Harvard Business Review Family Business Handbook

Harvard Business Review Family Business Handbook

Author: Josh Baron

Publisher: Harvard Business Press

Published: 2021-01-26

Total Pages: 231

ISBN-13: 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.


Start Up Nation

Start Up Nation

Author: Jeffrey Sloan

Publisher: Currency

Published: 2005

Total Pages: 306

ISBN-13: 0385512481

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A guide to starting a profitable business includes advice, tips, and strategies for assessing one's tolerance for risk, taking advantage of one's skills, avoiding common mistakes, and focusing on what one loves to do.


Generational Success

Generational Success

Author: Chetan Walia

Publisher: Createspace Independent Publishing Platform

Published: 2018-05-30

Total Pages: 50

ISBN-13: 9781720562849

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Perpetuating the family business. What lies at the root of failure of the family enterprise? 97% of family owned businesses fail to make it beyond the third generation. The white paper examines the reasons, the global viewpoint and provides solutions to the impending problem.


Generation to Generation

Generation to Generation

Author: Kelin E. Gersick

Publisher: Harvard Business Press

Published: 1997

Total Pages: 316

ISBN-13: 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 Enterprises

Family Enterprises

Author: Peter Leach

Publisher: Profile Books

Published: 2016-01-21

Total Pages: 377

ISBN-13: 1782832068

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Family firms are to be found in every sector of commercial activity. Commitment, family values and pride in the business are typically their special strengths, yet they also face major challenges in reconciling the needs of the business with those of the family. Drawing on the author's extensive experience of working with and advising some of the world's most successful business families, this new and updated edition of Family Enterprises: The Essentials explains the pitfalls, tensions and competing demands that destroy too many family businesses. These problems can be avoided, and Peter Leach reveals the techniques and strategies needed to do so. Running a successful family business is always a huge challenge, but this book offers real insight and guidance on how to keep both business and family united and buoyant.


Keep the Family Baggage Out of the Family Business

Keep the Family Baggage Out of the Family Business

Author: Quentin J Fleming

Publisher: Simon and Schuster

Published: 2000-02-29

Total Pages: 340

ISBN-13: 0684856042

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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.


Beyond Survival

Beyond Survival

Author: Leon A. Danco

Publisher: Predictable Futures Incorporated

Published: 2003

Total Pages: 204

ISBN-13: 9780973378603

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As a successful business owner, you realize that financial success is just the beginning.you still have many other challenges to face. However, the real threat to the continued success and growth of your business doesn't come from ruthless competitors, spiraling costs, oppressive government regulations, militant unions or runaway inflation. The main threat lies in the managerial practices and policies that you - like too many other business owners - have chosen to follow since the day you started business. Over the years, age and success have become your partners and they demand from you a set of solutions and approaches that are totally different from what you had to use to survive in the "good ol' days." You had the dream, the ability, and the guts to build your business from virtual scratch, but now you must also have the guts to accept the fact that the perpetuation of your business is in your hands and is your responsibility. You've been running so fast and working so hard that it's been difficult for you to take an objective look at what you are doing - or failing to do - to ensure the survival, growth and profitable continuity of your business. Time is your most precious asset, but you only have a finite amount of it. You must begin by making some changes now, while there is still time to make them. In this book, Dr. Danco outlines his recommendations for ensuring the success, continuity, and perpetuation of the business you have built on your sweat, guts, and talent. As a teacher, consultant, and advisor for nearly four decades, to thousands of family-owned or privately-held businesses, he has made it his goal to force business owners to take critical looks at themselves, their actions, their business, and their family - examinations that are absolutely necessary if their dream is to survive. The survival of your company is a vital ingredient in our North American way of life. It depends on your courage and your action.


Research Anthology on Strategies for Maintaining Successful Family Firms

Research Anthology on Strategies for Maintaining Successful Family Firms

Author: Management Association, Information Resources

Publisher: IGI Global

Published: 2021-08-27

Total Pages: 1146

ISBN-13: 1668435519

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Family-owned businesses account for many of the small and medium-sized enterprises that exist around the world in various industries. Due to their unique make up, these firms are often heavily influenced by family dynamics that must be reconciled by family and non-family workers alike in order to ensure the sustainability of the business. As smaller businesses competing against an increasingly globalized economy and more directly impacted by economic instability, especially in the wake of the COVID-19 pandemic, these businesses must continue to improve their practices and processes in order to not only survive but thrive. The Research Anthology on Strategies for Maintaining Successful Family Firms discusses the strategies, sustainability, and human aspects of family firms in order to understand what sets them apart from other businesses and how they can survive and compete in a globalized economy. This book discusses the unique dynamic brought by family firms that offers both opportunities and challenges for a growing business. Covering topics such as corporate venturing, the family unit, and business ethics, this text is an essential resource for family firms, entrepreneurs, managers, business students, business professors, researchers, and academicians.


FAMILY BUSINESS

FAMILY BUSINESS

Author: MOHANAKRISHNAN RAMAN

Publisher: Notion Press

Published: 2020-09-08

Total Pages: 143

ISBN-13: 1649838506

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Understanding the family business is important for business families. Several aspects of running a family business, from the values, vision building, relationship building through reciprocity and gratitude, succession planning, family constitution, family governance and family health and wellness, are important areas of knowledge the family members must know and practice. “This book is written for anyone who works in a family business. Dr. Mohanakrishnan has summarized many years of real-world experience and explores the family tensions and issues that often plague these companies. Following the clear and practical suggestions set forth in this book will surely add to the success of your family owned business”. -John D. Adams, Ph.D. Emeritus Professor of Organizational Systems Saybrook University, USA “Dr Mohanakrishnan has written this book with pragmatic style with many practical examples to make the reader to understand the complex family business issues and challenges. The solutions discussed are also of high learning value”. -Santhiran Ramasamy Group Senior Director, Business Development and Strategic Alliances Mahsa Education Group, Malaysia