Strategic Planning for The Family Business

Parallel Planning to Unify the Family and Business

Author: R. Carlock,J. Ward

Publisher: Springer

ISBN: 0230508758

Category: Business & Economics

Page: 270

View: 6625

Family business planning has traditionally centered on two issues - estate planning and succession. These goals are far too limited for today's family firm. Business families want to turn the business into not only a tool for profit, but for self-expression, innovation and legacy. The authors introduce the new concept of the Parallel Planning Process, explaining how to integrate the needs and expectations of the family and business systems in order to create an organic and entrepreneurial unit. Planning and decision making templates are included as well as studies of well-known family businesses.

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: 5505

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.

Succession Planning for the Family Owned Business

Author: Mike Fager,Dave McKinney


ISBN: 0615176135

Category: Business & Economics

Page: 224

View: 8519

Succession Planning for the Family Owned Business represents a comprehensive strategy for ensuring that your family business is passed successfully to the next generation. Within these pages, you will find everything you need to plan for the future of your small business as well as your family.

Financing Transitions

Managing Capital and Liquidity in the Family Business

Author: François M. de Visscher,Craig Aronoff,John L. Ward

Publisher: Springer

ISBN: 1137513837

Category: Business & Economics

Page: 116

View: 9792

This book establishes the principles and patterns necessary to laying the foundation for capital and liquidity planning. Through an in-depth examination of financial situations, it leads family businesses to making wise, well-timed choices about the future of the business and the family.

When Family Businesses are Best

The Parallel Planning Process for Family Harmony and Business Success

Author: Randel S. Carlock,John L. Ward

Publisher: Palgrave Macmillan

ISBN: 0230222625

Category: Business & Economics

Page: 246

View: 2614

This book shows family businesses working together at their best and explores how effective planning and communication help business families grow and become sucessful enterprises

Preparing Your Family Business for Strategic Change

Author: Craig E. Aronoff,John L. Ward

Publisher: Palgrave Macmillan

ISBN: 113751034X

Category: Business & Economics

Page: 100

View: 5725

Strategies for family firms, unlike those of other businesses, can and should incorporate family factors. Responsible and disciplined strategic integration of family and business goals, strengths and values produces powerful results.

The Complete Idiot's Guide to a Successful Family Business

Author: Janis Raye,Neil Raphel

Publisher: Penguin

ISBN: 1101105259

Category: Business & Economics

Page: 352

View: 4365

It's all in the family Family businesses are the backbone of any economy, but they can present a host of challenges that can affect their chances of success. The Complete Idiot's Guide® to a Successful Family Business is the most current and comprehensive book that tells the proprietors of family concerns how to deal with such unique issues, including expansion beyond the original family business, and family versus hired management. *80 percent of all businesses in America are family-run *Written by a nationally known author team *Instructive anecdotes about successful businesses provide practical, hands on Advice

Organization Development and Change

Author: Thomas G. Cummings,Christopher G. Worley

Publisher: Cengage Learning

ISBN: 0324421389

Category: Business & Economics

Page: 792

View: 4154

Market-leading ORGANIZATION DEVELOPMENT AND CHANGE, 9th Edition blends theory, concepts and applications in a comprehensive and clear presentation. The authors work from a strong theoretical foothold and apply behavioral science knowledge to the developme

