This study had as objective the analysis and diagnose of the commercial structure of some Colombian familiar companies, in order to formulate a management model that allows them to confront the market challenges. As research unit, thirty companies from different productive sectors were employed and as working unit three companies, Pizano S.A. Corventas de Colombia Ltda, Ferretería Sicar Ltda. were selected. A structured survey and an open and historical personal interview were applied for gathering information. Field work showed, that 33% of the familiar companies managed to enter the second generation, while only 13% reached the third one, indicating fragility, if the company is not ready to accept the changes which the modernization of enterprise processes, of dynamics and of shifts in the commercial and administrative management
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.