HUMAN RESOURCE MANAGEMENT SRATEGIES TO IMPROVE PERFORMANCE OF FAMILY COMPANY

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Date
2012-10-18
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Publisher
International Conference on Enterpreneurship Business and Management 2012, Program Magister Manajemen Universitas Tarumanagara Jakarta‐Indonesia
Abstract
This paper aims as a result of a research study of family company on improving company performance by developing employee motivation and employee orientation to the future. Method of approach made by a review of concepts, EOS conducted a survey and distributing questionnaires to 52 respondents representing all the divisions that exist in a family firm. The results of the survey EOS entrepreneurial culture was the highest support in improving company performance. Improved performance of family company affected several aspects : shortening the bureaucracy and regulations, employee motivation, providing a clear career path, an opportunity for employees to own shares of the company as a sign of deep loyalty and commitment among employees to the company. In family companies, employee involvement as a shareholder in a company has a variety of benefits. For example, the availability of sufficient capital to support the production process of the company, increasing employee loyalty and a sense of belonging to the company, increasing employee motivation for the implementation of the Corporate Entrepreneurial (CE).
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Keywords
strategic human resource management, work motivation, corporate performance, corporate entrepreneurial
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