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Pathways to Family Firms' Sustainable Human Resource Management

Pathways to Family Firms' Sustainable Human Resource Management
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Author(s): Muhammad Faizan Khan (Kohsar University, Murree, Pakistan)and Hafiz Muhammad Sikandar Ahmad (Institute of Applied Sciences and Technology, Pak-Austria Fachhochschule, Pakistan)
Copyright: 2025
Pages: 40
Source title: Industrial Ecology and the Sustainable Development Goals (SDGs)
Source Author(s)/Editor(s): Syed Abdul Rehman Khan (Business Research and Consultancy Limited, Sheffield, UK)and Muhammad Tanveer (Imam Mohammad Ibn Saud Islamic University, Saudi Arabia)
DOI: 10.4018/979-8-3373-0139-6.ch005

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Abstract

The chapter consists of three parts: Family Firms, Sustainable Human Resource Management, and Pathways to Family Firms. First, we discuss the importance of family firms and the theoretical perspective of family science theories. Secondly, the author explores the emerging concept of sustainable human resource management (SHRM) and introduces pathways to sustainable futures. What is sustainability, and how was it integrated into HRM? It draws on the wider literature on Strategic Human Resource Management (SHRM), Sustainable Resource Management (SRM), and organizational theory to offer insights into the relationship between sustainability and HRM. The key issue addressed is the balancing act between short-term economic efficiency and long-term sustainability in managing human resources. Last but not least, we discuss the pathways to family firms and how family firm sustainable practices contribute to Sustainable Development Goals (SDGs) 2030.

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