Understanding Family Owned Business Groups
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Author | : Marita Rautiainen |
Publisher | : Springer |
Total Pages | : 410 |
Release | : 2018-10-30 |
Genre | : Business & Economics |
ISBN | : 3319985426 |
This edited collection analyses the unexplored concept of the family business group, evaluating the opportunities and advantages that it creates for entrepreneurs. Raising a number of important questions, the authors construct a new research agenda for the complex topic of the family business group, which will ultimately assess its contribution towards the economy and society in general. The chapters provide a core understanding of the phenomenon and cover its formation, nature and complexities, as well as offering a holistic perspective and exploring factors such as scale, size and regional contexts. A useful tool for those researching small businesses, organisation, and business strategy, this book highlights the key advantages of family business group structures in both developed and developing countries, and local and national contexts.
Author | : Manlio Del Giudice |
Publisher | : Springer |
Total Pages | : 198 |
Release | : 2017-03-09 |
Genre | : Business & Economics |
ISBN | : 331942243X |
This book addresses the increasing prominence of family-owned business groups and their potential to influence growth and development in the global economy. Family businesses are not necessarily converging towards unitary models of corporate governance or organizational designs, but remain heterogeneous in a global economy. Empirical evidence on the developmental effects of family-owned business groups is fragmented and inconclusive: are there tangible differences between family-owned business groups in emerging economies and developed countries? Are there important variations across and between industries? How have geopolitical circumstances shaped their activities? In this book, the author seeks alternative, pluralistic, and cross-disciplinary approaches through economic, management, and organizational perspectives. This book provides readers with a core understanding of how both corporate governance and business strategy are shaped by the institutional frameworks of markets, as well as knowledge into how institutional context shapes the governance and strategies of family business groups. It is an invaluable reference tool for scholars and students in the social sciences, as well as professionals involved in strategic management issues within a knowledge management context.
Author | : Keanon J. Alderson |
Publisher | : Business Expert Press |
Total Pages | : 193 |
Release | : 2018-05-08 |
Genre | : Business & Economics |
ISBN | : 1631575740 |
This outstanding book provides you with a detailed look at family businesses, the most prevalent form of business in the world. Whether you are a business student, or a member of a family who owns a business, you will definitely benefit from this book, which leads with an introduction to the unique nature of family businesses. Inside, the author explores the many differences between a family-owned business and a nonfamily-owned business. He discusses the major family business theories and shows how family firms make business decisions. This book also defines the significant issues prevalent in family firms and explores the most problematic issue: the succession or the transfer of ownership to the next generation. If you are a professional advisor to family firms—such as accountants, attorneys, bankers, insurance providers, and financial services—you’ll undoubtedly develop a better understanding for your clients.
Author | : C. Aronoff |
Publisher | : Springer |
Total Pages | : 103 |
Release | : 2017-06-30 |
Genre | : Business & Economics |
ISBN | : 1137512083 |
Helps to prepare for passing the family business on to the next generation. Leaders will learn how to create a succession plan; how to develop opportunities for succession candidates; how to build consensus with the family and leaders on succession plans and finally leaders will learn when and how to let go of their own role in the business.
Author | : C. Aronoff |
Publisher | : Springer |
Total Pages | : 97 |
Release | : 2016-05-24 |
Genre | : Business & Economics |
ISBN | : 0230116027 |
Ownership in a family business can be a rewarding and important role. It means stewardship, protection and nurturing the family business. As a guide for shareholders, this book will develop understanding and insight into the role of becoming more valuable as an owner, not just financially, but intellectually and emotionally as well.
Author | : Kelin E. Gersick |
Publisher | : Harvard Business Press |
Total Pages | : 316 |
Release | : 1997 |
Genre | : Business & Economics |
ISBN | : 087584555X |
Generation to Generation will help managers understand the special dynamics & challenges that family businesses face as they move through their life cycles. It explains how to handle succession, & the role of non-family professionals.
