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  • December 3, 2014
  • Article
  • Harvard Business Review (website)

Family Businesses Need One Person to Conquer and Another One to Rule

By: Josh Baron and Rob Lachenauer
  • Format:Electronic
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Abstract

This article explores the different leadership styles needed in family businesses beyond the traditional "conqueror" archetype. While conquerors are growth-focused and hands-on, rulers are essential for managing complexity, focusing on governance, and addressing family interests. Rulers often face challenges in gaining recognition and can be undervalued, leading to conflicts within family businesses. Understanding the roles of both conquerors and rulers is crucial for the success and harmony of family-owned enterprises.

Keywords

Leadership Style; Family Business; Management Skills

Citation

Baron, Josh, and Rob Lachenauer. "Family Businesses Need One Person to Conquer and Another One to Rule." Harvard Business Review (website) (December 3, 2014).
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About The Author

Josh Baron

Strategy
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More from the Authors
  • How a Company’s Ownership Model Shapes the Mistakes It Makes By: Josh Baron
  • Why Companies Thrive Or Die: Ownership and the Path to Perpetuation By: Josh Baron
  • Steer Your Family Businesses Through an Unplanned Transition By: Josh Baron and Nick Di Loreto
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