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How to Make the Transition from an Entrepreneurship to a Profes sionally Managed Firm, by Eric G. Flamholtz, San Francisco: Jossey-Bass Publisher, 1986, 231 pp., $21.95. What do entrepreneurs do with their firm after a successful and brilliant begin ning? Literature has recorded some classic examples of the founding entrepre neur's meteoric success but equally meteoric failure. What happens to the firm once it becomes established? Is there only one alternative for the founding entre preneur? Will the well known fate of Apple Computer's Steven Jobs and Com modore's Jack Tramiel happen to all founding entrepreneurs if they are truly successful? Can the entrepreneur make the transition from entrepreneurship to a professionally managed organization? Eric G. Flamholtz offers a strategy for all founding entrepreneurs who want to help their firm make the transition from a start-up firm to a professionally man aged firm. This book operationalizes the transitional process by using models for organizational task development and stages of organizational growth to explain what the firm must do to successfully grow and make each necessary transition without experiencing failure. The book shows business owners and managers how to manage their compa nies throughout every phase of development. The author
American Journal of Small Business – SAGE
Published: Apr 1, 1987
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