Table 3.
Themes and sub-themes developed from literature review for coding analysis.
| Theme | Sub-theme | Sample keywords/observations for coding |
|---|---|---|
| Organizational innovation | Resource management | Deep knowledge of their own business. Understanding of their own human, financial, technological resources, and willingness to implement. |
| Innovation management | Ability to identify problems, bottlenecks, and areas to be improved. Knowing their own capacity. Allocation of resources. Implementing new ideas. Introduction of new processes. | |
| Motivation | Employees’ attitude towards new product launch. Employees’ attitude towards new process implementation. Staff involvement. Meeting styles. Rewards. Encouragement. Praises. Attitude to work beyond the scope. | |
| Social capital | Internal network | Relationships between the incumbents and successors. Relationships between the management and the non-family employees. Collaboration within the business. |
| External network | Relationships between the business, both management and non-family employees, and customers, suppliers, other external organizations such as educational institution, research institution, marketing agency etc. | |
| Shared stories | Stories of founders. Stories of incumbents. Told from older generation to the younger ones. Impact of the stories on attitude, work ethics, and perception of the business. | |
| Ability to innovate through tradition | Deep understanding of history | Knowing their products well from the raw materials, processing, marketing, and components of the products. Knowing the territorial knowledge, or business-specific knowledge. |
| Applying modern knowledge and/or technology | Ability for the business to apply new knowledge and/or technology. Linking the individuals’ education and experience with what they apply to the products. Ability for the business to give the products new meaning for both old and new customers. | |
| Succession process | Psychological ownership | How the incumbents groom the successors into leaders. Look out for intrinsic motivation for the successors to succeed the business. |
| Leadership grooming through formal and informal education | Existence of family governance. Family business structure. How the family business influences the successors’ education and work experience. | |
| Business sustainability | Adapting through necessity | Shortage of supply. Sudden change in trends and regulations. |
| Adapting through time | Change in consumer’s behavior. Technology outdated. Change in consumer’s perception. | |
| Adapting through crisis | Economic crisis. Raw material crisis. | |
| Adapting through internal and external factors | Internal: Death of family members. Conflict between family members. External: (Necessity, time, and crisis) |
|
| Communication barriers | Between working family members | What is not communicated between or within generations. Observe the difference in the content of the same topic, and the reasons for the difference. |
| Between management and non-family employees | What is not communicated between the management and non-family employees. Factors for the lack of communication, both deductively and inductively. |