Cardiff University | Prifysgol Caerdydd ORCA
Online Research @ Cardiff 
WelshClear Cookie - decide language by browser settings

The strategic legacy of company founders

Harris, Lloyd Cameron and Ogbonna, Emmanuel Okechukwu ORCID: 1999. The strategic legacy of company founders. Long Range Planning 32 (3) , pp. 333-343. 10.1016/S0024-6301(99)00037-0

Full text not available from this repository.


The key aims of this article are (1) to explore the relationship between the vision and strategy of an organizational founder and the strategy of subsequent managements, and (2) to analyse the potential effects (if any) between the founding vision and current company strategy. This article details a review of literature which discusses the crucial role of founders in shaping the culture and strategy of their businesses and the importance of strategic vision in guiding the direction of the organization. A case study of two UK retailing companies finds that the organizational founder of both companies had created a strategic legacy. Such a founding legacy was found to be either negative (a `strategic hangover') or positive (a `strategic dividend'). These findings offer several new insights and identify important directions for executives and scholars in addressing issues of management choice and environmental influence.

Item Type: Article
Date Type: Publication
Status: Published
Schools: Business (Including Economics)
Subjects: H Social Sciences > H Social Sciences (General)
Publisher: Pergamon
ISSN: 0024-6301
Last Modified: 27 Oct 2022 08:25

Citation Data

Cited 43 times in Scopus. View in Scopus. Powered By Scopus® Data

Actions (repository staff only)

Edit Item Edit Item