Handbook of Family Business and Family Business Consultation

A Global Perspective

Author: Florence Whiteman Kaslow

Publisher: Routledge

ISBN: 1136781412

Category: Business & Economics

Page: 494

View: 1934

A close-up examination of several important consultation models and of the structure, dynamics, and operation of family businesses in Brazil, Canada, Chile, Ireland, South Korea, Lebanon, Mexico, Saudi Arabia, Scotland, Trinidad & Tobago, Turkey, the United Kingdom and the United States This book is designed to fill an important gap in the family business literature. Florence W. Kaslow, Ph. D., Editor, an internationally respected authority in both family psychology and family business consultation, presents a disciplined look at how family businesses are structured, the ebb and flow of their dynamics, and the ways they operate in thirteen diverse countries spanning four continents. Top family business consultants working in those countries share their methods of helping clients increase earnings and fulfill the missions of their companies. The contributors examine essential aspects of the world of family business today, including family offices, globalization, and the management of a family’s wealth. Tables and figures, plus a helpful glossary, make complex and unfamiliar information easy to understand. As the world’s economies interface and intertwine with the evolution of international markets and globalization, the Handbook of Family Business and Family Business Consultation provides the essential broad knowledge that family business consultants need in today’s business climate. It provides a capsule history of the premiere organization dedicated to helping family businesses, the Family Firm Institute (FFI), and then examines issues essential to anyone involved in, or consulting to, family businesses, including: the importance of family businesses to the economic well-being of countries worldwide family offices—what they are and why they’re important the significance of differentiating between the family business and the business of being a family for everyone involved in these overlapping relationships the multiple and diverse roles that family business consultants play in different kinds of businesses and in different countries the roles of non-family employees in family businesses gender issues that affect family businesses sibling rivalry and other issues of family conflict the trend toward globalization in various family businesses—and the implications of this trend in terms of family wealth dispersion, international understanding, competitiveness, and other emerging phenomena With expert commentary from family business consultants in such a wide variety of countries, the Handbook of Family Business and Family Business Consultation is an essential read for family business consultants, family business owners, and Family Business Forum staff and member families, as well as professors and students in MBA programs and family business courses.

Working for a Family Business

A Non-Family Employee's Guide to Success

Author: Christopher J. Eckrich,Stephen L. McClure

Publisher: Palgrave Macmillan

ISBN: 113751387X

Category: Business & Economics

Page: 128

View: 9346

Eckrich and McClure provide a greater understanding of what a family business really is and how they differ from other companies and work environments. Working for a Family Business is designed to provide insight into the family and its behavior and to integrate the non-family employee into its unique structure. With tips on how to best serve the family business in order to secure not only your own success but the success of the family as well, this book will make you an indispensable family business partner.

Handbook of Research on Family Business

Author: Panikkos Poutziouris,Kosmas Smyrnios,Sanjay Goel

Publisher: Edward Elgar Publishing

ISBN: 1781009384

Category: Business & Economics

Page: 800

View: 7913

'This is a very business-like book in its approach. It has an impressive global reach in its authorship, focal areas and use of evidence; it hits all the major practical challenges of family firms in a spirit that is fresh and current; and it deals with the cutting-edge themes and issues that are uppermost in the minds of owners, executives, advisors and researchers in the field.' – Nigel Nicholson, London Business School, author, Managing the Human Animal, Family Wars and The 'I' of Leadership Acclaim for the first edition: 'The authors have taken a lot of pain in putting this handbook together. As the name indicates, this is an excellent handbook for researchers.' – Global Business Review 'The Handbook of Research on Family Business has collected and synthesized a broad variety of topics by notable researchers who share a common dedication to family business research. This Handbook provides a comprehensive treatment that advances the frontiers of knowledge in family business, provoking valuable thoughts and discussion. The Handbook will serve as both an authoritative and comprehensive reference work for researchers investigating family enterprises.' – A. Bakr Ibrahim, Concordia University, Montreal, Canada 'Although family business research is a young discipline it is both necessary and important. For the wellbeing and future development of our society the survival of prosperous and passionate family business entrepreneurs is indispensable. In order to help the families in business to better understand how to succeed with their enterprises we need qualified and updated research. This book is the answer!' – Hans-Jacob Bonnier, Bonnier Business Press Group, Sweden and 6th Generation Chairman of the Family Business Network – International 'This Handbook is a unique compilation of the most important and the best recent family business research. The field has grown so rapidly that this effort will be a mark for the research to follow. The Handbook of Research on Family Business will be the reference for scholars in family business for many years to come. It will also stimulate new ideas in research.' – John L. Ward, IMD, Switzerland and Northwestern University, US During the previous decade, the multi-disciplinary field of family business has advanced significantly in terms of advances in theory, development of sophisticated empirical instruments, systematic measurement of family business activity, use of alternative research methodologies and deployment of robust tools of analysis. This second edition of the Handbook of Research on Family Business presents important research and conceptual developments across a broad range of topics. The contributors – notable researchers in the field – explore the frontiers of knowledge in family business entrepreneurship and stimulate critical thinking, enriching the repository of theoretical frameworks and methodologies. The Handbook takes a systematic and rigorous approach by providing in-depth insights into the dynamics of family business, its context and the significant role of stakeholders. Ultimately, this scholarly compendium of extant family business papers is an invaluable resource for researchers, educators, family business consultants, family business owner-managers and students.

