ABSTRACT
The existence of the family-business in today’s business competition is an interesting phenomenon to study particularly their ability to survive in the global economic downturn and making large contributions to the economic recovery in many emerging market countries including Indonesia. They have been impressively growing by making smart and effective business decisions during the crisis so that they are able to compete in business. Greiner’s thesis states an organization will go through six stages of growth based on age, size and evolution coupled with specific crisis in each phase, organizations will survive if they can overcome the crisis and evolve to the next stage. The family-businesses examined in this study facing crisis which, in contrast to Greiner’s assumptions, is not in accordance with the age and scale of the business. The second growth phase, which is growth through direction with specific autonomy crisis, is the longest phase in the family-businesses under studied. This study expected to provide new insights about the management of family businesses so that further study can develop new theories that are more adequate for Indonesian context.
