Podrobný výpis o publikaci

Family business resilience can be defined as the ability of family businesses to manage, adapt and thrive despite challenges that may include economic crises, generational transitions, changes in market conditions and other unforeseeable events. The key elements that contribute to the resilience of family businesses are strong family values, long-term planning, flexibility in decision-making and support for innovation. Resilience focuses on the ability to maintain the stability and continuity of a family business through various crises and changes, with businesses often applying soft skills, using their family ties and social capital as a source of strength and adaptability.2 Resilience has acquired importance due to the recent numerous crises, starting with the corona virus pandemic, followed by high inflation, energy crisis, etc. These numerous crises affect the family, family business, business relationships, supply and logistics chains, financial health of companies and forms of family wealth management. Therefore, it is absolutely necessary to deal with the topic of family business resilience on a daily and strategic level.