Keeping the Family Business Healthy

How to Plan for Continuing Growth, Profitability, and Family Leadership

Author: John L. Ward

Publisher: Macmillan

ISBN: 0230116124

Category: Business & Economics

Page: 308

View: 8135

Based on research and interviews with leaders at family firms this book will help you evaluate what stage of growth you are in; how to begin your strategic and corporate plans; when to begin implementing growth plans and how to prepare the family for change. Good planning is more than just thinking ahead—businesses need a strategic approach to ensuring their success. Keeping the Family Business Healthy provides readers with a guide to strategic thinking—including · how to maintain growth · how to shape business direction · preparing for new leadership; · and working with a large and diverse family base. Includes tools that help you implement growth: · Sample business models and family plans · Sample business analysis · A questionnaire on business values
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Keeping the Family Business Healthy

How to Plan for Continuing Growth, Profitability, and Family Leadership

Author: J. Ward

Publisher: Springer

ISBN: 0230116124

Category: Business & Economics

Page: 286

View: 3434

Good planning is more than just thinking ahead; businesses need a strategic approach to ensuring their success. Keeping the Family Business Healthy provides readers with a guide to strategic thinking, including how to maintain growth, how to shape business direction, preparing for new leadership, and working with a large and diverse family base.
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Financing Transitions

Managing Capital and Liquidity in the Family Business

Author: François M. de Visscher,Drew S. Mendoza,John L. Ward

Publisher: Macmillan

ISBN: 0230116078

Category: Business & Economics

Page: 128

View: 5147

If a family-owned company is to endure and provide the maximum potential opportunity for future generations, it must plan for provision of both adequate shareholder liquidity and sufficient business capital. Many believe their options are limited: restrict money available to the family; sell the business; or go public. Rather than allowing financial pressures to destroy the family business, careful planning and sophisticated use of the growing collection of financial techniques can help the family retain business control and make wise choices among many available alternatives. Financing Transitions is a guide to * anticipating and managing capital and liquidity needs * understanding how the "Family Effect" can be a family business' greatest asset--or its greatest threat * recognizing how predictable family business transitions can erupt into family crises * keeping patient capital from becoming impatient; * controlling the family business's cost of capital; and much more... Financing Transitions: gives business owners the financial insight and understanding needed to provide future generations with the fullest possible opportunity to enjoy the unique benefits of business ownership.
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Family Business Governance

Maximizing Family and Business Potential

Author: John L. Ward,Craig E. Aronoff

Publisher: Macmillan

ISBN: 0230116019

Category: Business & Economics

Page: 104

View: 5598

While every family business is unique, embracing systematic governance processes can help any family business achieve goals shared by virtually all: orderly decision-making, peaceful continuity, and the freedom to make decisions based on the highest and best purposes of both the business and the family.
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Family Education For Business-Owning Families

Strengthening Bonds by Learning Together

Author: Amy M. Schuman,John L. Ward

Publisher: Macmillan

ISBN: 0230116051

Category: Business & Economics

Page: 100

View: 483

One of the key factors in maintaining the legacy of your family business is a good program of family education. Inevitably, wise business-owning families see the necessity of launching some form of education for family members. It establishes an interest and a connection with the business among members of the younger generations. When done well, a program of family education offers many benefits including: * helping future owners prepare for their roles and responsibilities in the business and in the family * providing a way to express interest in each individual * providing a way to earn loyalty from family members; * strengthening bonds among family members. In Family Education the authors aim to inspire you and your family to initiate a family education program that is suited to the needs of your family.
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Keeping it in the Family

International Perspectives on Succession and Retirement on Family Farms

Author: Dr Matt Lobley,Mr John Baker,Professor Ian Whitehead

Publisher: Ashgate Publishing, Ltd.

