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How To Lead Your Family Business
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Book Synopsis 9 Elements of Family Business Success: A Proven Formula for Improving Leadership & Realtionships in Family Businesses by : Allen Fishman
Download or read book 9 Elements of Family Business Success: A Proven Formula for Improving Leadership & Realtionships in Family Businesses written by Allen Fishman and published by Mcgraw-hill. This book was released on 2008-09-12 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Running a family business is like running any other business--with the addition of many extra challenges. A family-owned enterprise involves unique management, compensation, hiring, and other business issues regarding family member employees. 9 Elements of Family Business Success addresses the specific challenges faced by owners of family businesses, and it shows family members employed in the business how to enjoy their positions while helping the organization reach its highest potential. Every relationship between family members comes with its own unique set of dynamics. When transferred into the workplace, these dynamics introduce emotional factors and hot buttons that can make or break the business. In this comprehensive guide, Allen E. Fishman spotlights all the challenges such organizations face and provides practical advice for creating your own strategy to meet them--and strengthen relationships within the family, as well. Fishman provides solutions to the problems unique to a family-run business, along with handy checklists to ensure you're covering all the angles. You'll learn how to: Create a written policy for hiring, reviewing, and terminating family member employees Avoid family relationship tension regarding compensation Choose a successor and create a succession development plan Ensure good results-driven family communication and dynamics Maintain healthy spousal relations when you work together Recruit and retain talented non-family member employees 9 Elements of Family Business Success contains detailed case studies of specific challenges faced by real family business owners and employees. Each one explains how the owner or employee identified the problem and the steps he or she took to solve it. Apply Fishman's advice, and you'll experience all the benefits and avoid the pitfalls that come with running a family business.
Book Synopsis How to Lead Your Family Business by : Julie Charlestein
Download or read book How to Lead Your Family Business written by Julie Charlestein and published by BenBella Books. This book was released on 2023-02-14 with total page 159 pages. Available in PDF, EPUB and Kindle. Book excerpt: Wall Street Journal Bestseller As a fourth-generation company president/CEO, Julie Charlestein has developed a unique set of strategies for navigating the distinctive challenges and choices facing family businesses. How to Lead Your Family Business is a master class in working with and for family, reshaping generations-old company cultures, earning your colleagues’ respect, and more. Family businesses, from massive corporations like Walmart to the mom-and-pop store on your local street, have always been a vital part of the American life and economy. But as these family-owned companies evolve and grow, so too do their unique difficulties and the need for dynamic leadership. And as more women rise into leadership roles within commonly male-dominated organizations, challenges abound in already tense environments, where family members also happen to be one’s coworkers—and superiors. Julie Charlestein, the president and CEO of Premier Dental Products Company, is the fourth-generation leader of an incredibly successful family-owned enterprise, and she’s seen it all firsthand, including family drama in the workplace and the office politics that come with any corporation. In How to Lead Your Family Business, Julie gets vulnerable about her experience as an emerging leader and ultimately CEO, who has worked to earn her colleagues’ respect while navigating the succession to her father’s company. Through stories full of candor and humor, Julie shares her leadership adventure, offering actionable strategies for those leading and working within their own family businesses.
Book Synopsis Lead Your Family Like Jesus by : Ken Blanchard
Download or read book Lead Your Family Like Jesus written by Ken Blanchard and published by Tyndale House Publishers, Inc.. This book was released on 2013-03-01 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt: Does your family need a five-star general at the helm? A psychologist? A referee? Ken Blanchard, best-selling co-author of The One Minute Manager and Lead Like Jesus, points to a better role model: the Son of God. Joined by veteran parents and authors Phil Hodges and Tricia Goyer, renowned business mentor Blanchard shows how every family member benefits when parents take the reins as servant-leaders. Moms and dads will see themselves in a whole new light—as life-changers who get their example, strength, and joy from following Jesus at home. This user-friendly book’s practical principles and personal stories mark the path to a truly Christ-centered family, where integrity, love, grace, self-sacrifice, and forgiveness make all the difference.
