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Managerial Effectiveness in the Perspective of Competencies Towards Uniformity in Family Business

Author

Listed:
  • Zbyslaw Dobrowolski
  • Grzegorz Drozdowski
  • Agnieszka Gawlik

Abstract

Purpose: Successful business cooperation requires the managerial effectiveness shaped by capabilities necessary to leverage a firm's resources in the international marketplace. Because firms like other organisations can face unique challenges through building their managerial capabilities, the purpose of this study is to analyse managers' competencies of small-to-medium-sized firms and determine what the primary determinant of shaping managers' effectiveness is? Approach/Methodology/Design: A grounded theory and interviews with 142 Polish managers from private firms to determine their key competencies. Findings: The competencies categories emerged from the research findings. The study showed a dominant area of conceptual and relationship competencies in an entrepreneurial competency framework, which results from openness to the environment. Besides, this study confirmed other researchers' arguments that managerial competencies are thought to be multidimensional constructs. Practical Implications: The article brings several valuable information that can be the base material and reference to further research and practice. Originality/Value: The study combines research on business in Western countries with companies' activity from Central Europe. It fits into the research stream of competencies as drivers of managerial effectiveness, entrepreneurship, and an entrepreneurial competency framework.

Suggested Citation

  • Zbyslaw Dobrowolski & Grzegorz Drozdowski & Agnieszka Gawlik, 2021. "Managerial Effectiveness in the Perspective of Competencies Towards Uniformity in Family Business," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 227-237.
    • Handle: RePEc:ers:journl:v:xxiv:y:2021:i:2:p:227-237
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    References listed on IDEAS

    as
    1. Zbyslaw Dobrowolski, 2020. "Forensic Auditing and Weak Signals: A Cognitive Approach and Practical Tips," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 2), pages 247-259.
    2. Colombo, Massimo G. & Grilli, Luca, 2005. "Founders' human capital and the growth of new technology-based firms: A competence-based view," Research Policy, Elsevier, vol. 34(6), pages 795-816, August.
    3. Mariola Laguna & Michal Wiechetek & Wieslaw Talik, 2012. "The Competencies of Managers and Their Business Success," Central European Business Review, Prague University of Economics and Business, vol. 2012(3), pages 7-13.
    4. Davoine, Eric & Ravasi, Claudio, 2013. "The relative stability of national career patterns in European top management careers in the age of globalisation: A comparative study in France/Germany/Great Britain and Switzerland," European Management Journal, Elsevier, vol. 31(2), pages 152-163.
    5. Nuthall, P.L., 2006. "Determining the important management skill competencies: The case of family farm business in New Zealand," Agricultural Systems, Elsevier, vol. 88(2-3), pages 429-450, June.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Competencies; management; managerial effectiveness; businesses; skills.;
    All these keywords.

    JEL classification:

    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • M5 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics
    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation

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