Indonesia Conference Directory


<< Back

Three-Dimensional Analysis of Family Business Development: How is the Fate of Continuing Ponyo Restaurant Pioneer in Bandung?
Cut Irna Setiawati (a*), Hafizah Nadhira Nur Karimah (b)

(a*), (b) Business Administration, Telkom University
Jl. Telekomunikasi N0.1, Bandung, Indonesia
*irnacut[at]telkomuniversity.ac.id


Abstract

This study aims to analyze the family business named Ponyo Restaurant (PR) from the Three Dimensions of Family Business Development, which covers the dimensions of family, ownership, and business so that current PR sustainability is known. This research is descriptive qualitative. Data was collected by in-depth interviews with 6 PR key persons and then the data was analyzed to map stakeholders then formulate a business strategy. The research results obtained are first, based on Family-Ownership: Ownership is under the control of one person while the others are passive owner. In terms of Business-Family Members: The next generation is undergoing a training period and the owner has a good and increasing performance. In terms of Share Ownership: (1) shareholders come from family members who directly manage the company, (2) owners and future generations manage the business together, and (3) the owners are ready to hand over the reins of leadership. In terms of Business-Ownership of Shares: (1) the organizational structure between owners and managers as the center, (2) shareholders develop PR systems, and (3) run organizational routines properly. From the side of the Employees: there are employees who work due to family relationships. Lastly in terms of Employee-Ownership: employees have ownership or share rights due to their partners or grandchildren directly from the owner.

Keywords: Family Business, Ownership, Restaurant Enterprise

Topic: Entrepreneurship

Link: https://ifory.id/abstract/d6b9mrLYgfj8

Conference: Conference on Managing Digital Industry, Technology, and Entrepreneurship (CoMDITE 2019)

Plain Format | Corresponding Author (Cut Irna Setiawati)

Featured Events

<< Swipe >>
<< Swipe >>

Embed Logo

If your conference is listed in our system, please put our logo somewhere in your website. Simply copy-paste the HTML code below to your website (ask your web admin):

<a target="_blank" href="https://ifory.id"><img src="https://ifory.id/ifory.png" title="Ifory - Indonesia Conference Directory" width="150" height="" border="0"></a>

Site Stats