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Where Have We Been and Where We Should Be Going in Family Business Research Read chapter Read first chapter

2012 | OriginalPaper | Chapter

11. Entrepreneurial Leadership and the Family Business

Authors : Maija Renko, Ayman El Tarabishy, Alan L. Carsrud, Malin Brännback

Published in: Understanding Family Businesses

Publisher: Springer New York

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Abstract

This chapter focuses on a key interpersonal and organizational phenomenon in ­family businesses that has received only limited attention in previous literature: leadership. More specifically, our focus is on understanding the nature of entrepreneurial leadership in family firms. Family businesses face many unique challenges, and the leadership style of the key family members is central to overcoming many of these challenges. Particularly, family businesses benefit from having leaders with clear vision for the future of the business, leaders with an ability to challenge everyone in the organization to focus on recognizing new opportunities, and leaders who can themselves serve as role models in such opportunity recognition. These are essential elements in our conceptualization of entrepreneurial leadership.

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previous chapter How to Create Trust in Family Firms and Rebuild It When It’s Lost: Implications for Practice and Research
next chapter Do Family Councils Really Work? The Need for Empirical Study
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Metadata
Title
Entrepreneurial Leadership and the Family Business
Authors
Maija Renko
Ayman El Tarabishy
Alan L. Carsrud
Malin Brännback
Copyright Year
2012
Publisher
Springer New York
Book
Understanding Family Businesses

Print ISBN: 978-1-4614-0910-6

Electronic ISBN: 978-1-4614-0911-3

Copyright Year: 2012

DOI
https://doi.org/10.1007/978-1-4614-0911-3_11

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