Management Styles in Small Family Owned Business
I found an article titled "Impacts of leadership style on the development of small business: lessons from a Chinese family-controlled firm". The summary of the book basically says that managerial style along with dynamic business strategies is essential for the success of small businesses. It also goes on to say that the mangerial styles implemented in family owned businesses is different than that of professionally managed public and private sector organizations. I was not able to read the article, however from the summary I read I believe the author is trying to argue that managerial styles in successful small family owned businesses is superior to that of most larger businesses because managerial style plays a larger role in determining how successful a small business will become.
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