Abstract
A family business demands some extra dimensions from its leadership because the nature of family firms is different from that of other businesses. Family companies consist of three overlapping systems: the business, the ownership, and the family. The leaders of each system must not only have the talent and skills to lead their own entity but also need to possess some knowledge of and sensitivity toward each of the other systems. And, because family members are so committed to and involved in the business, there are more emotional factors for leadership to deal with.
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© 2011 Family Business Consulting Group
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Aronoff, C.E., Baskin, O.W. (2011). Summary. In: Effective Leadership in the Family Business. Family Business Leadership Series. Palgrave Macmillan, New York. https://doi.org/10.1007/978-1-137-51494-3_11
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DOI: https://doi.org/10.1007/978-1-137-51494-3_11
Publisher Name: Palgrave Macmillan, New York
Print ISBN: 978-0-230-11117-2
Online ISBN: 978-1-137-51494-3
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