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Developing Next Generation Leaders For Transgenerational Entrepreneurial Family Enterprises
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Book Synopsis Developing Next Generation Leaders for Transgenerational Entrepreneurial Family Enterprises by : Pramodita Sharma
Download or read book Developing Next Generation Leaders for Transgenerational Entrepreneurial Family Enterprises written by Pramodita Sharma and published by Edward Elgar Publishing. This book was released on 2015-10-30 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: This illustrative book considers the interface of business structures, contexts, and leadership building blocks to explore the contingent nature of leadership development in transgenerational entrepreneurship. Longitudinal case studies of 27 family firms in nine different countries provide a rich, global selection of leadership development insights by examining the roles of values, professionalization, leadership style and other contingent factors. The diversity of cases and chapters provides a rich foundation for insight into the pathways currently in use to develop the next generation leaders, illuminating the strategies and pathways of successful transgenerational family enterprises. By examining the available literature and one or more case studies, each chapter draws pragmatic conclusions, with findings that suggest the importance of focusing on leadership as a shared capability, transmission of values to maintain an entrepreneurial culture, the fit between professionalization and values to increase transgenerational potential, the need to address the structure of the business and the focus on parenting to develop next generations. This path-breaking book will inform family business researchers as they explore the ways in use to develop the next generation. Each chapter starts with a mini-case study focused on a dilemma related to leader development, making this book an excellent resource for educators in undergraduate, graduate, or executive programs.
Book Synopsis Families in Business by : Kathleen Randerson
Download or read book Families in Business written by Kathleen Randerson and published by Taylor & Francis. This book was released on 2022-11-28 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a ‘contemporary’ understanding of families in business and serves as a springboard for ongoing evolution of families, their composition, transformations, and activities. The first chapter in this volume highlights the different approaches to family and concludes that identifying and understanding the entity ‘family in business’ is the cornerstone to understanding behaviours of family businesses. The concept of ‘family in business’ as a socially constructed entity allows for not only a broader scope of the concept to include individuals who share a faith (chapter 2), but also multi- generational families and chosen families. Narratives, or stories, are means for families in business to mark the boundary of the family in business (chapter 3), because not all members of the family are necessarily members of the family in business. Families and their businesses influence each other (chapter 4) and engender the family influence on the firm (‘familiness’) and firm influence of the family (‘enterpriseness’). The last two chapters are dedicated to transgenerational family businesses, with a focus on learning between generations—chapter 5 highlights the importance of unlearning (to learn new knowledge and different ways of conducting business) and the final chapter focuses on what knowledge is actually transferred relative to initial plans. The chapters in this book were originally published as a special issue of Entrepreneurship & Regional Development.
Book Synopsis The Family Business Group Phenomenon by : Marita Rautiainen
Download or read book The Family Business Group Phenomenon written by Marita Rautiainen and published by Springer. This book was released on 2018-10-30 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited collection analyses the unexplored concept of the family business group, evaluating the opportunities and advantages that it creates for entrepreneurs. Raising a number of important questions, the authors construct a new research agenda for the complex topic of the family business group, which will ultimately assess its contribution towards the economy and society in general. The chapters provide a core understanding of the phenomenon and cover its formation, nature and complexities, as well as offering a holistic perspective and exploring factors such as scale, size and regional contexts. A useful tool for those researching small businesses, organisation, and business strategy, this book highlights the key advantages of family business group structures in both developed and developing countries, and local and national contexts.
Book Synopsis Entrepreneurs in Every Generation by : Allan Cohen
Download or read book Entrepreneurs in Every Generation written by Allan Cohen and published by Berrett-Koehler Publishers. This book was released on 2016-06-06 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discover What Makes Family Businesses Beat the Odds and Thrive over Generations Families are complicated; family businesses even more so. Like other companies, family-run enterprises must develop leadership and entrepreneurial skills. But they must also manage family dynamics that rarely mirror the best practices in the latest Harvard Business Review. Allan Cohen and Pramodita Sharma, scholars with deep professional and personal roots in family businesses, show how enterprising families can transmit the hunger for excellence across generations. Using examples of firms that flourished and those that failed, they describe the practices that characterize entrepreneurial individuals, families, and organizations and offer pragmatic advice that can be tailored to your unique situation.
