The Importance of Patronage during the Institutionalization of the Companies and the Professional Manager and Entrepreneur Coherence Problem

Sevim Yılmaz and Vesile Yılmaz

Academic Journal of Interdisciplinary Studies, 2015, vol. 4

Abstract: When companies start institutionalization, it is inevitable that some difficulties will be faced while advancing with the guidance of the experienced and professional managers under the employer’s control. In the operation of this process, as much as the importance of the patronage (the entrepreneur’s embracing the control and style of managing), the mangers’ (that give account to the entrepreneur) being able to embrace the institution and to have an accord with the boss are also important. It is normal to face some coherence problems and opinion differences between the entrepreneur and the senior manager in the institutionalizing companies. The level and the depth of these are important; moreover, there are things to do to make them understandable. During the institutionalization process, the coherence problems between the professional manager and the entrepreneur can be resolved through mutual effort. In this study, the main problems are faced and the solution suggestions are given.

Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:bjz:ajisjr:1096

DOI: 10.5901/ajis.2015.v4n1s2p239

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