Ownership in a Family Business as a Profession
| Author | : Hermut Kormann |
| Publisher | : Springer Nature |
| Total Pages | : 167 |
| Release | : |
| Genre | : |
| ISBN | : 3658452552 |
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Harvard Business Review Family Business Handbook
| Author | : Josh Baron |
| Publisher | : Harvard Business Press |
| Total Pages | : 231 |
| Release | : 2021-01-26 |
| Genre | : Business & Economics |
| ISBN | : 1633699064 |
Download Harvard Business Review Family Business Handbook Book in PDF, ePub and Kindle
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.
Family Business Ownership
| Author | : C. Aronoff |
| Publisher | : Springer |
| Total Pages | : 97 |
| Release | : 2016-05-24 |
| Genre | : Business & Economics |
| ISBN | : 0230116027 |
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Ownership in a family business can be a rewarding and important role. It means stewardship, protection and nurturing the family business. As a guide for shareholders, this book will develop understanding and insight into the role of becoming more valuable as an owner, not just financially, but intellectually and emotionally as well.
Ownership in a Family Business as a Profession
| Author | : Hermut Kormann |
| Publisher | : Springer |
| Total Pages | : 0 |
| Release | : 2024-11-15 |
| Genre | : Business & Economics |
| ISBN | : 9783658452544 |
Download Ownership in a Family Business as a Profession Book in PDF, ePub and Kindle
This book is aimed at owners, especially non-operating shareholders of family businesses. They work behind the scenes and carry significant responsibility for the success of the company. What characterizes good ownership? What competencies are essential for fulfilling their duties? How can succeeding shareholders also find guidance in the complex field of family businesses? Knowledgeable and practical, the authors outline all relevant areas of action. The book provides encouragement and support for developing a professional ownership structure and task distribution tailored to the individual situation and constellation of one's own family business.
Family Business Compensation
| Author | : C. Aronoff |
| Publisher | : Springer |
| Total Pages | : 130 |
| Release | : 2016-05-24 |
| Genre | : Business & Economics |
| ISBN | : 0230116000 |
Download Family Business Compensation Book in PDF, ePub and Kindle
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?
Generation to Generation
| Author | : Kelin E. Gersick |
| Publisher | : Harvard Business Press |
| Total Pages | : 316 |
| Release | : 1997 |
| Genre | : Business & Economics |
| ISBN | : 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.
Engaged Ownership
| Author | : Amelia Renkert-Thomas |
| Publisher | : John Wiley & Sons |
| Total Pages | : 230 |
| Release | : 2015-12-14 |
| Genre | : Business & Economics |
| ISBN | : 111917113X |
Download Engaged Ownership Book in PDF, ePub and Kindle
Successful ownership transition requires effective decision making at the top Engaged Ownership is the definitive owner's guide to the family enterprise. Whether you're taking over a family business, family office, or trust, this book shows you how to work effectively with the management and board to keep the enterprise moving in the right direction. The first guide of its kind written from the owner's perspective, this book is designed to help owners who are truly committed to growing all forms of capital be successful in their role. You'll learn the time-tested process that helps you 'unstick' decision-making, become engaged and effective, and manage the transfer from owner control to shared ownership while minimizing risk. Improve communication and relationships with the board, and ensure that every stakeholder understands your strategies and vision for the future. You'll allay the fears that frequently accompany ownership transfers, and inspire a sense of teamwork that leads to sustainable success generation after generation. As the Baby Boomers retire, business founders and entrepreneurs worldwide are transferring ownership of privately held enterprises to their children in record numbers. It can be a complex and difficult-to-navigate time for everyone involved. This book helps you smooth the way to a successful transition, and transcend the owner's traditionally passive role. Learn to work effectively with management and the board Get everyone on the same page in terms of vision and direction Build relationships that lead to forward-thinking decision making Succeed in the ownership role by bringing your expertise to the fore Ownership transfer often triggers a radical change in family enterprise, and if poorly managed, can turn a business in the wrong direction. Engaged Ownership shows you how to build a dynamic and effective partnership with trustees, board, and management, and become a successful steward of the family's financial, human, social, and operational capital.
Understanding the Family Business
| Author | : Keanon Alderson |
| Publisher | : Business Expert Press |
| Total Pages | : 185 |
| Release | : 2011 |
| Genre | : Family-owned business enterprises |
| ISBN | : 1606491695 |
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The purpose of this book is to provide readers with an introductory overview of family business, the most prevalent form of business in the world. The differences between family and nonfamily businesses are emphasized in this book. There are several key audiences: As a supplemental text for university undergraduate or graduate level courses such as small business management, introduction to business, entrepreneurship, or family studies. Members of family businesses will benefit from the book as an introduction to the unique nature of family businesses. Professional advisors to family firms such as accountants, attorneys, bankers, insurance providers, and financial services professionals may develop a better understanding of their clients. Suppliers to family businesses will gain insight to this important business customer. Much of the literature on family business is from the United States; an attempt has been made to present relevant international information, as well. Chapter one defines a family business and provides an overview of family business. Chapter two explores the many differences between a family owned business and a nonfamily owned business. Chapter three explores the major family business theories. Chapter four discusses how family firms make business decisions. Chapter five explores the significant issues prevalent in a family firm. Chapter six explores the most problematic issue in family firms: succession or the transfer of ownership to the next generation. Chapter seven explores the many differences among the generations of a family firm. Chapter eight presents information on family business strategic planning. Chapter nine focuses on effective family business governance and use of advisors and boards. Chapter ten explores key success tips for long lasting family firms. Chapter eleven discusses trends in family business. Chapter twelve contains key points for family business professionals and suppliers who target or service family firms. Chapter thirteen presents areas for future research to advance the study of family business.
Psychological Ownership in Family Businesses
| Author | : Fabian Bernhard |
| Publisher | : BoD – Books on Demand |
| Total Pages | : 190 |
| Release | : 2011 |
| Genre | : Business & Economics |
| ISBN | : 3844100490 |
Download Psychological Ownership in Family Businesses Book in PDF, ePub and Kindle
This book includes three essays covering the ownership perceptions individuals experience in family businesses. It advances current knowledge on the organizational factors anteceding individuals' psychological ownership as well as the attitudinal and behavioral consequences. Investigating overly strong psychological ownership, the first essay provides insights into the phenomenon of aging family business owner-managers who face difficulties in 'letting go', i. e. passing on leadership to their successor(s). The second essay offers a study of family business owner-managers' leadership styles and their influence on nonfamily employees' psychological ownership of the family business as well as individuals' motivation and performance. Given the special situation of nonfamily members working in family businesses, the third essay examines the effects of employees' and nonfamily managers' justice perceptions on both the ownership experience and commitment to the family business. The works presented in this book built a basis for several publications, such as articles in the Journal of Family Business Strategy and Group & Organization Management. Furthermore, they have been presented at various international conferences, have been nominated for a "most creative paper" award, and have contributed to the Academy of Management Best Paper Proceedings. The findings not only constitute valuable additions to current research in management and organizational psychology, but can also provide benefit for those interested in family businesses. Managers, owners, and consultants working in or for family businesses would likely gain from the practical implications.
Understanding the Family Business
| Author | : Keanon J. Alderson |
| Publisher | : Business Expert Press |
| Total Pages | : 193 |
| Release | : 2018-05-08 |
| Genre | : Business & Economics |
| ISBN | : 1631575740 |
Download Understanding the Family Business Book in PDF, ePub and Kindle
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.
