Definition of a Successful Manager in a Family Business

Abstract

Purpose and originality: The purpose of this article is to identify the main characteristics of successful managers of family businesses from different perspectives.

Method: We used the method of literature review of existing knowledge on family businesses and their managers, on organisational behaviour and on successful managers in general.

Results: The research has highlighted the personality traits of successful managers in general, and specifically successful managers in family businesses.

Society: Society will benefit from the research findings by obtaining identification of characteristics and activities of a successful manager of family business.

Limitations / further research: This research is limited by the number of existing sources that were used. In the future, it would be suitable to augment the theoretical part with an empirical research on the case of Slovenia or one of its regions. It would also be sensible to add a quantitative research.