The Business of Family teaches readers how to write their own family business plan using time-tested strategies from the corporate world to provide a practical, user-friendly method that ensures their family knows where it's been, where it's headed, and how it's going to get there.
The Soul of Family Business by Tom Hubler takes readers on a journey throught the heart and soul of family business. Using case studies from his more than thirty-five-years as a family business consultant, Hubler explores what it takes to run a successful family business, illustrating how love is the foundation and family values are the secret sauce for success.
The challenge faced by family businesses and their stakeholders, is to recognise the issues that they face, understand how to develop strategies to address them and more importantly, to create narratives, or family stories that explain the emotional dimension of the issues to the family. The most intractable family business issues are not the business problems the organisation faces, but the emotional issues that compound them. Applying psychodynamic concepts will help to explain behaviour and will enable the family to prepare for life cycle transitions and other issues that may arise. Here is a new understanding and a broader perspective on the human dynamics of family firms with two complementary frameworks, psychodynamic and family systematic, to help make sense of family-run organisations. Although this book includes a conceptual section, it is first and foremost a practical book about the real world issues faced by business families. The book begins by demonstrating that many years of achievement through generations can be destroyed by the next, if the family fails to address the psychological issues they face. By exploring cases from famous and less well known family businesses across the world, the authors discuss entrepreneurs, the entrepreneurial family and the lifecycles of the individual and the organisation. They go on to show how companies going through change and transition can avoid the pitfalls that endanger both family and company. The authors then apply tools that will help family businesses in transition and offer their analyses and conclusions. Readers should draw their own conclusions from careful examination of the cases, identifying the problems or dilemmas faced and the options for improved business performance and family relationships. They should ask what they might have done in the given situation and what new insight into individual or family behaviour each case offers. The goal is to avoid a bitter ending.
This BDO Stoy Hayward Guide to the Family Buisness is intended as a guide for those involved in family business, or those contemplating joining one, to help them identify and resolve the family-related issues that are potentially so destructive.
The urgent and sustained interest in corporate governance is unprecedented, with the connections between corporate governance and economic performance being emphasized by the World Bank, the IMF and others in the global economic community. In this timely and definitive intellectual analysis of a key discipline, The SAGE Handbook of Corporate Governance offers a critical overview of the key themes, theoretical controversies, current research and emerging concepts that frame the field. Consisting of original substantive chapters by leading international scholars, and examining corporate governance from an inter-disciplinary basis, the text highlights how governance issues are critical to the formation, growth, financing, structural development, and strategic direction of companies and how corporate governance institutions in turn influence the innovation and development of industrial and economic systems globally. Comprehensive, authoritative and presented in a highly-accessible framework, this Handbook is a significant resource to those with an interest in understanding this important emerging field.
This edited volume provides an anthropological study of family businesses and business families. In previous research on family firms and business families, the comparative cross-cultural approach of anthropology has so far received little attention. As a result, family firms and business families are too often analyzed without considering cultural and kinship differences adequately. Similarly, although the topics of kinship and the economy are central to anthropological analysis, research on family firms and business families has been a marginal topic only that lacks in-depth discussions within anthropology. This volume breaks the mold by offering new empirical and theoretical insights into discussion about business families and family firms from a comparative cross-cultural perspective. It first addresses how the business family can be defined in different cultures and how kinship becomes understandable as a process and through ‘doing family’. In this, the book provides a systematic comparison of the connections between family, kinship and economic activity in different cultures, whereas many of the previous studies have concentrated on only one or a few regions or cultures. It also shows the complexities and challenges when grounding the analysis of economic activity and entrepreneurship in cultural context.
Meet the JacMar family: successful, committed, and--like every other business family--trying to strike a balance between their professional and personal lives. The JacMars are a composite of actual business families. As Gerald Le Van follows them from the bedroom to the board room, he identifies the key issues and problems faced by every business family today. Le Van, a highly sought-after speaker and consultant, has helped many business families successfully navigate through times of turbulence and transition. In The Survival Guide for Business Families, he makes his secrets available to the public for the first time. He leads the reader step-by-step through thirty-nine questions that everyone involved with a family operated business must address in order to plan for the future. Designed as a self-help book, The Survival Guide for Business Families teaches families to recognize the emotional and organizational work that only they--and not their lawyers, accountants or financial advisors--can do to secure their future. It gives them the communication and coping skills to get through crises, such as a leadership transition. Le Van shows that business families are not alone in their struggle, and that they can not only survive, but prosper.