From mom-and-pop stores to Fortune 500 corporations, the family business as an institution is widespread and enduring—yet only 30 percent of family enterprises successfully transition to the next generation. In this accessible and deeply informed new book, family enterprise expert Emily Griffiths-Hamilton (author of Build Your Family Bank: A Winning Vision for Multigenerational Wealth) shares the secrets of successful multigenerational family enterprises. Through extensive research and personal and professional experience as a member of and advisor to family enterprises, Griffiths-Hamilton has developed an unconventional approach that looks beyond narrow business considerations to focus on the critical aspect of every family enterprise—the “family factor.” Successful multi-generational family enterprises, she explains, are animated by a unifying vision that rests on shared values. Mutual trust and strong communication skills are vital for families to articulate these foundational elements, which will then inform a “family enterprise framework” that can endure for generations. Planning for the long-term health of a family business doesn’t need to be complicated. Beginning with a single meeting, family enterprises of every shape and size can use the insights in this book to build robust frameworks that will reward their members for decades to come—not just financially, but with strengthened family connections, a shared sense of purpose, and perhaps most importantly, a bit of fun.
Emily Griffiths-Hamilton is a chartered accountant, a family enterprise advisor, and conflict resolution coach who brings three generations of experience to the subject of wealth and family-business transition planning. Her maternal grandfather, veterinarian Dr. William Ballard, was one of North America's greatest dynamic wealth creators. Her father, Frank A. Griffiths, FCA, built a highly successful sports and media empire. Griffiths-Hamilton herself has been the co-owner of a National Hockey League team, the Vancouver Canucks; a National Basketball Association franchise, the Vancouver Grizzlies; and a state-of-the-art arena. Griffiths-Hamilton's professional training, expertise, and unique first-hand experience have given her a deep understanding of the benefits of clear, considered succession and family-business transition planning. Today, she is passionate about advising individuals and families on the effective, responsible transition of wealth and family businesses over generations. Her first book, Build Your Family Bank: A Winning Vision for Multigenerational Wealth, was released in 2014
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.
From one of the world’s leading authorities, a practical resource guide filled with the essential information you need to know about assisted reproduction Third-party reproduction is now easier, more accessible, and more successful than ever before, yet it is still a complex process. Before you start down this path to parenthood, there are important questions to consider such as, “How are sperm, eggs, and embryos screened?”, “How do I find a donor?”, or “What are the legal issues surrounding surrogacy?” Here, psychologist Kim Bergman—an expert in the field and a mother herself through assisted reproduction—provides the answers you need and more. Your Future Family provides a roadmap for navigating the journey of building a family through assisted reproduction. It outlines the very first steps you should take, the options available to you at each turn, and includes essential advice and tips to help set you up for success. Filled with personal anecdotes from Bergman’s own life, as well as the lives of her clients, this book brings the human element of creating a family this way to life. The definitive primer on assistant reproduction,Your Future Family provides a foundational knowledge of the entire process, includes essential facts, as well as a list of resources to help you along the way. Kim Bergman’s expertise and her open, honest approach will inspire confidence to fulfill your dreams of creating a family.
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.
Keep your family history alive for future generations! Old photos, genealogical documents, ancestors' stories, and artifacts are vital to understanding your family's past-and they belong to your family's future. This concise step-by-step guide will help you organize and pass your genealogy collection and family history to the next generation. Follow the PASS Process: (1) Prepare by organizing materials, (2) Allocate ownership, (3) Set up a genealogical "will," (4) Share with heirs. Whether you're new to genealogy or have years of experience, you'll find practical ideas and learn how to: sort your genealogy collection into logical categories . . . safely store and label your materials . . . inventory and index for new insights . . . decide what to keep and what to give away . . . write instructions for your collection's future . . . and bring family history alive now. Includes sample forms and links to online resources to help you put a personalized PASS plan into action. Reviewed by genealogy blogger Anna Mathews: "Each chapter in Marian's book is filled with great tips from her many years of experience in taking these steps herself. She shares many resources and stories along the way, showing us by example that organizing isn't taking away precious time from research, it can actually help us in our research, leading to discoveries we might not otherwise make." Reviewed by genealogy blogger Wendy Mathias: "Marian provides a PROCESS for making sure our years of hard work and treasures from our ancestors don't end up in a landfill. I emphasize PROCESS because the book is not a collection of handy-dandy tips and tricks. With what Marian calls 'the PASS system,' the overwhelming job of getting our 'stuff' ready to pass on is made logical and manageable."
As the first Muslim elected to Congress, Minnesota Democrat Keith Ellison explores what it's like to be an American in the twenty-first century. As a Black, Latino, and former Catholic who converted to Islam, Keith Ellison, is the first Muslim elected to Congress—from a district with fewer than 1 percent Muslims and 11 percent Blacks. With his unique perspective on uniting a disparate community and speaking to a common goal, Ellison takes a provocative look at America and what needs to change to accommodate different races and beliefs. Filled with anecdotes, statistics, and social commentary, Ellison touches on everything from the Tea Party to Obama, from race to the immigration debate and more. He also draws some very clear distinctions between parties and shows why the deep polarization is unhealthy for America. Deeply patriotic, with My Country ’Tis of Thee, Ellison strives to help define what it means to be an American today.
