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The importance of mentoring and coaching for family businesses

Published online by Cambridge University Press:  16 January 2014

Pedro Núñez-Cacho Utrilla*
Affiliation:
Department of Business Administration, University of Jaen, Campus de las Lagunillas s/n, 23071-Jaen, España
Félix Ángel Grande Torraleja
Affiliation:
Department of Business Administration, University of Jaen, Campus de las Lagunillas s/n, 23071-Jaen, España
*
Corresponding author: [email protected]

Abstract

Mentoring and coaching practices are helping businesses grow by supporting the development of their human capital. Family businesses have a unique atmosphere and distinctive features that make it especially important to discover whether mentoring and coaching affect their performance. We have used a resource-based vision and knowledge-based vision to analyse this relationship using structural equation methodology in a sample of 630 companies. The results show that there is a direct relationship between mentoring and coaching and the performance of family businesses.

Type
Research Article
Copyright
Copyright © Cambridge University Press and Australian and New Zealand Academy of Management 2013 

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