Professionalization In Family Firms And Firms' Achievements

Family business as a global wide range of corporate organization,in the economic arena has been contributing to their own strength.And China's family business also play a key role in economic construction,reform and opening up to the present,the Chinese family business in the course of more than 30 years of development,has contributed to the contribution of the developed countries family business for decades or even hundreds of years to achieve Results,a few or even developed into a listed company and large enterprises.These family enterprises not only played an important force in increasing social wealth,expanding employment,stimulating economic growth,promoting urbanization and industrialization,but also had a great impact on promoting the deepening of China's reform and opening up and the gradual improvement of the socialist market economic system.China has been in the family business "but three generations" argument,since 1978,reform and opening up to 1988,some family enterprises in China's rapid rise.These enterprises after 10 years of development period,to the 90's are basically gone;in 1990 to 2000 to grow up most of the family business,it is also about 10 years time sunset Xishan.These phenomena show that although the rapid development of several decades shows the advantages of family management,but also exposed the family business management weaknesses.And with China's economic system transition,the social environment has undergone profound changes,many family businesses are facing transformation,that is,"to the family",to the family problems encountered and the risks faced by the family business can not avoid the problem,how To overcome the obstacles,making the smooth transition of our family business,theorists and the government worthy of attention to the study of the hot spots.Based on the theory of agency theory,property right theory and family business life cycle theory,this paper analyzes the family business and family performance of domestic and foreign scholars,and analyzes the family business and family performance by case study The relationship between the United States through the group to the family of the case analysis,summed up its successful experience for the development of other family enterprises to provide reference.In the first part of this paper,through the elaboration of the research background and the significance of the topic and the summary of the relevant literature,it shows that the topic of "family enterprise de-familyization" has theoretical and practical significance,and the literature focuses on family and company performance This paper focuses on the relationship between family business and family performance through the case analysis.The second part mainly elaborates the theory of modern family business,and thinks that the deification of the United States has certain theoretical significance.The third part: The development of the Group of the United States and a brief review of the development of the "de-family" program;the fourth part is the analysis of the causes and performance of the "de-familyization" of the beauty group.The results show that in the enterprise " The fourth part is based on the results of the analysis of the performance of the United States to the family,summed up the beauty of the "de-family" model of the advantages of the family business "to the family" in the process should pay attention to Of the problem,put forward some reasonable suggestions that the family business in the process of family planning need to plan the employment of professional managers.Midea Group took 15 years,"four steps" to the family strategy,that is,the introduction of professional managers,property rights system reform,the establishment of decentralization authorization system and restraint mechanisms,innovation incentives and performance appraisal system,making the United States in the group Successful listing in 2013,the family after the beauty of the group in the performance also has a larger upgrade,the United States to the success of the family to the family experience,to other family business to provide a reference to the family,and the United States in the process of group met Of the problems and risks facing other family businesses to bring warning.