Grosse deutsche Familienunternehmen

Generationenfolge, Familienstrategie und Unternehmensentwicklung

Author: Markus Plate,Torsten Groth,Volker Ackermann,Arist von Schlippe

Publisher: Vandenhoeck & Ruprecht

ISBN: 3525403380

Category: History

Page: 572

View: 6191

German description: Familienunternehmen bilden einen essenziellen Bestandteil der deutschen und internationalen Wirtschaft. Sie sind okonomisch erfolgreich und befinden sich teilweise schon seit langer Zeit in den Handen einer Unternehmerfamilie. Diese unternehmerische Langlebigkeit ist ebenso beachtlich wie die familiare Kontinuitat, denn der Weg dahin ist mit Stolpersteinen ubersat. Das Buch nahert sich der Frage, wie es die grossen und langlebigen Familienunternehmen geschafft haben, uber mindestens 100 Jahre okonomisch erfolgreich zu wirtschaften und gleichzeitig als Unternehmerfamilie fur Nachfolge und Kontinuitat zu sorgen. Hierzu wird in einem einleitenden Kapitel beschrieben, welche besonderen Herausforderungen sich durch die Verbindung von Familie und Unternehmen fur beide Seiten ergeben. Daran anschliessend wird die unternehmerische Entwicklung von grossen deutschen Familienunternehmen in 50 Portrats nachgezeichnet, das folgende Kapitel beleuchtet die jeweiligen unternehmensstrategischen Elemente. Gleichzeitig werden in den Portrats die beteiligten Unternehmerfamilien hinsichtlich Family Governance und Familienstrategie betrachtet. Das abschliessende Kapitel widmet sich ausfuhrlich der Wichtigkeit einer Familienstrategie und gibt eine praktische Orientierung, mit der sich Unternehmerfamilien diesem Thema nahern konnen.

Scaling Up

Skalieren auch Sie! Weshalb es einige Unternehmen packen… und warum andere stranden

Author: Verne Harnish

Publisher: Masterhouse GmbH

ISBN: 3981801709

Category: Business & Economics

Page: 336

View: 5604

Es ist über ein Jahrzehnt her, dass Verne Harnish Bestseller Mastering the Rockefeller Habits in der ersten Auflage erschien. Scaling Up ist die erste große Neubearbeitung dieses Business-Klassikers, in dem praktische Tools und Techniken für das Wachstum zum branchenführenden Unternehmen vorgestellt werden. Dieses Buch wurde geschrieben, damit jeder – vom einfachen bis zum leitenden Angestellten – gleichermaßen zum Wachstum seines Business beträgt. Scaling Up konzentriert sich auf die vier Haupt-Entscheidungsbereiche, die jedes Unternehmen angehen muss: People, Strategy, Execution und Cash. Das Buch beinhaltet eine Reihe von neuen ganzseitigen Arbeits-Tools, darunter der aktualisierte One-Page Strategic Plan und die Rockefeller Habits Checklist™, die bereits von mehr als 40.000 Firmen in aller Welt für ein erfolgreiches Scaling Up verwendet wurden. Viele von ihnen schafften ein Wachstum auf $10 Millionen, $100 Millionen oder gar $1 Milliarde und mehr – und konnten den Aufstieg sogar genießen! Verne Harnish hat bereits in viele Scaleups investiert.

Due Diligence and Corporate Governance

Author: Linda S. Spedding

Publisher: Elsevier

ISBN: 9780754526223

Category: Business & Economics

Page: 501

View: 7025

This practical title covers broadly the subject of due diligence - used to provide a framework for helping businesses avoid reputational, environmental and social hazards. Straightforward and clearly written, Due Diligence and Corporate Governance is a unique title which covers all aspects of new due diligence in one book. Taking a risk-based approach, this essential reference book for company secretaries, directors and managers, includes checklists to monitor risk management, explains best practice illustrated with practical examples and diagrams, and explains in a user-friendly way exactly how to get it right. LexisNexis UK and CIMA Publishing are offering CIMA members a discount on this product. Please go to www. lexisnexis. co. uk/cimapublishing to see if you qualify and to order.

