Managing Business Family Dynasties

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Managing Business Family Dynasties

Author : Tom A. Rüsen
Publisher : Springer Nature
ISBN 13 : 3030826198
Total Pages : 139 pages
Book Rating : 4.0/5 (38 download)

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Book Synopsis Managing Business Family Dynasties by : Tom A. Rüsen

Download or read book Managing Business Family Dynasties written by Tom A. Rüsen and published by Springer Nature. This book was released on 2021-10-15 with total page 139 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book deals with dynastic business families. Such families are characterized by a circle of owners comprising more than 50 family members, which typically face specific issues and challenges for which there has been little research knowledge and practical approaches until now. The book presents results and findings from a special research project on “big family management” where 7 representatives of dynastic families from Germany were studied over a 3-year period. The result was the identification of six topic areas that management in these business families has to deal with. At the same time, the study observes that dynastic business families hardly follow the logic of classic families anymore, but can rather be understood as networks with common family backgrounds. The study also reveals that a large number of business families are heading for large shareholder groups due to changed inheritance practices. The contents outlined here provide an orientation framework for the growing business family.

Entrepreneurs in Family Business Dynasties

Author : Laura Hougaz
Publisher : Springer
ISBN 13 : 3319139185
Total Pages : 253 pages
Book Rating : 4.3/5 (191 download)

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Book Synopsis Entrepreneurs in Family Business Dynasties by : Laura Hougaz

Download or read book Entrepreneurs in Family Business Dynasties written by Laura Hougaz and published by Springer. This book was released on 2015-02-23 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a longitudinal story of seven Italian-Australian family business dynasties, spanning over a hundred years across three generations, and starting with the founding generation who migrated to Australia in the first half of the 20th century. With hard work and sacrifices, they set the foundations of a long-lasting family culture, and the values that form the glue of a multigenerational family business. The book focuses on the personal, family, and business values that keep family members, across generations, continuing to engage together and successfully, as a family and a business. The book elaborates on the complexity of ‘what is a family business’, what it represents for the generational members that are part of it, how these family businesses have emerged, consolidated and expanded, and finally, how they continue to survive into the third generation, enabling the dynasty to flourish.

Dynastic Planning

Author : Walid S. Chiniara
Publisher : Business Expert Press
ISBN 13 : 1949991830
Total Pages : 181 pages
Book Rating : 4.9/5 (499 download)

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Book Synopsis Dynastic Planning by : Walid S. Chiniara

Download or read book Dynastic Planning written by Walid S. Chiniara and published by Business Expert Press. This book was released on 2020-05-06 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is designed to be a guide to demystify the journey leading to preserving family legacy. It is based on the fact that a family business is a partnership among its members, and that the most successful family business succession plan is the one devised by the family itself. In this book, the author shares his unique experience working with hundreds of business families and next-generation family business entrepreneurs from across the world. His 7-Step MethodologyTM offers an innovative and a systemic approach to family business succession planning and related conflict management. It focuses on the importance of maintaining an open dialogue among family members, and it paves the way to a structured conversation among those interested in achieving an orderly transfer of wealth from one generation to another. The author further discusses the elements that traditionally cause tensions among partners who happen to be family members, and offers solutions that have been tried and tested over two decades and that are based on real-life examples and success stories. This text is designed for families in business who wish to start a succession planning conversation and to family business advisors invited to facilitate such a conversation.

Managing Conflict in the Family Business

Author : K. Rhodes
Publisher : Springer
ISBN 13 : 113732130X
Total Pages : 130 pages
Book Rating : 4.1/5 (373 download)

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Book Synopsis Managing Conflict in the Family Business by : K. Rhodes

Download or read book Managing Conflict in the Family Business written by K. Rhodes and published by Springer. This book was released on 2013-04-29 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: Family Business Conflict Archetypes, Frames, Roles, and Tactics are discussed in this book with a view toward educating readers to the common conflict cycles that family businesses encounter. More specifically the book will address twelve conflicts that are common in family owned businesses, how to spot them and how to resolve them.

De Gruyter Handbook of Business Families

Author : Michael Carney
Publisher : Walter de Gruyter GmbH & Co KG
ISBN 13 : 3110728052
Total Pages : 422 pages
Book Rating : 4.1/5 (17 download)

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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.

