IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-137-43253-7_17.html
   My bibliography  Save this book chapter

Family Enterprise

In: The Seven Sins of Innovation

Author

Listed:
  • Dave Richards

Abstract

I recently met Anthony Woodhouse, the managing director of Hall & Woodhouse, a UK-based family brewery and pub operator established in 1777. Anthony had agreed to speak at an Institute of Directors event I was hosting titled An Evening with Entrepreneurs. When we met, he said he didn’t view himself as an entrepreneur but as a custodian. His great-great-great-great-grandfather, the founder of the company, was a man of vision who risked all to achieve greatness. Now Anthony feels his task is to hand on the company, in better condition than he found it, to the next generation of stakeholders. He views himself as a steward of the business, seeking to find the right balance between improving and preserving the business for future generations of shareholders. In my view, he is an entrepreneur, and I’m glad to say I’ve convinced him of that fact, and also that all chief executives are simultaneously stewards and change agents — seeking the right balance between preservation via risk management and improvement via entrepreneurship and innovation.

Suggested Citation

  • Dave Richards, 2014. "Family Enterprise," Palgrave Macmillan Books, in: The Seven Sins of Innovation, chapter 0, pages 214-228, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-43253-7_17
    DOI: 10.1057/9781137432537_17
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-1-137-43253-7_17. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.