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Resiliency Models and Addressing Future Risks for Family Firms in the Tourism Industry (Paperback)
Loot Price: R4,363
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Resiliency Models and Addressing Future Risks for Family Firms in the Tourism Industry (Paperback)
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Family-owned and family-run firms, which are mostly small and
medium-sized enterprises, are important when it comes to tourist
destinations. It is therefore essential to understand how family
firms address future risks and the challenges they face as part of
the tourism industry. Since family businesses play such an
important role for the entire tourism industry, it is worthwhile to
analyze this business type when it comes to organizational
resilience. Further, the development of practical solutions from
field or case studies are beneficial for creating valuable learning
effects for both firms and destinations alike. The examination of
one risk scenario and its successful or missing management might be
beneficial to create useful learning effects for the future.
Therefore, it is essential to understand contemporary issues and
future challenges of family firms in the hospitality/service
industry and to examine different perspectives at an individual,
firm, and destination management level. Resiliency Models and
Addressing Future Risks for Family Firms in the Tourism Industry
provides an in-depth examination of tourism family firms, since
these firms are essential for supplying solutions for challenges
such as dealing with uncertainty, becoming or remaining resilient,
and creating sustainable tourism destinations. The chapters address
the challenges of sustainability and resilience in an uncertain
world and connects knowledge from family business research to
tourism research, focusing on hospitality. Highlighted topics
include organization ambidexterity, pandemic risk, firm management
and leadership, and technology use in firm operations. This book is
essential for family firms, hotel management, entrepreneurs,
restaurateurs, tourism professionals, academicians, researchers,
and students seeking the most advanced research on family firm's
resilience and risk management within the tourism industry.
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