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| Author | : Thomas Zellweger |
| Publisher | : Edward Elgar Publishing |
| Total Pages | : 545 |
| Release | : 2017-04-28 |
| Genre | : Business & Economics |
| ISBN | : 1783470712 |
This innovative textbook covers the most important managerial challenges facing family businesses. It is research-based and includes theory and practice along with concepts, cases and reflection questions to illustrate the key topics.
| Author | : Manlio Del Giudice |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 270 |
| Release | : 2010-12-06 |
| Genre | : Business & Economics |
| ISBN | : 1441973532 |
Family businesses—the predominant form of business organization around the world—can make numerous, critical contributions to the economy and family well-being in both financial and qualitative terms. But dysfunctional family businesses can be difficult to manage, painful experiences at best, and they can destroy family wealth and personal relationships. This book explores the dynamics of family business management, in the context of constantly changing market conditions and the role that knowledge management plays in strategic planning and adaptation. Integrating the literature from family business, entrepreneurship, industrial psychology, and knowledge management, and with illustrative examples from a variety of enterprises, the authors address such topics as: •How family businesses can compete in the new knowledge economy •How to manage a family business when knowledge is its main asset •How to transfer knowledge (and how to keep it alive) through family generations Within this framework, the authors argue that effective resource management—especially intangible resources—is central to enabling a family-run organization to maintain a sustainable competitive advantage over time. They note that families often develop systemic, intuitive, or tacit knowledge that transcends rational decision making and needs to be recognized and nurtured as a distinctive asset. The authors demonstrate that trans-generational value is achieved when the family firm innovates and adapts itself to changing external and internal conditions. This kind of entrepreneurial performance requires dynamic capabilities and processes designed to acquire, exchange, combine and even shed knowledge and practices; and, in turn, dynamic capabilities result from mechanisms of knowledge sharing, collective learning, experience accumulation, and transfer.
| Author | : Josh Baron |
| Publisher | : Harvard Business Press |
| Total Pages | : 231 |
| Release | : 2021-01-26 |
| Genre | : Business & Economics |
| ISBN | : 1633699064 |
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.
| Author | : K. Rhodes |
| Publisher | : Springer |
| Total Pages | : 130 |
| Release | : 2013-04-29 |
| Genre | : Business & Economics |
| ISBN | : 113732130X |
Family Business Conflict Archetypes, Frames, Roles, and Tactics are discussed in this book with a view toward educating readers to the common conflict cycles that family businesses encounter. More specifically the book will address twelve conflicts that are common in family owned businesses, how to spot them and how to resolve them.
| Author | : Tom Hubler |
| Publisher | : |
| Total Pages | : 234 |
| Release | : 2018-09 |
| Genre | : |
| ISBN | : 9781732040007 |
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.
| Author | : C. Aronoff |
| Publisher | : Springer |
| Total Pages | : 130 |
| Release | : 2016-05-24 |
| Genre | : Business & Economics |
| ISBN | : 0230116000 |
Compensation is one of the most discussed items in business. And in a family business it gets personal. Authors Aronoff, McLure and Ward answer the some of the most important questions when it comes to the family what is fair pay among family members? How do I determine appropriate pay for my child? What should I pay my shareholders?
| Author | : Michael A. Klein |
| Publisher | : Mk Insights LLC |
| Total Pages | : 156 |
| Release | : 2012-03 |
| Genre | : Businesspeople |
| ISBN | : 9780984949205 |
"In this honest and practical guide, Michael Klein shares his research findings and insights on how individuals get trapped in their family business, why they don't leave, and what can be done about it. Based on interviews with family business members, owners, and their advisors, Trapped in the Family Business sheds light on this common yet unexamined problem and offers solutions"--Page 4 of cover.
| Author | : Keanon J. Alderson |
| Publisher | : Business Expert Press |
| Total Pages | : 193 |
| Release | : 2018-05-08 |
| Genre | : Business & Economics |
| ISBN | : 1631575740 |
This outstanding book provides you with a detailed look at family businesses, the most prevalent form of business in the world. Whether you are a business student, or a member of a family who owns a business, you will definitely benefit from this book, which leads with an introduction to the unique nature of family businesses. Inside, the author explores the many differences between a family-owned business and a nonfamily-owned business. He discusses the major family business theories and shows how family firms make business decisions. This book also defines the significant issues prevalent in family firms and explores the most problematic issue: the succession or the transfer of ownership to the next generation. If you are a professional advisor to family firms—such as accountants, attorneys, bankers, insurance providers, and financial services—you’ll undoubtedly develop a better understanding for your clients.
| Author | : Tom A. Rüsen |
| Publisher | : Springer Nature |
| Total Pages | : 139 |
| Release | : 2021-10-15 |
| Genre | : Business & Economics |
| ISBN | : 3030826198 |
This book deals with dynastic business families. Such families are characterized by a circle of owners comprising more than 50 family members, which typically face specific issues and challenges for which there has been little research knowledge and practical approaches until now. The book presents results and findings from a special research project on “big family management” where 7 representatives of dynastic families from Germany were studied over a 3-year period. The result was the identification of six topic areas that management in these business families has to deal with. At the same time, the study observes that dynastic business families hardly follow the logic of classic families anymore, but can rather be understood as networks with common family backgrounds. The study also reveals that a large number of business families are heading for large shareholder groups due to changed inheritance practices. The contents outlined here provide an orientation framework for the growing business family.
| Author | : Jeffrey Sloan |
| Publisher | : Currency |
| Total Pages | : 306 |
| Release | : 2005 |
| Genre | : Business & Economics |
| ISBN | : 0385512481 |
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.
