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The Role Played by Management

In: Masterpieces of Swiss Entrepreneurship

Author

Listed:
  • Jean-Pierre Jeannet

    (International Institute for Management)

  • Thierry Volery

    (ZHAW School of Management and Law)

  • Heiko Bergmann

    (University of St. Gallen)

  • Cornelia Amstutz

    (University of Lucerne)

Abstract

This chapter puts the spotlight on the various forms of owner-management models adopted by the researched companies, and how they evolved over time as ownership passed on to the next generation. At first, a comparison between owner-manager and professional manager models is offered. Tracking the various changes as a company evolves, the chapter shows experiences with first-generation vs. second- and multi-generational owner-managed models. The difficulty of staying with the owner-manager model is covered, and the challenges of separating ownership and management. The chapter concludes with the challenges of recruiting successors and the unique management style practices of SMEs.

Suggested Citation

  • Jean-Pierre Jeannet & Thierry Volery & Heiko Bergmann & Cornelia Amstutz, 2021. "The Role Played by Management," Springer Books, in: Masterpieces of Swiss Entrepreneurship, edition 1, chapter 6, pages 57-67, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-65287-6_6
    DOI: 10.1007/978-3-030-65287-6_6
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