The Cycles Of Business And Family PDF Download

Generation to Generation presents one of the first comprehensive overviews of family business as a specific organizational form. Focusing on the inevitable maturing of families & their firms over time, the authors reveal the dynamics & challenges family businesses face as they move through their life cycles. The book asks questions, such as: What is the difference between an entrepreneurial start-up & a family business, & how does one become the other? How does the meaning of the business to the family change as adults & children age? How do families move through generational changes in leadership, from anticipation to transfer, & then separation & retirement? This book is divided into three sections that present a multidimensional model of a family business. The authors use the model to explore the various stages in the family business life span & extract generalizable lessons about how family businesses should be organized. "Generation to Generation is not only a Rand McNally for family businesses, it is a Fodor's as well. Participants in family businesses, no matter what their ages, will find this book an invaluable road map & guide."--Frank Perdue "A seminal book about a topic usually neglected if not ignored--the family owned business--which is what makes Generation to Generation so important & vital. Bringing their rich experiences to bear, along with a powerful analytic heft, the authors have written what will be, in a very short time, a classic."