SHIFT your Family Business was written for anyone who has ever worked in a family business or been part of a business family. Steve Legler grew up in one such family, and married into another, and in this, his first book, he examines the challenges that business families face, and gives readers lots of insights and ideas to help them face and overcome those challenges. Since clear, frequent, and open communication is the key to getting out of difficult situations, he walks readers through the steps of: (1) getting important conversations Started (2) getting Help from others to facilitate the discussions (3) Investing the time and effort necessary to gain the momentum to keep going (4) remaining Flexible with all their ideas and plans (5) Talking everything out to gain as much understanding and consensus as possible. He concludes with some thoughts that demystify governance, and invites business families to take on a "family office" mindset to stay focused and on track. SHIFT your Family Business is all about helping business families create the harmony they need to support the legacy they want.
Disruptions are being caused in the workplace due to the development of advanced software technology and the speed at which these technological advancements are being produced. These disruptions could take diverse forms and affect various aspects of work and the lives of entities in the workplaces and families of the individual employees. Work and family are caught in the crossfire between technological disruptions and human adaptation. Hence, there is a need to assess the overall effect that the Fourth Industrial Revolution would have on work, employee work-family satisfaction, and employee well-being. Future of Work, Work-Family Satisfaction, and Employee Well-Being in the Fourth Industrial Revolution is a critical reference source that discusses practical solutions and strategies to manage challenges and address fears regarding the effect of the Fourth Industrial Revolution on the future of employment and the workforce. Featuring research on topics such as corporate governance, job satisfaction, and mental health, this book is ideally designed for human resource professionals, business managers, industry professionals, government officials, policymakers, corporate strategists, consultants, work-life balance experts, human resources software developers, business policy experts, academicians, researchers, and students.
Finally, a simple and easy way to tackle the toughest topic of all... MONEY. It's the taboo topic nobody wants to broach, the elephant in everyone's living room. Not surprisingly, talking about money is a major cause of strife in U.S. households today. Planning for a family's future often prompts a total breakdown in communication, causing lasting damage. Research indicates that a staggering 70 percent of heirs lose their money, assets, and family harmony in the aftermath of estate transfers. This brilliant new book is about to change all that. Radio personality and financial advisor Lori Sackler has devoted her professional career to solving the financial problems plaguing families today. Here she introduces a set of groundbreaking tools for anyone who needs to discuss money with loved ones. She shows families how to communicate about money matters through all of life's transitions--changes in financial circumstances, remarriage and merging families, retirement, preparing heirs, and transferring wealth. The M Word will literally change the way your family views, spends, and transfers assets, wealth, and family values. You'll learn how to approach the thorniest of subjects without anxiety or stress, and your family will reap the benefits of secure financial planning for generations to come. Using the author’s five-step action plan to successfully prepare for, initiate, and execute the "money talk," you'll be able to: Understand why the money talk is crucial and challenging for families Tackle the issues that accompany wealth transfers and life's transitions Overcome the roadblocks that can keep families from communicating Prepare yourself and your family--logistically and psychologically--for the money talk Create a process for repeated talk that can keep your family and finances intact The M Word shows you and your family how to negotiate all aspects of financial planning for all generations--without stress or worry. Praise for The M Word "[M]akes a compelling argument for having 'the money talk.'" -- The New York Times "Lori Sackler's advice on overcoming the money taboo will not only help families successfully transfer wealth and deal with all of life's transitions, but actually become happier in the process." -- Shawn Achor, author of the international bestseller The Happiness Advantage "Lori Sackler masterfully delivers honest, timeless, and highly useful guidance that will help investors and their families successfully navigate crucial life transitions and financial decisions." -- David M. Darst, CFA, Chief Investment Strategist, Morgan Stanley Wealth Management "The M Word should be on the bookshelf of every parent looking for guidance on how to talk to the next generation about money." -- Eileen Gallo, PhD, and Jon Gallo, authors of Silver Spoon Kids "The M Word will take you by the hand and give you what it takes to survive and thrive financially during these trying times." -- Joan Hamburg, WOR Radio "Lori Sackler provides many insights about how families can cope with the financial dimensions of what she calls 'life's transitions.'" -- Richard C. Marston, Director of Wharton's Private Wealth Management Program "Families can spare themselves a lot of heartache by reading The M Word." -- Gail Saltz, MD, Clinical Associate Professor of Psychiatry, The New York Presbyterian Hospital "I'm ordering books for my sons and stepsons so we can have the 'money talk' Lori's book encourages." -- Martin M. Shenkman, estate planning attorney and author