Sociology of the Business Family

Author : Heiko Kleve
Publisher : Springer Nature
ISBN 13 : 3658422165
Total Pages : 306 pages
Book Rating : 4.6/5 (584 download)

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Book Synopsis Sociology of the Business Family by : Heiko Kleve

Download or read book Sociology of the Business Family written by Heiko Kleve and published by Springer Nature. This book was released on with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Conflicts and Conflict Dynamics in Business Families

Author : Arist von Schlippe
Publisher : Springer Nature
ISBN 13 : 3031502264
Total Pages : 93 pages
Book Rating : 4.0/5 (315 download)

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Book Synopsis Conflicts and Conflict Dynamics in Business Families by : Arist von Schlippe

Download or read book Conflicts and Conflict Dynamics in Business Families written by Arist von Schlippe and published by Springer Nature. This book was released on with total page 93 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Understanding the Family Business

Author : Keanon Alderson
Publisher : Business Expert Press
ISBN 13 : 1606491695
Total Pages : 185 pages
Book Rating : 4.6/5 (64 download)

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Book Synopsis Understanding the Family Business by : Keanon Alderson

Download or read book Understanding the Family Business written by Keanon Alderson and published by Business Expert Press. This book was released on 2011 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Long-lived Family Businesses in Japan: Factors of Success

Author : Sigrun C. Caspary
Publisher : V&R unipress
ISBN 13 : 373701681X
Total Pages : 275 pages
Book Rating : 4.7/5 (37 download)

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Book Synopsis Long-lived Family Businesses in Japan: Factors of Success by : Sigrun C. Caspary

Download or read book Long-lived Family Businesses in Japan: Factors of Success written by Sigrun C. Caspary and published by V&R unipress. This book was released on 2024-02-12 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: Japanese family businesses are among the oldest in the world and many of them prove a history record of 200 years and more. Research on several case studies of century old firms (‘shinise’) in Japan reveal three factors as secrets of their longevity: (1) the Japanese family system (‘ie’) favours the eldest son for succession; (2) the option for adopting a capable successor; (3) the inclusion of the relationships with employees, customers, and members of the local community into the strategic decision making. The analysis deals with the succession process in Japan compared to the WIFU Model of Succession in German family firms, and rounds off with perspectives on how to deal with the challenges the Japanese family businesses face regarding the recent changes in the Japanese society.

Family Business Governance

Author : Keanon J. Alderson
Publisher : Business Expert Press
ISBN 13 : 1949991318
Total Pages : 205 pages
Book Rating : 4.9/5 (499 download)

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Book Synopsis Family Business Governance by : Keanon J. Alderson

Download or read book Family Business Governance written by Keanon J. Alderson and published by Business Expert Press. This book was released on 2019-04-15 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents research-based information to provide the reader a deeper understanding of the complex nature of family owned businesses, their problems and challenges, and the unique governance structures and mechanisms that have been developed to properly guide a family business to greater effectiveness. Family business is the most prevalent form of business organization in the world. Much of the existing literature on family and corporate governance focuses on the larger and often publicly owned corporations instead of the unique and special issues of the much more prevalent privately held (usually smaller) family businesses. This book presents research-based information to provide the reader a deeper understanding of the complex nature of family owned businesses, their problems and challenges, and the unique governance structures and mechanisms that have been developed to properly guide a family business to greater effectiveness. For the family, such structures include having family meetings, a family council, and a family constitution. For the business, the board of directors provides experienced and knowledgeable advice and recommendations, as well as oversight and monitoring activities. For the owners, a shareholder’s council and an annual shareholder meeting allows increased communication and voting on decisions. These family governance mechanisms have been shown to increase communication, reduce conflict, and improve decision making and professionalism. Each governance tool will be explored in depth. The audience for this book is family business owners, consultants, practitioners, and family business scholars. Cases will provide readers an opportunity to apply their learning to real business problems.

Handbook of Research on the Strategic Management of Family Businesses

Author : Palma-Ruiz, Jesús Manuel
Publisher : IGI Global
ISBN 13 : 1799822710
Total Pages : 539 pages
Book Rating : 4.7/5 (998 download)

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Book Synopsis Handbook of Research on the Strategic Management of Family Businesses by : Palma-Ruiz, Jesús Manuel

Download or read book Handbook of Research on the Strategic Management of Family Businesses written by Palma-Ruiz, Jesús Manuel and published by IGI Global. This book was released on 2020-01-10 with total page 539 pages. Available in PDF, EPUB and Kindle. Book excerpt: The literature on family business has developed significantly over the last years. However, efforts remain to summarize and systematize the main aspects that affect the behavior of this type of company. In this regard, the topic of strategic management has been developed. In this sense, it is especially important to recognize how the family decisively influences the behavior of the company and also to identify how the existence of the company affects family dynamics. Those who manage family businesses, whether family or not, must reconcile both perspectives (business and family) in the definition of strategic objectives, allowing sustainability and continuity in this type of organization. The Handbook of Research on the Strategic Management of Family Businesses provides emerging research that covers how strategic management in the family business has been developed and identifies the objectives that sustain this strategic behavior, the main areas of analysis (family and business), the definition of strategies, and their implementation. Also, the authors of this book review the different scenarios for family firms and propose strategies to tackle the challenges and seize the possibilities to grow in a competitive and dynamic environment. Featuring coverage on a broad range of topics such as human capital, organizational leadership, and knowledge creation, this book is ideally designed for family firms, managers, advisors, consultants, policymakers, business professionals, executives, entrepreneurs, researchers, academicians, and students.

