Coping mechanisms at various growth stages and other success dimensions of family-owned learning institutions-towards a paradigm

This study evolves a model on the growth stages and success dimensions of family-owned learning institutions.The study case analyzed three successful family-owned learning institutions in Metro Manila chosen based on defined indicators. The composite picture of these institutions was drawn reconstru...

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Bibliographic Details
Main Author: Suarez, Josefina V.
Format: text
Language:English
Published: Animo Repository 1997
Subjects:
Online Access:https://animorepository.dlsu.edu.ph/etd_doctoral/770
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Institution: De La Salle University
Language: English
Description
Summary:This study evolves a model on the growth stages and success dimensions of family-owned learning institutions.The study case analyzed three successful family-owned learning institutions in Metro Manila chosen based on defined indicators. The composite picture of these institutions was drawn reconstructing retrospective data on the three schools used as cases in this study, in terms of their management of four types of resources, namely: financial, physical and materials, human and intangible, those areas identified by the Philippine Accrediting Association of Schools, Colleges and Universities (PAASCU), and other dimensions culled from the study as success indicators. The data were gathered through the interview method and information obtained in contexts. The study attempts at verifying the hypotheses that a generalizable model for successful family-owned learning institution based on the analysis of their growth stages and factors related to their success may be evolved from the study.A questionnaire of five parts was used to draw a composite picture of family-owned learning institutions. The parts of the composite picture drawn were: 1) Profile of the institutions 2) Profile of the founding families 3) Assessment of present and future state of the schools 4) Identification of some business success dimensions, 5) Quality measurement using as indicators the PAASCU Accreditation Manual, and 6) Identification of leadership style as one among the other success dimensions which may be culled from the study. Based on the findings of the study, the following conclusions were made:Existing principles in business such as availability of funds and venue at the start of the enterprise, unity of command, creativity to solve problems, and establishing safeguards to protect the image, leadership style, bench marking, excellent credit management, marketing strategy through word of mouth, staggered expansion program, consciousness in technology, management of competition, employment of various rewards system, quick decision-making ability, consultancy and a good sense of timing hold true to family-owned learning institutions.As learning institutions, all three schools have common characteristics such as strong Catholic culture, high academic expectations, good communication system, consistent discipline program, strong leadership of a principal, coeducational admission, mission statement which emphasizes love of God, country and high learning standards, parent involvement, and co-curricular offering.Family-owned learning institutions have a common pattern of growth which makes them relate to the same set of problems and difficulties.