founder's syndrome


Also found in: Wikipedia.

founder's syndrome

A condition whereby very successful creators of a company gain an exaggerated sense of their own value. In such cases, their conceit can wind up harming the very organization they built from the ground up.
References in periodicals archive ?
There's always tension in a leadership transition, certainly with board and staff members," he said, adding that Melia's departure had nothing to do with differences in fundraising strategy but rather concern regarding founder's syndrome.
He also discusses issues in running a non-profit school or organization, such as moving beyond founder's syndrome, and gives tips on developing new programs and working with a board of directors.
So, when we want to begin the conversation on succession planning, we need to talk about Founder's Syndrome as a potential barrier to success.
He is the author of "Moving Beyond Founder's Syndrome to Nonprofit Success" (2008; BoardSource).
Doctors can't write a prescription to treat Founder's Syndrome, nor are they likely to diagnose it.
Founder's Syndrome usually occurs when a founder is unwilling to step aside to make a clean break from the organization and the belief that only that person knows what's best for the nonprofit, according to Linda Crompton, president and CEO of BoardSource, a Washington, D.
Crompton said it's critical to understand the problem: "The difficulty that we're referring to in founder's syndrome is the realization that the organization is going through stages," she said, just as a product has a life cycle, it's the individual who's aging.
Crompton's prescription to avoid Founder's Syndrome is to have the founder step back for a year and not serve on the organization's board.
Jordan said the topic of founder's syndrome was a matter of open discussion among the board.
No one ever talks about Founder's Syndrome in a complimentary way.
This is the essence of what many refer to as Founder's Syndrome.