Family Legacy and Leadership

Preserving True Family Wealth in Challenging Times

Author: Mark Daniell,Sara Hamilton

Publisher: John Wiley and Sons

ISBN: 9780470827086

Category: Business & Economics

Page: 352

View: 8728

Hamilton and Daniell have creatively taught us how to weave together the threads of lineage that create family legacy. They have also clarified the vision of what family leaders look like who are the master weavers of such threads. This all leads toward teaching us how to create and guide our families, and those we serve, to seven and more generations of successful, generative and flourishing lives as individuals and as family. We owe their work a deep debt of gratitude and a bow of appreciation. James (Jay) E. Hughes, Jr. Author, Family: The Compact Among Generations Mark Daniell and Sara Hamilton have written a book that will become a real reference for families wishing to establish a long-term strategy for building an enduring legacy for generations. It contains a wealth of ideas, strategy prescriptions, case histories, and anecdotes that will give the family leader and members of the “tribe” a true guide to building a system that will endure the test of time. I recommend it to families in Asia and beyond. Dr. Victor K. Fung Chairman, Li & Fung Group This is a superb book––unique and full of examples––on the vision of legacy and the role of family leadership. It is also a comprehensive guide to risk management with a special spirit for wise risk-taking. Daniell and Hamilton draw on the unique experience of the Family Office Exchange and its many hundreds of members and scores of studies to define the role of family leadership more fully and inspiringly than ever. This book makes the challenges vivid and the path clear for successful families to preserve both their wealth and their purpose. John L. Ward Principal, The Family Business Consulting Group Family Legacy and Leadership is an innovative, useful blend of theory and practice; and of the hard and soft issues that families face. It offers ideas, insights, and tools that will help families of all types find their path through change. Melissa A. Berman President & CEO, Rockefeller Philanthropy Advisors

The Family Constitution

Agreements to Secure and Perpetuate Your Family and Your Business

Author: John L. Ward

Publisher: Palgrave Macmillan

ISBN: 1137512792

Category: Business & Economics

Page: 116

View: 8011

The family agreement is becoming a prime objective to a successful family business. Designed for families planning to draft such an agreement, families deciding whether or not to begin the process, and those that have already established a family agreement, this book illustrates the fundamental components and their importance to the success of the family business. A family agreement or constitution is the expression of purpose for the continuity of the business and the process of creating one is just as important.

Family Business Ownership

How to Be an Effective Shareholder

Author: C. Aronoff,J. Ward

Publisher: Springer

ISBN: 0230116027

Category: Business & Economics

Page: 96

View: 4480

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.

Healthy Growth for the Family Business

Author: J. Pendergast

Publisher: Springer

ISBN: 1137512601

Category: Business & Economics

Page: 93

View: 500

Healthy growth is critical to the future of any business - too many rash decisions can lead to the demise of a family business. Author Jennifer Pendergast provides readers with practical knowledge to help determine whether to grow, what type of growth is healthy and sustainable and what the future potential is for any business.

Family Business Governance

erfolgreiche Führung von Familienunternehmen

Author: Alexander Koeberle-Schmid,Hans-Jürgen Fahrion,Peter Witt

Publisher: International Progress Organization

ISBN: 9783503136377


Page: 544

View: 5416

Familienunternehmen sind eine tragende Säule der deutschen Wirtschaft. Ihr Erfolg steht und fällt mit einer Führung, die die Besonderheiten von Familie und Unternehmen berücksichtigt, die Vertrauen in das Management schafft und die Einigkeit der Inhaber fördert. Dieser erfolgreiche Best Practice-Ratgeber von Alexander Koeberle-Schmid, Hans-Jürgen Fahrion und Peter Witt stellt vor, wie sich Führung und Kontrolle in Familienunternehmen - der jeweiligen Situation entsprechend - optimal gestalten lassen und wie gleichzeitig der Zusammenhalt der Familie gesichert werden kann. Im Zentrum stehen u. a.: - Geschäftsführung und Aufsichtsgremien - Risikomanagement und Haftung - Family Education und Konfliktmanagement Interviews mit erfolgreichen Unternehmern wie Franz Haniel, Jürgen Heraeus, Bernhard Simon, Bettina Würth, Reinhard Zinkann und vielen anderen geben einzigartige Einblicke in die Praxis!

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: 5596

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.