Creating an environment for successful nonfamily CEOs: An exploratory study of good principals

被引:99
作者
Blumentritt, Timothy P. [1 ]
Keyt, Andrew D.
Astrachan, Joseph H.
机构
[1] Kennesaw State Univ, Coles Coll Business & Cox Family Enterprise Ctr, Kennesaw, GA 30144 USA
[2] Loyola Coll, Chicago Family Business Ctr, Baltimore, MD 21210 USA
关键词
D O I
10.1111/j.1741-6248.2007.00102.x
中图分类号
F [经济];
学科分类号
02 ;
摘要
Nonfamily CEOs are an important part of the managerial efforts of many family businesses. However, little academic work has focused on these managers, who reside in the dual worlds of business and family. This article presents a study based on interviews with 27 family members and nonfamily CEOs (NFCs) with the objective of exploring what makes for successful NFCs. We find that successful nonfamily CEO engagements are characterized by the selection of an individual with both business and interpersonal competencies, and the support of both family business boards and councils.
引用
收藏
页码:321 / 335
页数:15
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