What makes a great leader and what role should senior family members play? Katie Barker asked the question and got some sage words in reply
The question of what makes a good senior family business leader is much debated. Questions of leadership style, level of involvement and when to step aside are all very subjective. There are many examples of older family business leaders who cannot let go, who refuse to relinquish power and who stifle the next generation; heads such as Sumner Redstone, the 86-year-old chairman of National Amusements, and 78-year-old News Corporation head Rupert Murdoch, are two prominent illustrations.