ISBN: 1409490548

Category: Technology & Engineering

Page: 270

View: 2439

As the largest group of natural resource managers on the planet, farmers are at the interface of the changing relationship between humans and the environment. Typically organised around what might be considered the most basic of social units, for generations the family farm has survived wide-ranging exogenous challenges, frequently preserving the line of succession to the next of kin. Now as we face major questions about how we use land and the impact of our land use on the global environment, farming once again faces a challenging and uncertain future. This book draws on the experiences of farmers in Australia, New Zealand, North America, Japan and the EU to examine the special features of family farms and, in particular, the tradition of succession which has enabled them to continue to have such a strong presence in the world today.
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Understanding The Family Business

Author: Keanon J. Alderson

Publisher: Business Expert Press

ISBN: 1606491709

Category: Business & Economics

Page: 148

View: 4184

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.
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The Modern Family Business

Relationships, Succession and Transition

Author: L. Collins,L. Grisoni,J. Tucker,C. Seaman,S. Graham,R. Fakoussa,D. Otten

Publisher: Springer

ISBN: 113700133X

Category: Business & Economics

Page: 248

View: 7464

Provides real world studies of the family in business, by observing typical firms rather than dynasties. It looks at how the nature of family business is changing in our times and provides insight into the lessons we can learn from this. The book focuses on the impact for the professional non-family manager.
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Strategies for Longevity in Family Firms

A European Perspective

Author: G. Corbetta,Carlo Salvato

Publisher: Springer

ISBN: 1137024585

Category: Business & Economics

Page: 208

View: 6101

The strategic concepts and tools illustrated in this book provide a framework for devising and implementing strategies favouring longevity of family-controlled business entities. The authors illustrate their arguments with examples drawn from their direct knowledge of representative Italian and European family firms.
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When Family Businesses are Best

The Parallel Planning Process for Family Harmony and Business Success

Author: R. Carlock,J. Ward

Publisher: Springer

ISBN: 0230294510

Category: Business & Economics

Page: 272

View: 1860

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.
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Siblings and the Family Business

Making It Work for Business, the Family, and the Future

Author: Stephanie Brun de Pontet,Craig E. Aronoff,Drew S. Mendoza,John L. Ward

Publisher: Macmillan

ISBN: 1137274808

Category: Business & Economics

Page: 112

View: 3534

The family business becomes much more complex as it goes from the founder/entrepreneur to next generations. As more family members work together several challenges become apparent and can threaten the business if not addressed. This book, written by experts in the field of family business, shows the family members how to confront the problems and how to create solutions. Including: -Acknowledging that change needs to happen class -Building a formal structure around the business… including decision making processes -Strengthening both personal and professional relationships -Determining who has a role in the family business (spouses, children) -Creating a process to address conflict And more. The authors have over 50 year work experience in family business - from their business research at top universities, to their global consulting practice.
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Healthy Growth for the Family Business

Author: Jennifer M. Pendergast

Publisher: Macmillan

ISBN: 0230116094

Category: Business & Economics

Page: 104

View: 6883

Family businesses find many different paths to success. Some, like Wal-Mart become among the world s largest businesses. Others, happily serve a limited market. Whether a business remains small or grows large, every family business at some time or other is faced with issues that center around growth. If you are a member of a business owning family, you may ask such questions as: Do we want this business to grow? Why should we grow it? Is it capable of growing? What sacrifices will growth require? What sacrifices will we make if we don t grow? Healthy Growth for the Family Business will help you answer those questions. When leaders of family firms think about growth, they take into consideration not just the business but also how the business growth will affect the family. You will learn that growth can mean different things to different people, and not just in terms of increases in sales and profits. The way some family business owners look at growth will offer inspiration and spur creativity as you seek answers for your own company. Family shareholders and board members will learn a great deal from this book. When they have a better understanding of the issues involved in growth, these family members can support you in moving the family business in the direction it needs to go. Healthy Growth for the Family Business will provide you with practical knowledge. It will help you decide whether to grow and, if so, what type and amount of growth you want. You will learn to avoid the dangers of overestimating your company s ability to grow or under anticipating the company s need for growth.
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The Fifth Discipline Fieldbook

Strategies and Tools for Building a Learning Organization

Author: Peter M. Senge,Art Kleiner,Charlotte Roberts,Bryan J. Smith

Publisher: Broadway Business

ISBN: 9780385472562

Category: Business & Economics

Page: 593

View: 3647

A guide to establishing learning organizations within existing companies provides exercises for individuals and teams, suggested approaches, and success stories
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Entrepreneurial Family Firms

Author: Frank Hoy,Pramodita Sharma

Publisher: Pearson College Division

ISBN: 9780131577114

Category: Business & Economics

Page: 267

View: 6683

NOTE: This title is currently available through our Pearson Custom Library. To access, instructors must visit www.pearsoncustomlibrary.com and search by ISBN or author name.
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International Entrepreneurship in Family Businesses

