The Founders’ Syndromes, Challenges And Solutions

Journal Article

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Main Author: Muriithi, Samuel and Wachira, Muturi
Format: Article
Language:English
Published: Researchjournali’s Journal of Entrepreneurship 2024
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Online Access:https://repository.daystar.ac.ke/handle/123456789/4596
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author Muriithi, Samuel and Wachira, Muturi
author_facet Muriithi, Samuel and Wachira, Muturi
author_sort Muriithi, Samuel and Wachira, Muturi
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description Journal Article
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institution Daystar University
language English
publishDate 2024
publisher Researchjournali’s Journal of Entrepreneurship
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spelling oai:repository.daystar.ac.ke:123456789-45962024-05-09T10:46:05Z The Founders’ Syndromes, Challenges And Solutions Muriithi, Samuel and Wachira, Muturi Founders’ syndrome distance management power conflict successional leadership Journal Article Founders are remarkably innovative and creative persons driven by desire to fill critical needs in the society. The needs are addressed through creating organisations that produce goods and services that meet customer needs while at the same time fulfil founders’ dream and mission of being successful. Determined to succeed, most founders shape their organisations around their personality and beliefs, making the organisations to be synonymous with their philosophies and practices. Many founders exercise paternalistic, autocratic and overzealous leadership, making it difficult for other stakeholders to get a grip of the organisations, a behavioural pattern termed as “the founders’ syndrome.” The main characteristics of the founders’ syndrome include being self-drive, achievement oriented, resistant to change, sole-decision making and retaining the status quos. Conflict arises from those interested in seeing the organisations transit from the founders to other successor. To deal with founders’ syndrome and ensure smooth operations and smooth leadership transition, this paper provides several recommendations mong them developing strong all-inclusive leadership; building employees’ capacity to attain desired competence; practicing professionalism; establishing workable structures and succession planning mechanisms. Lastly, the organisations must be guided by relevant strategies that aid in attaining strategic positioning and competitive edge. 2024-05-09T10:43:43Z 2024-05-09T10:43:43Z 2016-07 Article Muriithi S., and Wachira M. (2016): The Founders’ Syndromes, Challenges And Solutions. Researchjournali’s Journal of Entrepreneurship 2349-5383 https://repository.daystar.ac.ke/handle/123456789/4596 en Vol. 4 | No. 4 application/pdf Researchjournali’s Journal of Entrepreneurship
spellingShingle Founders’ syndrome
distance management
power
conflict
successional leadership
Muriithi, Samuel and Wachira, Muturi
The Founders’ Syndromes, Challenges And Solutions
title The Founders’ Syndromes, Challenges And Solutions
title_full The Founders’ Syndromes, Challenges And Solutions
title_fullStr The Founders’ Syndromes, Challenges And Solutions
title_full_unstemmed The Founders’ Syndromes, Challenges And Solutions
title_short The Founders’ Syndromes, Challenges And Solutions
title_sort founders’ syndromes, challenges and solutions
topic Founders’ syndrome
distance management
power
conflict
successional leadership
url https://repository.daystar.ac.ke/handle/123456789/4596
work_keys_str_mv AT muriithisamuelandwachiramuturi thefounderssyndromeschallengesandsolutions
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