Rahul Chatterjee
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Transformational Leadership in Family-Owned Businesses: Balancing Tradition and Innovation Rahul Chatterjee; Priyanka Menon
ePaper Bisnis : International Journal of Entrepreneurship and Management Vol. 1 No. 1 (2024): March : ePaper Bisnis : International Journal of Entrepreneurship and Managemen
Publisher : Asosiasi Riset Ilmu Manajemen Kewirausahaan dan Bisnis Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61132/epaperbisnis.v1i1.191

Abstract

This article examines transformational leadership in family-owned businesses, with a focus on balancing the preservation of traditional values and driving innovation. By conducting interviews with family business leaders and analyzing their leadership approaches, the study identifies key strategies for managing generational transitions, incorporating modern practices, and fostering organizational culture. Findings highlight that transformational leadership ensures long-term success by integrating the strengths of tradition with the opportunities of innovation.