Mentoring in Family Firms: A Reflective Analysis of Senior Executives' Perceptions

This paper reflectively analyzes 76 family business senior executives' perceptions of their personal experiences of being mentored. Although mentoring in family firms is a common recommendation, there is little empirical research supporting its use or efficacy. The findings from this research r...

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Bibliographic Details
Published in:Family business review 1999-12, Vol.12 (4), p.299-309
Main Authors: Boyd, John, Upton, Nancy, Wircenski, Michelle
Format: Article
Language:English
Subjects:
Effectiveness
Family corporations
Family owned businesses
Family-owned business enterprises
Influence
Mentors
Studies
Upper management
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Summary:This paper reflectively analyzes 76 family business senior executives' perceptions of their personal experiences of being mentored. Although mentoring in family firms is a common recommendation, there is little empirical research supporting its use or efficacy. The findings from this research reveal that those who were mentored believe it is a vital tool for success. The data indicate a strong belief that the selection of the mentoring technique—formal or informal, performed by a family or nonfamily member—should depend on the parties involved and the situation. The analysis provides family businesses with a practical tool for the selection of appropriate mentoring methodologies. The paper also presents recommendations for future research.
ISSN:0894-4865
1741-6248
DOI:10.1111/j.1741-6248.1999.00299.x