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: 8230

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.
Release

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: 1385

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
Release

Succession Planning for the Family Owned Business

Author: Mike Fager,Dave McKinney

Publisher: Lulu.com

ISBN: 0615176135

Category: Business & Economics

Page: 224

View: 828

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.
Release

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: 9534

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
Release

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: 9948

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
Release

Organization Development and Change

Author: Thomas G. Cummings,Christopher G. Worley

Publisher: Cengage Learning

ISBN: 0324421389

Category: Business & Economics

Page: 792

View: 9559

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
Release

Handbook of Family Business and Family Business Consultation

A Global Perspective

Author: Florence Whiteman Kaslow

Publisher: Routledge

ISBN: 0789027763

Category: Business & Economics

Page: 464

View: 9509

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.
Release

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: 4370

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.
Release

Handbook of Research on Family Business

Author: Panikkos Poutziouris,Kosmas Smyrnios,Sabine Klein

Publisher: Edward Elgar Publishing

ISBN: 1847204392

Category: Business & Economics

Page: 656

View: 7510

. . . this Handbook is a good example . . . for those interested in giving a more articulated and solid flavour to their research. Andrea Colli, Business History 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 serves 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 The Handbook of Research on Family Business provides a comprehensive first port of call for those wishing to survey progress in the theory and practice of family business research. In response to the extensive growth of family business as a topic of academic inquiry, the principal objective of the Handbook is to provide an authoritative and scholarly overview of current thinking in this multidisciplinary field. The contributors examine recent advances in the study of family business, which has undertaken significant strides in terms of theory building, empirical rigour, development of sophisticated survey instruments, systematic measurement of family business activity, use of alternative research methodologies and deployment of robust tools of analysis. A wide selection of empirical studies addressing the current family business research agenda are presented, and issues and topics explored include: validation of the protagonist role that family firms play in social-economic spheres; operational and definitional issues surrounding what constitutes a family business; historical development of the field of family business; methodologies encompassing micro and macro perspectives; challenges to the orthodox microeconomic view of homo-economicus firms by highlighting the virtues of family influence and social capital. Comprising contributions from leading researchers credited with shaping the family business agenda, this Handbook will prove an invaluable reference tool for students, researchers, academics and practitioners involved with the family business arena.
Release

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: 325

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.
Release

How Family Firms Differ

Structure, Strategy, Governance and Performance

Author: S. Bhaumik,R. Dimova

Publisher: Springer

ISBN: 1137473584

Category: Business & Economics

Page: 124

View: 9978

Family firms account for a large proportion of firms in most countries. In industrialised countries of North America and Western Europe, they generally account for a large share of small and medium sized enterprises. In emerging market economies such as India, they also account for the majority of the large firms. Their importance for factors such as employment creation notwithstanding, relative to the widely held Anglo-Saxon firms, which are ubiquitous in the economics, finance and management literatures, family firms have historically received much less attention from scholars of these disciplines. However, in part owing to increased focus on emerging markets, there is a growing literature on family firms. In How Family Firms Differ, the authors explore important aspects of family firms, drawing on the existing literature and their own research on these firms.
Release

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: 8278

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.
Release

Due Diligence and Corporate Governance

Author: Linda S. Spedding

Publisher: Elsevier

ISBN: 9780754526223

Category: Business & Economics

Page: 501

View: 5444

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.
Release

Family Business Ownership

How to Be an Effective Shareholder

Author: C. Aronoff,J. Ward

Publisher: Springer

ISBN: 0230116027

Category: Business & Economics

Page: 96

View: 4215

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.
Release

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: 2826

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
Release

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: 1011

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.
Release

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: 8718

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.
Release

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: 799

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.
Release

The Family Therapy Treatment Planner, with DSM-5 Updates, 2nd Edition

Author: Frank M. Dattilio,Arthur E. Jongsma, Jr.,Sean D. Davis

Publisher: John Wiley & Sons

ISBN: 1119064074

Category: Psychology

Page: 368

View: 4975

This timesaving resource features: Treatment plan components for 40 behaviorally based presentingproblems Over 1,000 prewritten treatment goals, objectives, andinterventions—plus space to record your own treatment planoptions A step-by-step guide to writing treatment plans that meet therequirements of most accrediting bodies, insurance companies, andthird-party payors Includes new Evidence-Based Practice Interventions asrequired by many public funding sources and private insurers PracticePlanners® THE BESTSELLINGTREATMENT PLANNING SYSTEM FOR MENTAL HEALTH PROFESSIONALS The Family Therapy Treatment Planner, Second Editionprovides all the elements necessary to quickly and easily developformal treatment plans that satisfy the demands of HMOs, managedcare companies, third-party payors, and state and federalagencies. New edition features empirically supported, evidence-basedtreatment interventions Organized around 40 main presenting problems includingchild/parent conflicts, depression, abuse, death and loss issues,blended family problems, and loss of family cohesion Over 1,000 prewritten treatment goals, objectives, andinterventions—plus space to record your own treatment planoptions Easy-to-use reference format helps locate treatment plancomponents by behavioral problem Designed to correspond with The Family Therapy ProgressNotes Planner, Second Edition and the Brief Family TherapyHomework Planner, Second Edition Includes a sample treatment plan that conforms to therequirements of most third-party payors and accrediting agenciesincluding CARF, The Joint Commission (TJC), COA, and the NCQA Additional resources in thePracticePlanners® series: Progress Notes Planners contain complete, prewrittenprogress notes for each presenting problem in the companionTreatment Planners. Homework Planners feature behaviorally based, ready-to-useassignments to speed treatment and keep clients engaged betweensessions. For more information on ourPracticePlanners®, including our full lineof Treatment Planners, visit us on the Web at:www.wiley.com/practiceplanners
Release

Preparing Your Family Business for Strategic Change

Author: C. Aronoff,J. Ward

Publisher: Springer

ISBN: 0230116191

Category: Business & Economics

Page: 84

View: 5252

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.
Release