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The Role Played by Management

Jean-Pierre Jeannet, Thierry Volery, Heiko Bergmann and Cornelia Amstutz
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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

Chapter 6 in Masterpieces of Swiss Entrepreneurship, 2021, pp 57-67 from Springer

Abstract: 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.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-65287-6_6

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DOI: 10.1007/978-3-030-65287-6_6

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