Book Synopsis Understanding Family-Owned Business Groups by : Manlio Del Giudice
Download or read book Understanding Family-Owned Business Groups written by Manlio Del Giudice and published by Springer. This book was released on 2017-03-09 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses the increasing prominence of family-owned business groups and their potential to influence growth and development in the global economy. Family businesses are not necessarily converging towards unitary models of corporate governance or organizational designs, but remain heterogeneous in a global economy. Empirical evidence on the developmental effects of family-owned business groups is fragmented and inconclusive: are there tangible differences between family-owned business groups in emerging economies and developed countries? Are there important variations across and between industries? How have geopolitical circumstances shaped their activities? In this book, the author seeks alternative, pluralistic, and cross-disciplinary approaches through economic, management, and organizational perspectives. This book provides readers with a core understanding of how both corporate governance and business strategy are shaped by the institutional frameworks of markets, as well as knowledge into how institutional context shapes the governance and strategies of family business groups. It is an invaluable reference tool for scholars and students in the social sciences, as well as professionals involved in strategic management issues within a knowledge management context.
Book Synopsis Succession and Innovation in Asia’s Small-and-Medium-Sized Enterprises by : Hsi-Mei Chung
Download or read book Succession and Innovation in Asia’s Small-and-Medium-Sized Enterprises written by Hsi-Mei Chung and published by Springer Nature. This book was released on 2021-02-13 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book documents the distinctive experiences and challenges of Small and medium-sized enterprises (SMEs) in Asia. By assessing succession and innovation in SMEs as the two sides of a coin, this book explains how innovations are essential to SMEs in succession. With detailed case examples, the book provides generalized solutions for SMEs to answer the question of how to make succession and innovation simultaneously successful. The authors discuss the potential solutions to solve the challenges of SMEs on succession and innovation by considering the utilization of the capital market, the electronic commerce strategy, the international strategy, and angel investment to pursue portfolio entrepreneurship, and compare these Asia solutions to the experiences from Europe. The book is recommended for family business and SME owners, professionals serving these firms, and the consulting firms that work on continuity issues of SMEs in Asia.
Book Synopsis Family Entrepreneurship by : Matt R. Allen
Download or read book Family Entrepreneurship written by Matt R. Allen and published by Springer Nature. This book was released on 2021-04-05 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides recent ideas, insights, facts, evidence, frameworks, and perspectives on how and why entrepreneurial families are successful over generations. The book focuses on how families successfully implement entrepreneurship across generations. That success, it argues, requires entrepreneurship at the level of the family, not only in the businesses the family owns and manages. Written by noted academics and consultants who are authorities on family entrepreneurship, the chapters provide a comprehensive exploration of the characteristics of successful entrepreneurial families, their motivations, how they behave over time, and, suggestions for how business families can encourage and sustain entrepreneurship. This comprehensive look at family entrepreneurship will serve as a fundamental reference text for family business consultants, owners, and scholars.
Book Synopsis Sustainable Family Business by : Ramo Palalić
Download or read book Sustainable Family Business written by Ramo Palalić and published by Springer Nature. This book was released on with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Exploring Transgenerational Entrepreneurship by : Pramodita Sharma
Download or read book Exploring Transgenerational Entrepreneurship written by Pramodita Sharma and published by Edward Elgar Publishing. This book was released on 2013-11-29 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transgenerational entrepreneurship, as a discipline, examines the processes, resources and capabilities that allow family enterprises to create social and economic value over time in order to succeed beyond the first generation of business owners. While tangible resources such as financial and physical capital are certainly important factors in the long-term success of a family-run business, this book focuses specifically on the role of intangible resources and capabilities, which are less easily quantifiable but equally vital.