Author | : |
Publisher | : |
Total Pages | : |
Release | : 2014-09-01 |
Genre | : |
ISBN | : 9780692267776 |
Preparing the next generation to inherit the family enterprise is the single most important determinant of a successful generational handoff. It depends significantly on both the senior generation and junior generation taking active roles in the preparation process. Specifically, what can each generation do to help develop the next generation? What does each generation want from the other throughout this journey? These and related questions have been discussed by families from around the world every year since 1997 at the Families in Business program at Harvard Business School. Next Generation Success offers a convenient summary of these rich conversations between senior and junior generation members regarding what each generation can do to help the next generation develop as effective managers, owners and family members. The perspectives of both generations are compared over a 10 year period. Included are Professor John Davis' candid letters to both generations offering wisdom on managing the challenges-and enjoying the rewards-of successfully transitioning the family enterprise to the next generation.
Author | : Josh Baron |
Publisher | : Harvard Business Press |
Total Pages | : 231 |
Release | : 2021-01-26 |
Genre | : Business & Economics |
ISBN | : 1633699064 |
Navigate the complex decisions and critical relationships necessary to create and sustain a healthy family business—and business family. Though "family business" may sound like it refers only to mom-and-pop shops, businesses owned by families are among the most significant and numerous in the world. But surprisingly few resources exist to help navigate the unique challenges you face when you share the executive suite, financial statements, and holidays. How do you make the right decisions, critical to the long-term survival of any business, with the added challenge of having to do so within the context of a family? The HBR Family Business Handbook brings you sophisticated guidance and practical advice from family business experts Josh Baron and Rob Lachenauer. Drawing on their decades-long experience working closely with a wide range of family businesses of all sizes around the world, the authors present proven methods and approaches for communicating effectively, managing conflict, building the right governance structures, and more. In the HBR Family Business Handbook you'll find: A new perspective on what makes family businesses succeed and fail A framework to help you make good decisions together Step-by-step guidance on managing change within your business family Key questions about wealth, unique to family businesses, that you can't afford to ignore Assessments to help you determine where you are—and where you want to go Stories of real companies, from Marchesi Antinori to Radio Flyer Chapter summaries you can use to reinforce what you've learned Keep this comprehensive guide with you to help you build, grow, and position your family business to thrive across generations. HBR Handbooks provide ambitious professionals with the frameworks, advice, and tools they need to excel in their careers. With step-by-step guidance, time-honed best practices, and real-life stories, each comprehensive volume helps you to stand out from the pack—whatever your role.
Author | : Marita Rautiainen |
Publisher | : Springer Nature |
Total Pages | : 663 |
Release | : 2022-11-30 |
Genre | : Business & Economics |
ISBN | : 3031132068 |
Family business groups (FBGs) are ubiquitous, influential, and play a major role in national economies. While much of the current research around this topic has so far focused on emerging economies, more knowledge is needed on family business groups in developed economies; specifically, how they innovate, strategize, govern, and grow. Offering a comprehensive and global perspective on family business groups, this Handbook comprises international contributions from leading experts. Split into five sections, it covers strategy and business transformation; innovation strategies; management and governance; and new avenues for research on FBGs including the issues of sustainability and cultural alignment. An important resource for students and researchers of family business, strategy and management, this Handbook signals the emergence of the family business group phenomenon and solidifies research in this evolving area of study.
Author | : David A. Lane |
Publisher | : Routledge |
Total Pages | : 125 |
Release | : 2018-05-15 |
Genre | : Psychology |
ISBN | : 0429919557 |
This book shows evidence-based discussion on appropriate coaching skills for family business. The book is expected to meet the demand for this knowledge base, and to achieve a practical solution-focused approach to applying specific coaching skills to family business. The need to generate ideas to develop modern, reliable and appropriate coaching application tools for family businesses is highlighted using experiential and reflective learning approach. The book is focused on understanding the economic growth of family business from a coaching perspective, and provides a critical narrative of selected failures as well as success stories. It has thus a far-reaching goal: to demonstrate the critical connection between coaching skills, family business functions, experiential and reflective learning.