Corporate family responsibility as a driver for entrepreneurial success

Abstract

Corporate Family Responsibility (CFR) is companies’ responsibility towards their employees. Work–Life Balance (WLB) and employees’ wellness policies are the main tools for CFR implementation in both large companies and Small and Medium Sized Enterprises (SMEs). This work investigates the application of CFR in the context of Italian SMEs. The chapter adopts the case study methodology and analyses a sample of five companies that have successfully implemented good CFR practices within their business strategy. Data were gathered through semi-structured interviews with companies’ CEOs. Results emphasize a growing attention by Italian SMEs towards the topics of CFR and WLB policies. Interviewees agree that implementing these tools allows the increase of both personal and professional serenity levels and reduces stress factors with positive impacts on performance.