Download or read book Myths and Mortals written by Andrew Keyt and published by John Wiley & Sons. This book was released on 2015-07-07 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Establish credibility as the new family business leader Myths & Mortals, Family Business Leadership and Succession Planning provides insights and strategies for successors of family businesses. Successors often find themselves in the shadow of their parents making it difficult to establish credibility in the family business and tap into their own strengths. The stress of emulating a parent begins to clash with who they are and who they want to be as a leader. Written by internationally known business strategist and succession planning expert Andrew Keyt, this guide shows you how to establish credibility, take your place at the head of the table, and run your business your way. In groundbreaking research, Keyt interviewed more than 25 successors of family business legends including Massimo Ferragamo, Bill Wrigley Jr., Christie Hefner, and John Tyson to find out how they overcame the challenges successors commonly face.The analysis from that study formed the basis for the strategies presented here—to help you win the loyalty of those stuck in the old way of doing business, and still focused on their former leader's vision. You'll learn how to take charge without sacrificing your own leadership style, and how to get everyone on board with your vision for the business. Growing up in the shadow of legendary family business leaders creates a unique challenge for successors to the leadership position. You cannot remove the emotional power of family dynamics from the business, but you can change how you choose to react to it. To be successful, you need to create a sense of identity and credibility, and step out of the shadows of your forbears. This guide provides strategies for doing just that, so you can take the reins and be the effective leader your business needs. Overcome the obstacles successors commonly face Win over those still loyal to their former leader Build your own credibility, separate from your parents Develop your own leadership style and do business your way Credibility is elemental to business leadership, but establishing that credibility is the successor's biggest challenge. Myths & Mortals, Family Business Leadership and Succession Planning helps you plan around the obstacles and avoid common missteps so you can lead more effectively right out of the gate.
Book Synopsis The Soul of Family Business by : Tom Hubler
Download or read book The Soul of Family Business written by Tom Hubler and published by . This book was released on 2018-09 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Soul of Family Business by Tom Hubler takes readers on a journey throught the heart and soul of family business. Using case studies from his more than thirty-five-years as a family business consultant, Hubler explores what it takes to run a successful family business, illustrating how love is the foundation and family values are the secret sauce for success.
Book Synopsis Harvard Business Review Family Business Handbook by : Josh Baron
Download or read book Harvard Business Review Family Business Handbook written by Josh Baron and published by Harvard Business Press. This book was released on 2021-01-26 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: Navigate the complex decisions and critical relationships necessary to create and sustain a healthy family business—and business family. Though "family business" may sound like it refers only to mom-and-pop shops, businesses owned by families are among the most significant and numerous in the world. But surprisingly few resources exist to help navigate the unique challenges you face when you share the executive suite, financial statements, and holidays. How do you make the right decisions, critical to the long-term survival of any business, with the added challenge of having to do so within the context of a family? The HBR Family Business Handbook brings you sophisticated guidance and practical advice from family business experts Josh Baron and Rob Lachenauer. Drawing on their decades-long experience working closely with a wide range of family businesses of all sizes around the world, the authors present proven methods and approaches for communicating effectively, managing conflict, building the right governance structures, and more. In the HBR Family Business Handbook you'll find: A new perspective on what makes family businesses succeed and fail A framework to help you make good decisions together Step-by-step guidance on managing change within your business family Key questions about wealth, unique to family businesses, that you can't afford to ignore Assessments to help you determine where you are—and where you want to go Stories of real companies, from Marchesi Antinori to Radio Flyer Chapter summaries you can use to reinforce what you've learned Keep this comprehensive guide with you to help you build, grow, and position your family business to thrive across generations. HBR Handbooks provide ambitious professionals with the frameworks, advice, and tools they need to excel in their careers. With step-by-step guidance, time-honed best practices, and real-life stories, each comprehensive volume helps you to stand out from the pack—whatever your role.
Book Synopsis Enduring Advantage by : John A. Davis
Download or read book Enduring Advantage written by John A. Davis and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This book of short, pithy essays by John A. Davis presents fresh data on why family businesses perform better than non-family businesses around the world. Davis¿ findings and insights have profound implications for business leaders, family members, and general readers alike. 2nd Edition ¿ Revised
Book Synopsis Getting Along in Family Business by : Edwin A. Hoover
Download or read book Getting Along in Family Business written by Edwin A. Hoover and published by Routledge. This book was released on 2013-08-21 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a guide for business owning families and their professional advisors. The authors argue that the single most important factor to the success of any business is relationship intelligence. The book aims to demonstrate how improved relationships translate into more effective leadership, ownership and ethics in business.
