Leadership in Family Owned Organizations

Abstract

The main focus of the study is on the role of entrepreneurs, progenitors, patriarchs and leaders in the family owned organizations. The family ownership and membership, being the family history relational dynamics, familial structure and the role processes into the organization The role of the leader or owner in an organization is influenced by the family dynamics in the social setting as well as by the issue of leadership roles in family owned in organizations. 1. The progenitor who has two or more generation of family ownership/leadership succeeding him and 2. First generation professionals entrepreneurs and leaders who founded the organization in the last one and a half decade in the beginning 1980’s.

The data used for the study has been collected through open ended interviews and from people who have been associated with the organization for the past 20-30 years and have been in association with the leaders. The open ended interviews were conducted on the leaders who may be first, second or third generation, owners/inheritors and successors heading the organization