Read and Download eBook Full
Author: C. Aronoff
Publisher: Springer
Published: 2017-07-03
Total Pages: 98
ISBN-13: 1137514949
DOWNLOAD EBOOKIdentifying and developing leaders in a family business can be more difficult than traditional business. Here Aronoff and Baskin discuss the different styles of leadership and what style might work with what family member including the Directing Leader, the Coaching Leader, the Counseling Leader and the Delegating Leader.
Author: Andrew Keyt
Publisher: John Wiley & Sons
Published: 2015-07-07
Total Pages: 224
ISBN-13: 1118928962
DOWNLOAD EBOOKEstablish credibility as the new family business leader Myths & Mortals, Family Business Leadership and Succession Planning provides insights and strategies for successors of family businesses. Successors often find themselves in the shadow of their parents making it difficult to establish credibility in the family business and tap into their own strengths. The stress of emulating a parent begins to clash with who they are and who they want to be as a leader. Written by internationally known business strategist and succession planning expert Andrew Keyt, this guide shows you how to establish credibility, take your place at the head of the table, and run your business your way. In groundbreaking research, Keyt interviewed more than 25 successors of family business legends including Massimo Ferragamo, Bill Wrigley Jr., Christie Hefner, and John Tyson to find out how they overcame the challenges successors commonly face.The analysis from that study formed the basis for the strategies presented here—to help you win the loyalty of those stuck in the old way of doing business, and still focused on their former leader's vision. You'll learn how to take charge without sacrificing your own leadership style, and how to get everyone on board with your vision for the business. Growing up in the shadow of legendary family business leaders creates a unique challenge for successors to the leadership position. You cannot remove the emotional power of family dynamics from the business, but you can change how you choose to react to it. To be successful, you need to create a sense of identity and credibility, and step out of the shadows of your forbears. This guide provides strategies for doing just that, so you can take the reins and be the effective leader your business needs. Overcome the obstacles successors commonly face Win over those still loyal to their former leader Build your own credibility, separate from your parents Develop your own leadership style and do business your way Credibility is elemental to business leadership, but establishing that credibility is the successor's biggest challenge. Myths & Mortals, Family Business Leadership and Succession Planning helps you plan around the obstacles and avoid common missteps so you can lead more effectively right out of the gate.
Author: Allen Fishman
Publisher: Mcgraw-hill
Published: 2008-09-12
Total Pages: 304
ISBN-13: 9780071548410
DOWNLOAD EBOOKRunning 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.
Author: Mark A. Clark
Publisher: Springer Nature
Published: 2021-06-15
Total Pages: 240
ISBN-13: 3030690172
DOWNLOAD EBOOKThe paths that leaders walk significantly influence their success, offering differential opportunities and challenges. While conventional wisdom suggests that leadership styles and approaches may be equally effective across all situations, more recent research demonstrates the importance of employing strategies more specifically aligned with the context. This book offers critical insights and strategies, currently missing from the repertoire of leaders and their supporters, for managing across six distinct paths into leadership positions: promoted, hired, elected, appointed, founded, and family legacy. It illustrates lessons drawn from within and across paths, presented through themes, quotes, and stories drawn from interviews with over 60 successful leaders (executives, politicians, entrepreneurs, and more). While it is evident that these paths differ, those who study, hire, mentor, and coach leaders rarely consider the distinctions, nor suggest what may be learned across the paths. The emerging leaders, HR professionals, researchers, and coaches among the book’s readers will learn not only from those who have walked one particular path, but also from the experiences of those trekking in other directions. Most leaders will cross from one path to another over the course of their career. Some executives interviewed for the book worked their way up the ladder in one company, only to be recruited to fill a C-suite position in another company. Others were appointed to high-level government positions after stints as elected officials. The authors identify major distinctions when moving across the six paths. By reading this book, leaders and those who support them will develop greater self-awareness about each path so they can better leverage and manage their new challenges and opportunities from the first day in their new leadership position.
Author: Edwin A. Hoover
Publisher: Routledge
Published: 2013-08-21
Total Pages: 272
ISBN-13: 1136782958
DOWNLOAD EBOOKThis is a guide for business owning families and their professional advisors. The authors argue that the single most important factor to the success of any business is relationship intelligence. The book aims to demonstrate how improved relationships translate into more effective leadership, ownership and ethics in business.
