Emotional Compass: Exploring the Socio-Emotional Wealth’s Role in Guiding Change Implementation in Family Enterprises!

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Prof. Hourmat Allah Hind
Prof. Hourmat Allah Hind
2
Mr. Khalis Mohammed
Mr. Khalis Mohammed
1 CADI AYYAD UNIVERSITY

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This research delves into the intricate impact of socio-emotional wealth (SEW) on the behavioral patterns of family firms during the implementation of organizational change. Employing the ambidexterity theory as a conceptual framework, the study scrutinizes 200 responses from proprietors and managers of family firms through a vignette-based investigation. The outcomes illuminate SEW as a pivotal guiding principle and determinant in the decisionmaking processes related to change. SEW is identified not only as an originating factor but also as a resultant outcome of change dynamics. Family firms demonstrate a propensity to embrace change in anticipation of potential advantages in terms of SEW, juxtaposed with a hesitancy when confronted with perceived risks. Furthermore, the study underscores a continuous reciprocal influence that characterizes the dynamic interplay between SEW and change. This influence extends beyond specific stages, permeating strategic and operational realms within the organizational context.

Funding

No external funding was declared for this work.

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The authors declare no conflict of interest.

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No ethics committee approval was required for this article type.

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Not applicable for this article.

Prof. Hourmat Allah Hind. 2026. \u201cEmotional Compass: Exploring the Socio-Emotional Wealth’s Role in Guiding Change Implementation in Family Enterprises!\u201d. Global Journal of Management and Business Research - A: Administration & Management GJMBR-A Volume 24 (GJMBR Volume 24 Issue A2): .

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Analysis of emotional wealth in family businesses.
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Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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March 21, 2024

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English

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This research delves into the intricate impact of socio-emotional wealth (SEW) on the behavioral patterns of family firms during the implementation of organizational change. Employing the ambidexterity theory as a conceptual framework, the study scrutinizes 200 responses from proprietors and managers of family firms through a vignette-based investigation. The outcomes illuminate SEW as a pivotal guiding principle and determinant in the decisionmaking processes related to change. SEW is identified not only as an originating factor but also as a resultant outcome of change dynamics. Family firms demonstrate a propensity to embrace change in anticipation of potential advantages in terms of SEW, juxtaposed with a hesitancy when confronted with perceived risks. Furthermore, the study underscores a continuous reciprocal influence that characterizes the dynamic interplay between SEW and change. This influence extends beyond specific stages, permeating strategic and operational realms within the organizational context.

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Emotional Compass: Exploring the Socio-Emotional Wealth’s Role in Guiding Change Implementation in Family Enterprises!

Prof. Hourmat Allah Hind
Prof. Hourmat Allah Hind CADI AYYAD UNIVERSITY
Mr. Khalis Mohammed
Mr. Khalis Mohammed

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