Author: Jose C. Casillas,Francisco J. Acedo,Ana M. Moreno

Publisher: Edward Elgar Publishing

ISBN: N.A

Category: Business & Economics

Page: 338

View: 8997

Many of the large multinational firms that dominate world markets were family firms, and many of them continue to be. This title shows that family firms have always been active agents in the global economy. It features practical examples and case studies of multinational family firms.
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Earning a Living Outside of Managed Mental Health Care

50 Ways to Expand Your Practice

Author: Steven Walfish

Publisher: Amer Psychological Assn

ISBN: N.A

Category: Psychology

Page: 243

View: 4351

This fascinating book is a cornucopia of useful stories from practitioners who took action to free their practices from the reins of managed care. By tapping into their natural interests, talents, and passions, these 50 entrepreneurial practitioners demonstrate ways you can reinvigorate your practice and achieve greater financial success at the same time. I loved this book!ùNancy E. bloater, PhD, President-Elect, American Psychological Association Division of independent Practice and Clinical Psychologist, independent practice Extraordinary! This book brings together an impressive list of nonûmanaged care opportunities that simply cannot be found elsewhere. Practitioners looking to build a more lucrative practice outside of insurance panels should definitely read this, especially early career psychologistsùwhat a:great resource for getting started in practice the right way!ùJosephine S. Minardo, PsyD, Chair, American Psychological Association Committee on Early Career Psychologists and Founder of Psych Internship Prep Successful practices outside of managed care result from developing personal passions, creating opportunities. . . and reading this book! Walfish connects the reader not only to real psychologists who have found a variety of niches but also to ready-touse strategies and practical references. You're sure to find several ideas to expand your practice.ùJana N. Martin, PhD, independent practice and Chief Operating Officer of the American Psychological insurance Trust Pchologists are increasingly dissatisfied with managed care companies, yet they lack sound guidance on developing a practice that is not insurance-based. This book illustrates 50 strategies for creating a practice that is not dependent on managed care or insurance. The contributors describe how they successfully, carved out a niche in areas as varied as family and divorce counseling, teaching and supervision, health care, product development, and organizational con-suiting. They also describe their practice arrangements, training experiences, and primary activities, as well as the pros and cons of the career path; effective business approaches; and useful professional resources, books, journals, websites, and societies. This book provides plenty of ideas for early career psychologists and graduate students interested in starting a private practice as well as for seasoned practitioners who want to develop alternative income sources to minimize dependence on insurance companies.
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Die 5 Dysfunktionen eines Teams

Author: Patrick M. Lencioni,Andreas Schieberle

Publisher: John Wiley & Sons

ISBN: 3527690352

Category: Business & Economics

Page: 186

View: 1987

Nach ihren ersten zwei Wochen als neuer CEO von DecisionTech fragte sich Kathryn Petersen angesichts der dortigen Probleme, ob es wirklich richtig gewesen war, den Job anzunehmen. Sie war eigentlich froh über die neue Aufgabe gewesen. Doch hatte sie nicht ahnen können, dass ihr Team so fürchterlich dysfunktional war und die Teammitglieder sie vor eine Herausforderung stellen würden, die sie niemals zuvor so erlebt hatte ... In "Die 5 Dyfunktionen eines Teams" begibt sich Patrick Lencioni in die faszinierende und komplexe Welt von Teams. In seiner Leadership-Fabel folgt der Leser der Geschichte von Kathryn Petersen, die sich mit der ultimativen Führungskrise konfrontiert sieht: die Einigung eines Teams, das sich in einer solchen Unordnung befindet, dass es den Erfolg und das Überleben des gesamten Unternehmens gefährdet. Im Verlauf der Geschichte enthüllt Lencioni die fünf entscheidenden Dysfunktionen, die oft dazu führen, dass Teams scheitern. Er stellt ein Modell und umsetzbare Schritte vor, die zu einem effektiven Team führen und die fünf Dysfunktionen beheben. Diese Dysfunktionen sind: - Fehlendes Vertrauen, - Scheu vor Konflikten, - Fehlendes Engagement, - Scheu vor Verantwortung, - Fehlende Ergebnis-Orientierung. Wie in seinen anderen Büchern hat Patrick Lencioni eine fesselnde Fabel geschrieben, die eine wichtige Botschaft für alle enthält, die danach streben, außergewöhnliche Teamleiter und Führungskräfte zu werden.
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