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Hidden Champions: Leadership Success Factors

In: Hidden Champions in Dynamically Changing Societies

Author

Listed:
  • Danica Purg

    (IEDC-Bled School of Management
    CEEMAN, The International Association for Management Development in Dynamic Societies)

  • Arnold Walravens

    (IEDC-Bled School of Management)

Abstract

In the study on hidden champions, Walravens and Filipović (2013) indicate that the overlap between three systems—company, family, and ownership—can be either a strength or a weakness. This is because they contain a number of bivalent elements that continually interact within any structure (Flören 2002), the company’s strategy and culture, HRM, communication, ownership, finance, and the balance between company and family interests. For example, the spirit of ownership can be a binding element in a family or it could lead to reluctance to consider external financing and to blockage of the business’s expansion.

Suggested Citation

  • Danica Purg & Arnold Walravens, 2021. "Hidden Champions: Leadership Success Factors," Springer Books, in: Alenka Braček Lalić & Danica Purg (ed.), Hidden Champions in Dynamically Changing Societies, edition 1, pages 17-24, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-65451-1_3
    DOI: 10.1007/978-3-030-65451-1_3
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