Book Synopsis Family Enterprise in the Asia Pacific by : Mervyn J. Morris
Download or read book Family Enterprise in the Asia Pacific written by Mervyn J. Morris and published by Edward Elgar Publishing. This book was released on 2011 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyzes the findings reported in the first Asia Pacific summit of the Successful Transgenerational Entrepreneurship Practices (STEP) project. Researchers in Australia, China, and India discussed eleven in-depth case studies to shed light on the challenges that business families and family businesses faced in continuing and extending their entrepreneurial capabilities across multiple generations. Based on a common research framework from STEP, each chapter introduces key findings and challenges existing theory, offering answers to two broad questions in the Asia Pacific context: How do business families and family businesses generate and sustain entrepreneurial performance across generations and how does entrepreneurial performance relate to the continuity, growth and transgenerational entrepreneurship of business families and family businesses? In doing so, the authors look at key issues faced by family business including dealing with communication issues across generations, resolving conflict between siblings, preparing and luring younger generations back to family business, and professionalization of business. The chapters go beyond the succession and governance challenges and explore the processes and outcomes of entrepreneurship in the AustralAsian family context. Academics, teachers and students in business and management, entrepreneurship and family business, and Asian studies will find this path-breaking book of great value, as will libraries, policymakers and consultants.
Book Synopsis Enabling Next Generation Legacies by : Peter Jaskiewicz
Download or read book Enabling Next Generation Legacies written by Peter Jaskiewicz and published by Family Enterprise Knowledge Hub Publishing. This book was released on 2021-12-06 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: Answering the most pressing thirty-five questions of Next Generation members in a short and concise, yet competent way—leading academics, practitioners, and enterprising families come together to empower Next Generation legacies. Masterfully detangling the intricate dynamics of the family, ownership, business, and wealth, the authors share best practices, real-life examples, and critical questions for reflection. Part 1: Family Defining family · Managing family dynamics · Dealing with conflicts · Family communication · Preparing generational transitions · Keeping the family united Part 2: Ownership Responsibilities and rights · Preparation of future owners · Dealing with non-active owners · Ownership transfers · Board expectations and roles · Owner networks Part 3: Business Preparing business entry · Working with nonfamily executives · Hiring family members · Promoting family members · Letting go of family members · Engaging family business consultants Part 4: Wealth Dealing with wealth · Pursuing a vocation outside of the family enterprise · Leaving the family enterprise · Selling the family business · Starting a family office · Pursuing philanthropy and impact investing Enabling Next Generation Legacies is a powerful guide for Next Generation members and their families to ask better questions, make better decisions, live better lives, and build stronger legacies.
Book Synopsis Transgenerational Entrepreneurship by : M. Nordqvist
Download or read book Transgenerational Entrepreneurship written by M. Nordqvist and published by Edward Elgar Publishing. This book was released on 2010-01-01 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introducing a new concept in family businesses Transgenerational Entrepreneurship addresses how these businesses achieve growth and longevity through entrepreneurial activities. It focuses on the resources, capabilities and mindsets that families develop and draw upon in order to be entrepreneurial across generations, and presents findings from an international research collaboration between family business researchers and practitioners. In addition to a comprehensive conceptual chapter, the editors include a unique set of empirical case-based research papers that investigates transgenerational entrepreneurship in different European contexts. They bring together and integrate frontier research on entrepreneurship and family business, as well as provide a basis for future research. Academics, teachers and students in business and management, entrepreneurship and family business will find this path-breaking book of value, as will libraries, policy makers and consultants.
Book Synopsis Transgenerational Marketing by : Rajagopal
Download or read book Transgenerational Marketing written by Rajagopal and published by Springer Nature. This book was released on 2019-11-20 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book critically examines the evolution of marketing scholarship over generations from Marketing 1.0 to 4.0. It argues that most firms look to gain competitive advantage in the marketplace by driving tactical moves, inculcating small cost-effective changes in marketing approaches. Often, strategic choices of companies lean towards developing competitive differentiations that enable consumers to realize the value of money, causing loyalty shifts in the competitive marketplace. The book focuses on the consumer as the pivot of marketing and argues that the consumer serves as a bidirectional channel during pre-and post-purchase period. It explains how consumer affections sentimentally and emotionally help in growing the brands and companies over generations. This book significantly contributes to the existing literature and serves as a learning post and a think tank for students, researchers, and business managers.
