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Family Education For Business-Owning Families

Author : Amy M. Schuman
Publisher : Palgrave Macmillan
Page : 100 pages
File Size : 39,72 MB
Release : 2010-12-15
Category : Business & Economics
ISBN : 9780230111196

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One of the key factors in maintaining the legacy of your family business is a good program of family education. Inevitably, wise business-owning families see the necessity of launching some form of education for family members. It establishes an interest and a connection with the business among members of the younger generations. When done well, a program of family education offers many benefits including: * helping future owners prepare for their roles and responsibilities in the business and in the family * providing a way to express interest in each individual * providing a way to earn loyalty from family members; * strengthening bonds among family members. In Family Education the authors aim to inspire you and your family to initiate a family education program that is suited to the needs of your family.

Family Education For Business-Owning Families

Author : Amy M. Schuman
Publisher : Macmillan
Page : 102 pages
File Size : 11,87 MB
Release : 2011-01-04
Category : Business & Economics
ISBN : 0230116051

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One of the key factors in maintaining the legacy of your family business is a good program of family education. Inevitably, wise business-owning families see the necessity of launching some form of education for family members. It establishes an interest and a connection with the business among members of the younger generations. When done well, a program of family education offers many benefits including: * helping future owners prepare for their roles and responsibilities in the business and in the family * providing a way to express interest in each individual * providing a way to earn loyalty from family members; * strengthening bonds among family members. In Family Education the authors aim to inspire you and your family to initiate a family education program that is suited to the needs of your family.

Building a Successful Family Business Board

Author : J. Pendergast
Publisher : Springer
Page : 267 pages
File Size : 10,16 MB
Release : 2011-03-08
Category : Business & Economics
ISBN : 1137511710

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In Building a Successful Family Business Board , the authors show why private firms need the in-depth expertise and objective feedback that a well-chosen board, including qualified independent directors, can provide, and demonstrates how owners and directors can work together to ensure a long and profitable life for the firm.

Generation to Generation

Author : Kelin E. Gersick
Publisher : Harvard Business Press
Page : 316 pages
File Size : 35,99 MB
Release : 1997
Category : Business & Economics
ISBN : 087584555X

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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.

Family Education For Business-Owning Families

Author : A. Schuman
Publisher : Springer
Page : 89 pages
File Size : 48,97 MB
Release : 2017-06-30
Category : Business & Economics
ISBN : 1137514965

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Family education is a both a learning and team-building process. This book guides owners through the education process - from determining when to bring your family into the business, and how to train them, to what they could and should do outside the firm first - so they can bring outside experience into the family firm.

Own It!

Author : Wendy Sage-Hayward
Publisher : Springer Nature
Page : 300 pages
File Size : 34,30 MB
Release : 2022-11-15
Category : Business & Economics
ISBN : 3030204197

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Very few enterprising families focus on building an owner’s mindset in family members. They are busy working and growing their enterprises (rightly so), which prioritizes and values the management role over the ownership role. Many rising generation family members do not choose the path of ownership but are simply born into it. Given these typical patterns, it is not surprising that there is little focus on valuing and building an educated owner to steward the family’s assets for future generations. This book serves as a resource and support tool to help enterprising families learn and develop thoughtful, capable ownership by investing in and nurturing an owner's mindset. This includes building “ownership literacy,” along with a genuine sense of stewardship. It offers a learning structure and approach for each stage of an owner’s development across the lifespan (from earliest years to retirement), taking into consideration the lifecycle stages of the family. The authors make clear that ownership development shouldn’t be confined to earlier ages; any owner at any age can gain ownership-related perspective and skills that can contribute to greater family harmony and business success. The book provides enterprising families and their advisors with examples and practical advice for the promotion of knowledge, skills, and capabilities that incorporate a broad range of topics spanning from personal and interpersonal, to leadership and wealth, to business, ownership, and financial.

The Family Business Group Phenomenon

Author : Marita Rautiainen
Publisher : Springer
Page : 410 pages
File Size : 20,81 MB
Release : 2018-10-30
Category : Business & Economics
ISBN : 3319985426

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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.

Harvard Business Review Family Business Handbook

Author : Josh Baron
Publisher : Harvard Business Press
Page : 231 pages
File Size : 17,14 MB
Release : 2021-01-26
Category : Business & Economics
ISBN : 1633699064

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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.

Strategic Planning for The Family Business

Author : R. Carlock
Publisher : Springer
Page : 289 pages
File Size : 29,41 MB
Release : 2001-01-29
Category : Business & Economics
ISBN : 0230508758

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Family business planning has traditionally centered on two issues - estate planning and succession. These goals are far too limited for today's family firm. Business families want to turn the business into not only a tool for profit, but for self-expression, innovation and legacy. The authors introduce the new concept of the Parallel Planning Process, explaining how to integrate the needs and expectations of the family and business systems in order to create an organic and entrepreneurial unit. Planning and decision making templates are included as well as studies of well-known family businesses.