|
You are here:
Knowledge, Learning and Capabilities in
Franchise Organizations > Conclusion
CONCLUSION
Franchising
is being reported as an effective growth strategy for e-commerce in
the global market. Building
the franchisor/franchisee “family” relationship is believed to
be the most important factor for the success of a franchise system.
For the franchisor,
the biggest challenge in building the “family”
relationship is to help the
franchisee to progress from one stage of the franchisee life cycle
learning process to the next, especially turning the franchisee from
the “Rebel” stage into the Renewal stage.
Based on their experiences with many successful franchises,
Justis and Judd [1] identified five crucial elements of influencing
others in the “family” relationship: Knowledge, Attitude,
Motivation, Individual Behavior, and Group Behavior.
Using the five elements as the foundation, we proposed in
this paper an Intranet-based Working Knowledge Repository for
franchise organizations. We
also discussed how the franchise working knowledge is organized and
learned. Examples of dynamic
capabilities and value-creating strategies
leveraged from the working knowledge profiles are shown.
The roles of information technology enabling the Repository
to work are illustrated. Finally,
implications of the study for global e-commerce are briefly
discussed.

|