Book Synopsis Pioneering Family Firms’ Sustainable Development Strategies by : Pramodita Sharma
Download or read book Pioneering Family Firms’ Sustainable Development Strategies written by Pramodita Sharma and published by Edward Elgar Publishing. This book was released on 2021-03-26 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book describes the sustainable development journey of 15 business families committed to using their enterprises as a force of societal good. In turn, each family reaps benefits of high economic returns, while contributing to society and environment. The youngest family firm is in its 20s, while there are others over 100 years of age. Size, industry, locations vary. But all these business families share a deep shared commitment towards sustainable development, control over strategic decision-making in their firms and trans-generational continuity intentions. Family values embed their enterprises with a strong sense of purpose to achieve their chosen sustainable development goals. Professionalized systems and processes foster the development of capabilities, and partnerships with a variety of stakeholders ensure the simultaneous achievement of social, environmental and profitability goals.
Book Synopsis The Palgrave Handbook of Managing Family Business Groups by : Marita Rautiainen
Download or read book The Palgrave Handbook of Managing Family Business Groups written by Marita Rautiainen and published by Springer Nature. This book was released on 2022-11-30 with total page 663 pages. Available in PDF, EPUB and Kindle. Book excerpt: Family business groups (FBGs) are ubiquitous, influential, and play a major role in national economies. While much of the current research around this topic has so far focused on emerging economies, more knowledge is needed on family business groups in developed economies; specifically, how they innovate, strategize, govern, and grow. Offering a comprehensive and global perspective on family business groups, this Handbook comprises international contributions from leading experts. Split into five sections, it covers strategy and business transformation; innovation strategies; management and governance; and new avenues for research on FBGs including the issues of sustainability and cultural alignment. An important resource for students and researchers of family business, strategy and management, this Handbook signals the emergence of the family business group phenomenon and solidifies research in this evolving area of study.
Book Synopsis De Gruyter Handbook of Business Families by : Michael Carney
Download or read book De Gruyter Handbook of Business Families written by Michael Carney and published by Walter de Gruyter GmbH & Co KG. This book was released on 2023-01-30 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: The management field increasingly recognizes that most firms in the world are family firms and that these entities operate differently from the non-family firms on which most of our current management theories are based. The De Gruyter Handbook of Business Families brings together work from leading academics who explore emerging research themes relevant to business families, particularly drawing in new insights from adjacent disciplines that can advance the family business field. The handbook challenges the traditional notion of the "single firm–single family" that has characterized most early research on family business. Recognizing that families may simultaneously own or control multiple businesses as well as substantial wealth beyond these firms in the form of financial and non-financial assets, this handbook focuses on business families rather than the narrower construct of family business. The contributions in this handbook explore the relatively neglected dynamics between individuals with family ties that shape the interaction between family and business; business families with multiple businesses; how business families adopt formal rules and processes around their joint activities; and the institutionalization of wealth and business families in society. The De Gruyter Handbook of Business Families fills a gap in the family business research literature and is an essential reference work for researchers and graduate-level students in the area of business families.
Book Synopsis Rebuilding Entrepreneurship at the Grassroots by : Rajagopal
Download or read book Rebuilding Entrepreneurship at the Grassroots written by Rajagopal and published by Springer Nature. This book was released on 2024-01-03 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyzes the impact of entrepreneurship, technology, and innovation on meeting chronic and recurring social challenges, such as poverty, gender inequality, sustainability and climate change, income disparity, social healthcare, community housing and homelessness, and the drive to cleaner food and water supplies. It discusses inclusive entrepreneurial strategies to meet the above social challenges through transformational leadership in the developing economies. With case studies from Southeast Asia, Africa, and Latin America, the chapters highlight the success and failure of entrepreneurship in resolving the social challenges, arguing that effective convergence of strategies related to technology, innovation, and poverty alleviation influences entrepreneurial performance. Connecting different theoretical underpinnings and providing a number of frameworks, conceptual models, and cases, this work advances the conversation among entrepreneurship scholars on impacting the developing world.