Author: Steve Williams
Publisher:
Published: 2016-02-20
Total Pages: 58
ISBN-13: 9780692646847
DOWNLOAD EBOOKAre You Tired of Struggling to Get People to Listen to You and Follow You? Then Keep Reading Below to Learn How to Become a Successful Leader Many people are led to believe that you are either born a leader and have the skills or that you don't. Imagine this scenario, you have recently received a promotion at your job and have been given much more responsibility. Leading people happens to be a larger one of these responsibilities. So you go about your job assuming you have all the skills necessary to create a great working environment for a team and what happens? You aren't successful, your team doesn't show you the respect you deserve, and in the end you lose your promotion or worse. This can easily happen even when you are more than qualified to be in a leadership position if you don't fully understand what it takes to be a successful leader. Consequently, if you don't lead correctly people will resent you, things will run inefficiently, unorganized, and ultimately you won't reach your goals. So it is very important to spend time learning exactly how to be a great leader. Many people realize this, but don't have any idea what to do to give themselves the extra edge. The truth of the matter is if you are having trouble leading effectively in a way that makes people want to follow you it is because you are lacking effective techniques and strategies on exactly what to do. This book has step by step advice that will maximize your potential and teach you to lead like you were born to! A Preview of What You Will Learn How to Lead Like a PRO! Exactly What Defines a True Leader The Top 20 Leadership Success Tips What Separates Those That Fail vs Those That Succeed Proven Leadership Strategies and Techniques Much, much more! Here Are Some Tips Straight From the Book - A true leader does not need to use threats to get people to follow them. Instead, a true leader leads by example. If a leader wants those they are leading to have a certain standard then they set that standard and stick to it. They do not allow themselves to fall below that standard and by doing so, they are showing those who are following them that not only is it possible to reach that standard, but it is possible to maintain it as well. - To be a great leader, you are going to have to make some changes within yourself. The first step is understanding that the changes need to be made with you, not with those you are leading. By making the changes within yourself, you will find that those you are leading will make the changes needed as well. - What it all boils down to is that you have to know how to relate to people, how to understand people, how to motivate them, and how to keep people's attention. More than anything, you need to know how to take control of yourself, your own life, your own job, and your own emotions. If you can successfully convey this in an honest and straightforward way then people will WANT to follow you. Take charge of your life today and buy this book while it is being offered at an introductory price!
Author: Josh Baron
Publisher: Harvard Business Press
Published: 2021-01-26
Total Pages: 231
ISBN-13: 1633699064
DOWNLOAD EBOOKNavigate 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: Jennifer M. Pendergast
Publisher: Macmillan
Published: 2011-02-15
Total Pages: 274
ISBN-13: 0230117708
DOWNLOAD EBOOKBoards of directors can help businesses succeed—yet many family businesses do not have functioning boards of directors that play a valuable role in providing oversight to their businesses. 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. The book provides best practices for owners and directors with step-by-step guidelines for developing and managing a board—from writing the initial prospectus, through conducting lively meetings, to maintaining open, honest communication between owners, directors, family members, and other stakeholders in the firm.
Author: Amy M. Schuman
Publisher: Macmillan
Published: 2011-01-04
Total Pages: 108
ISBN-13: 0230116175
DOWNLOAD EBOOKCareer development is often neglected in family firms, yet it is essential to the continuous process of building leadership capacity for the future. A well-planned and effective career-development process enables individuals meet the strategic challenges of the future. This guide enables family businesses to shed their "sink or swim" attitudes and foster the development of highly skilled leaders for succeeding generations of success.
Author: Tony W. Brown
Publisher:
Published: 2015
Total Pages:
ISBN-13:
DOWNLOAD EBOOKA family business often behaves and operates differently than a nonfamily-owned business. Family matters and dynamics can influence organizational health and business sustainability. Accordingly, leadership in a family business can embody challenges that are both different and magnified in comparison to leadership in other businesses. There is a particular requirement of owners of family businesses to structure the interface of family and business in a manner that assures a successful business while accommodating the interests of the family. This case study identifies lessons in leadership. The report embraces an overarching question regarding the roles and functions of an executive-level organizational leader and narrows the analysis to a focus on the application of the leadership lessons learned to the roles and functions of the owner-leader and his spouse in a start-up, family-owned business enterprise. The examined case is the short-lived Cooke Ranch, documented in the television miniseries Texas Ranch House. A family-owned business needs specific contributions from its ownership in order to thrive and endure. Prominent among these contributions are clarity and intention regarding leadership. A family business embodies overlapping and interdependent parts, each of which has specific leadership needs. The added complexity of family dynamics causes a successful family business to operate, adopt strategies, and make decisions differently than does a nonfamily business. This examination of Cooke Ranch reveals that perspectives, emphases, and behaviors of family business owners may or may not always translate as effective leadership. Owners who are preoccupied with the family and being owners instead of genuinely leading their family business organization can easily forfeit the whole enterprise. The identification of a distinguishable group of elements at the core of ownership's interface with leadership's exacting responsibilities in the television documentary Texas Ranch House adds to current research and literature regarding leadership in a family business. Three subsystems - ownership, family, and business/management - comprise an overall family business system that thrives when ownership is mindfully acting in ways that cultivate organizational health and unity. The case study reveals that ownership intersects leadership's values, purpose/vision of continuity across generations, ethics/trust, decisions, and aligned results at the point it overlaps both the family and business subsystems in an interdependent organization. The report concludes that a thriving family-owned business is unique in composition, strength, and competence and that such a business demands that its leaders and their subordinates practice an advanced degree of organizational citizenship. The electronic version of this dissertation is accessible from http://hdl.handle.net/1969.1/152440
