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The importance of mentoring and coaching for family businesses

Author

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  • Núñez-Cacho Utrilla, Pedro
  • Grande Torraleja, Félix Ángel

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.

Suggested Citation

  • Núñez-Cacho Utrilla, Pedro & Grande Torraleja, Félix Ángel, 2013. "The importance of mentoring and coaching for family businesses," Journal of Management & Organization, Cambridge University Press, vol. 19(4), pages 386-404, July.
    • Handle: RePEc:cup:jomorg:v:19:y:2013:i:04:p:386-404_00
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    Cited by:

    1. Karina Nicolle Esbeih & Valentín Molina-Moreno & Pedro Núñez-Cacho & Bruna Silva-Santos, 2021. "Transition to the Circular Economy in the Fashion Industry: The Case of the Inditex Family Business," Sustainability, MDPI, vol. 13(18), pages 1-18, September.
    2. Madarasiné Szirmai Andrea & Németh Krisztina, 2019. "Coaching and mentoring at family businesses in process of transition," Prosperitas, Budapest Business School, vol. 2019(1), pages 76-101.
    3. Pedro Núñez-Cacho & Daniel Lorenzo, 2020. "Temporary factors that condition innovation: comparison between family and non-family businesses," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(3), pages 1740-1759, March.
    4. Kuratko, Donald F. & Neubert, Emily & Marvel, Matthew R., 2021. "Insights on the mentorship and coachability of entrepreneurs," Business Horizons, Elsevier, vol. 64(2), pages 199-209.
    5. Pedro Núñez-Cacho & Valentín Molina-Moreno & Francisco A. Corpas-Iglesias & Francisco J. Cortés-García, 2018. "Family Businesses Transitioning to a Circular Economy Model: The Case of “Mercadona”," Sustainability, MDPI, vol. 10(2), pages 1-19, February.
    6. Madarasiné Szirmai Andrea & Németh Krisztina, 2019. "Coaching and mentoring at family businesses in process of transition," Prosperitas, Budapest Business University, vol. 6(1), pages 76-101.

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