, and family business research. Major components of the family business planning process were identified. A systems framework for examining family business planning was proposed. A fieldwork research plan was designed using a case study of a family business. The data collected in the case study analysis were used to explain the functioning of the model.; The research data were organized within a proposed seven-stage model consisting of Facilitating Conditions, Assessment, Issue Identification, Reconciliation, Congruence, Specific Plan Development, and Plan Output. Individual congruence profiles were developed in relation to family member goal attainment and family business goal attainment. A summary congruence model was presented describing a composite congruence of all family members within the family business.; The proposed planning structure provided an effective means of assessing a family business. The congruency structure was instrumental in determining whether the goals of the business and the individual family members were congruent. The model was refined through the use of the case study.