Book Synopsis The Lawyer's Guide to Family Business Succession Planning by : Gregory Monday
Download or read book The Lawyer's Guide to Family Business Succession Planning written by Gregory Monday and published by American Bar Association. This book was released on 2022-05-02 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book provides lawyers with step-by-step guidance on how to lead family business owners through the succession planning process to produce a result that is tailored to the unique circumstances and objectives of the owners and their successors."--Back cover.
Book Synopsis Every Family's Business by : Thomas William Deans
Download or read book Every Family's Business written by Thomas William Deans and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Effective Leadership in the Family Business by : C. Aronoff
Download or read book Effective Leadership in the Family Business written by C. Aronoff and published by Springer. This book was released on 2017-07-03 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: Identifying and developing leaders in a family business can be more difficult than traditional business. Here Aronoff and Baskin discuss the different styles of leadership and what style might work with what family member including the Directing Leader, the Coaching Leader, the Counseling Leader and the Delegating Leader.
Book Synopsis In the Company of Family by : Melissa Mitchell-Blitch
Download or read book In the Company of Family written by Melissa Mitchell-Blitch and published by . This book was released on 2020-09-30 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: When you work with family, business is personal. That can be a dream or a nightmare. What makes the difference? Knowing how to navigate well your differences and the multiple roles you share. When you are family, coworkers, co-owners, differences abound - opinions, values, preferences. How can you keep differences from being divisive? Through real-life case studies, In the Company of Family reveals the principles of boundaries, which will help you thrive even though business is personal. You will meet families in business who navigate challenges such as these: - Sibling relationships are severed when they disagree about ownership. How can they overcome irreconcilable differences? - A talented family member does not meet the company's criteria for promotion. Should a capable family member be passed over or should the rules be bent? - A father feels guilty that non-family executives are better suited to run the business than his children. Which is more important, family or skill? - A successor feels disrespected when his father treats him like a child in front of employees. How can he get his father to treat him with more respect? - A CEO is diagnosed with dementia. How can the family honor his dignity without compromising the business? - A family member's substance abuse tarnishes the law firm's image. Is it right to fire her? In the Company of Family will teach you how to enhance family relationships, individual well-being, and business vitality - three priorities not easy to balance.
Book Synopsis Family Business by : Manfred F. R. Kets de Vries
Download or read book Family Business written by Manfred F. R. Kets de Vries and published by Chapman & Hall. This book was released on 1996 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Carefully structured to link information directly to the CIM syllabus, this coursebook text offers a range of cases, questions, activities, definitions and study tips to support and test your understanding of the theory. Each coursebook includes access to Marketingonline.co.uk, where you can: annotate, customise and create personally tailored notes using the electronic version of the coursebook; prepare yourself for the exam with self-test progress checklists and expert revision exam checklists for each module; extend your knowledge with access to the e-library (eight marketing texts to support and enhance your learning); take part in online discussions; search the coursebook online for easy access to definitions and key concepts.
Book Synopsis Family Business Succession by : K. LeCouvie
Download or read book Family Business Succession written by K. LeCouvie and published by Springer. This book was released on 2017-07-03 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first ever comprehensive guide to family business succession planning. This book covers everything from what family business ownership is and how to structure ownership bylaws to business structure, leadership transition, and how a founder exits the business. Drawing on original research, case studies, and white papers, Family Business Succession is a thorough, complete, and "required reading" for every family member working in a family business.
Book Synopsis Siblings and the Family Business by : Stephanie Brun de Pontet
Download or read book Siblings and the Family Business written by Stephanie Brun de Pontet and published by Macmillan. This book was released on 2012-10-16 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Your Family Business by : Arthur Pine
Download or read book Your Family Business written by Arthur Pine and published by Simon & Schuster. This book was released on 1990 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Keeping the Family Business Healthy by : John L. Ward
Download or read book Keeping the Family Business Healthy written by John L. Ward and published by . This book was released on 1987 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt:
