Working With Family Businesses
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Author | : Michael A. Klein |
Publisher | : Mk Insights LLC |
Total Pages | : 156 |
Release | : 2012-03 |
Genre | : Businesspeople |
ISBN | : 9780984949205 |
"In this honest and practical guide, Michael Klein shares his research findings and insights on how individuals get trapped in their family business, why they don't leave, and what can be done about it. Based on interviews with family business members, owners, and their advisors, Trapped in the Family Business sheds light on this common yet unexamined problem and offers solutions"--Page 4 of cover.
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 | : David Bork |
Publisher | : Borkinstitute for Family Business |
Total Pages | : 186 |
Release | : 1993 |
Genre | : Family corporations |
ISBN | : 9780963702807 |
Author | : Quentin J Fleming |
Publisher | : Simon and Schuster |
Total Pages | : 340 |
Release | : 2000-02-29 |
Genre | : Business & Economics |
ISBN | : 0684856042 |
Exploring both the psychological and practical underpinnings of family businesses, an experienced management consultant presents invaluable advice on minimizing conflicts and maximizing business success. Charts.
Author | : R. Carlock |
Publisher | : Springer |
Total Pages | : 322 |
Release | : 2010-10-14 |
Genre | : Business & Economics |
ISBN | : 0230294510 |
The authors explore how effective planning and communication helps business families around the world address growth challenges as they strive to become high performing multi-generation family enterprises. This book shows family businesses working together at their best.
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 | : K. LeCouvie |
Publisher | : Springer |
Total Pages | : 207 |
Release | : 2017-07-03 |
Genre | : Business & Economics |
ISBN | : 1137280921 |
The first ever comprehensive guide to family business succession planning. This book covers everything from what family business ownership is and how to structure ownership bylaws to business structure, leadership transition, and how a founder exits the business. Drawing on original research, case studies, and white papers, Family Business Succession is a thorough, complete, and "required reading" for every family member working in a family business.
Author | : Reg Athwal |
Publisher | : RTS Books |
Total Pages | : 163 |
Release | : 2017-09-04 |
Genre | : Business & Economics |
ISBN | : 0995584001 |
Global family business advisor and authority Reg Athwal delivers the ultimate how-to guide, drawing upon his extensive global expertise and international research. Athwal shares with you the basics relevant to all first-generation entrepreneurs who are thinking about their next generation, combined with insights for well-established family firms who need to understand the pitfalls and legacy blockages that prevent 97% of family businesses from lasting beyond the fourth generation. With Athwal’s 26 years of combined experience in family business advisory, human capital management and entrepreneurship, he will ensure that you avoid the mistakes many family firms make, as he reveals his strategies, processes, systems and techniques to get it right and not leave it to random chance to build that 100-plus-year family business legacy. In this book, you’ll learn: – About your “DNA profile” and how it impacts other family members, professional teams and your overall business – How to build family structures and create the right job roles aligned to multi-generational challenges and your succession planning needs – About the blockages that stop 97% of family businesses in creating a sustainable legacy – How to build a family vision and values charter – How to evaluate your human capital and build world-class dream teams with 90% accuracy, so your business assets continue to grow
Author | : Stephanie Brun de Pontet |
Publisher | : Macmillan |
Total Pages | : 144 |
Release | : 2012-10-16 |
Genre | : Business & Economics |
ISBN | : 1137274808 |
The family business becomes much more complex as it goes from the founder/entrepreneur to next generations. As more family members work together several challenges become apparent and can threaten the business if not addressed. This book, written by experts in the field of family business, shows the family members how to confront the problems and how to create solutions. Including: -Acknowledging that change needs to happen class -Building a formal structure around the business… including decision making processes -Strengthening both personal and professional relationships -Determining who has a role in the family business (spouses, children) -Creating a process to address conflict And more. The authors have over 50 year work experience in family business - from their business research at top universities, to their global consulting practice.
Author | : Allen Fishman |
Publisher | : Mcgraw-hill |
Total Pages | : 304 |
Release | : 2008-09-12 |
Genre | : Business & Economics |
ISBN | : 9780071548410 |
Running a family business is like running any other business--with the addition of many extra challenges. A family-owned enterprise involves unique management, compensation, hiring, and other business issues regarding family member employees. 9 Elements of Family Business Success addresses the specific challenges faced by owners of family businesses, and it shows family members employed in the business how to enjoy their positions while helping the organization reach its highest potential. Every relationship between family members comes with its own unique set of dynamics. When transferred into the workplace, these dynamics introduce emotional factors and hot buttons that can make or break the business. In this comprehensive guide, Allen E. Fishman spotlights all the challenges such organizations face and provides practical advice for creating your own strategy to meet them--and strengthen relationships within the family, as well. Fishman provides solutions to the problems unique to a family-run business, along with handy checklists to ensure you're covering all the angles. You'll learn how to: Create a written policy for hiring, reviewing, and terminating family member employees Avoid family relationship tension regarding compensation Choose a successor and create a succession development plan Ensure good results-driven family communication and dynamics Maintain healthy spousal relations when you work together Recruit and retain talented non-family member employees 9 Elements of Family Business Success contains detailed case studies of specific challenges faced by real family business owners and employees. Each one explains how the owner or employee identified the problem and the steps he or she took to solve it. Apply Fishman's advice, and you'll experience all the benefits and avoid the pitfalls that come with running a family business.