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Family business professional managers incentives based on the psychological contract

Author: ChenQinZhuan
Tutor: ChenZhiFa；HuangShunChun
School: Jiangxi University of Technology
Course: Business management
Keywords: Family business Professional managers Psychological contract
CLC: F276.5;F224
Type: Master's thesis
Year: 2011
Downloads: 81
Quote: 0
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Abstract


With the gradual development and growth of the family business, family business owners are increasingly aware of the limited knowledge and management capabilities. The resulting development of difficult problems, making the family business owners struggling. The rise of professional managers in such a context. But, after the introduction of professional managers, the problem of how to motivate professional managers have become increasingly prominent, how to make a family business owners to understand the needs of professional managers based on the implementation of effective incentives, how will the self-interest of the professional managers with long-term family business interests tied together, is a problem on the current theory and practice. This article on the basis of the literature, a family enterprise in Zhejiang Province as the research object, the use of scientific research methods to try to correct analysis of the professional managers of the family business incentive status quo, and then based on the psychological contract based on the professional managers of the family business incentives mechanisms for empirical research, also proposed to establish an effective incentive model based on the psychological contract based on the implementation of effective incentives, an effective incentive in the true sense of professional managers. Firstly, according to the literature, summed up the family business, professional managers, as well as the definition of the psychological contract, summarized at home and abroad on the basis of the psychological contract, the family business of professional managers incentive status quo. Survey to understand the expectations of the professional managers of the relevant factors of the psychological contract, as well as practice in the family business, and come to the fact that the family business of professional managers incentive status quo is not optimistic. In the empirical analysis, the relevant factors of this article will be related to the psychological contract is divided into four dimensions: the dimension of the working conditions, remuneration Fu Liwei, learning and development as well as communication and relationship dimensions. Through empirical analysis, the professional managers remuneration Fu Liwei degrees, the highest expectations of communication and relationship dimensions. Remuneration Fu Liwei degrees, learning and practice of the development dimension in the family business is most unsatisfactory. On the basis of the empirical analysis, by combing the incentive effect of the four dimensions of professional managers to build a relatively effective psychological contract-based family business professional managers incentive model. Evaluation in accordance with the effect of the incentives in the model run, family business owners, and constantly adjust the incentives, trying to achieve the best incentive effect. Then the model was validated using related software, the satisfaction of professional managers on the the incentive status quo based on the psychological contract, drawn: the explanation of the four dimensions are strong; correlation dimension is also a strong correlation with overall satisfaction. Finally, the relevant theory and empirical analysis of the relevant conclusions at home and abroad on the family business of professional managers based on the psychological contract incentive the targeted management countermeasures 5:00.

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CLC: > Economic > Economic planning and management > Economic calculation, economic and mathematical methods > Economic and mathematical methods
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