Elgar Encyclopedia of Family Business

Author : Carole Howorth
Publisher : Edward Elgar Publishing
ISBN 13 : 1800888724
Total Pages : 477 pages
Book Rating : 4.8/5 (8 download)

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Book Synopsis Elgar Encyclopedia of Family Business by : Carole Howorth

Download or read book Elgar Encyclopedia of Family Business written by Carole Howorth and published by Edward Elgar Publishing. This book was released on 2024-03-14 with total page 477 pages. Available in PDF, EPUB and Kindle. Book excerpt: The intertwining of family relationships with business imperatives provides a fascinating but complex arena for study. This Encyclopedia is a valuable resource because family business studies are necessarily multi-disciplinary and wide-ranging, drawing on entrepreneurship, management, governance, economics, ethics, business history, as well as family studies.

The Palgrave Handbook of Managing Family Business Groups

Author : Marita Rautiainen
Publisher : Springer Nature
ISBN 13 : 3031132068
Total Pages : 663 pages
Book Rating : 4.0/5 (311 download)

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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.

Family Dynasties

Author : Hans Sjögren
Publisher :
ISBN 13 : 9781351021517
Total Pages : pages
Book Rating : 4.0/5 (215 download)

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Book Synopsis Family Dynasties by : Hans Sjögren

Download or read book Family Dynasties written by Hans Sjögren and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Engaged Ownership

Author : Amelia Renkert-Thomas
Publisher : John Wiley & Sons
ISBN 13 : 111917113X
Total Pages : 230 pages
Book Rating : 4.1/5 (191 download)

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Book Synopsis Engaged Ownership by : Amelia Renkert-Thomas

Download or read book Engaged Ownership written by Amelia Renkert-Thomas and published by John Wiley & Sons. This book was released on 2015-12-14 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: Successful ownership transition requires effective decision making at the top Engaged Ownership is the definitive owner's guide to the family enterprise. Whether you're taking over a family business, family office, or trust, this book shows you how to work effectively with the management and board to keep the enterprise moving in the right direction. The first guide of its kind written from the owner's perspective, this book is designed to help owners who are truly committed to growing all forms of capital be successful in their role. You'll learn the time-tested process that helps you 'unstick' decision-making, become engaged and effective, and manage the transfer from owner control to shared ownership while minimizing risk. Improve communication and relationships with the board, and ensure that every stakeholder understands your strategies and vision for the future. You'll allay the fears that frequently accompany ownership transfers, and inspire a sense of teamwork that leads to sustainable success generation after generation. As the Baby Boomers retire, business founders and entrepreneurs worldwide are transferring ownership of privately held enterprises to their children in record numbers. It can be a complex and difficult-to-navigate time for everyone involved. This book helps you smooth the way to a successful transition, and transcend the owner's traditionally passive role. Learn to work effectively with management and the board Get everyone on the same page in terms of vision and direction Build relationships that lead to forward-thinking decision making Succeed in the ownership role by bringing your expertise to the fore Ownership transfer often triggers a radical change in family enterprise, and if poorly managed, can turn a business in the wrong direction. Engaged Ownership shows you how to build a dynamic and effective partnership with trustees, board, and management, and become a successful steward of the family's financial, human, social, and operational capital.

Entrepreneurs in Family Business Dynasties

Author : Laura Hougaz
Publisher :
ISBN 13 : 9783319139197
Total Pages : pages
Book Rating : 4.1/5 (391 download)

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Book Synopsis Entrepreneurs in Family Business Dynasties by : Laura Hougaz

Download or read book Entrepreneurs in Family Business Dynasties written by Laura Hougaz and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a longitudinal story of seven Italian-Australian family business dynasties, spanning over a hundred years across three generations, and starting with the founding generation who migrated to Australia in the first half of the 20th century. With hard work and sacrifices, they set the foundations of a long-lasting family culture, and the values that form the glue of a multigenerational family business. The book focuses on the personal, family, and business values that keep family members, across generations, continuing to engage together and successfully, as a family and a business. The book elaborates on the complexity of 'what is a family business', what it represents for the generational members that are part of it, how these family businesses have emerged, consolidated and expanded, and finally, how they continue to survive into the third generation, enabling the dynasty to flourish.

Managing the Family Business

Author : Thomas Zellweger
Publisher : Edward Elgar Publishing
ISBN 13 : 1783470712
Total Pages : 544 pages
Book Rating : 4.7/5 (834 download)

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Book Synopsis Managing the Family Business by : Thomas Zellweger

Download or read book Managing the Family Business written by Thomas Zellweger and published by Edward Elgar Publishing. This book was released on 2017-04-28 with total page 544 pages. Available in PDF, EPUB and Kindle. Book excerpt: This innovative textbook covers the most important managerial challenges facing family businesses. It is research-based and includes theory and practice along with concepts, cases and reflection questions to illustrate the key topics.