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For the people by the people: The case of De Dietrich stewardship

Author

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  • Alexander Friedrich Bergfeld
  • Marc-Michael Bergfeld
  • Gaetan De Dietrich

Abstract

While the coronavirus has exposed the importance of humane-centered entrepreneurship, some family businesses put their stakeholders at the center of their activities over generations. In this article, I elaborate how the De Dietrich family included a humane-centered stewardship mindset in the family firm’s activities and development over generations. I reviewed the family’s history through the lens of stewardship. First, I briefly outline the history of the De Dietrich family and review stewardship. Describing the research approach and method, I explore the stance on stewardship of the family firm, surviving through several crises. The results show that family businesses with a humane-centered focus in their stewardship mindset are more resilient when it comes to disruptive contextual situations and exhibit a long-term performance over time.

Suggested Citation

  • Alexander Friedrich Bergfeld & Marc-Michael Bergfeld & Gaetan De Dietrich, 2022. "For the people by the people: The case of De Dietrich stewardship," Journal of the International Council for Small Business, Taylor & Francis Journals, vol. 3(2), pages 95-105, April.
    • Handle: RePEc:taf:ucsbxx:v:3:y:2022:i:2:p:95-105
    DOI: 10.1080/26437015.2021.1944792
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