Personality-Fit of a CEO in Family Businesses: Evolution of a conceptual framework for Leadership Effectiveness
Abhishek Kumar
Abstract
The role of a CEO necessarily involves organizational development activities. They are responsible for delivering quarter on quarter performances and for harnessing a culture of performance and institutionalizing processes that will sustain and improve success parameters. It has been observed personality of the CEOs go a long way in enabling them to perform their role. His personality appropriateness becomes even more critical when he is working for a family business. This appropriateness is determined by the stage of growth the organization is in at
the given period. This paper shall evolve a conceptual framework through a real-life case study incorporating two primary stages of a family-owned organization, i.e. Professionalization and Ambitious Growth and two primary but dominant characteristic of leadership i.e. Strategy and Action.
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