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How To Lead Your Family Business
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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 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 225 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 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 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 Keep the Family Baggage Out of the Family Business by : Quentin J Fleming
Download or read book Keep the Family Baggage Out of the Family Business written by Quentin J Fleming and published by Simon and Schuster. This book was released on 2000-02-29 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: Exploring both the psychological and practical underpinnings of family businesses, an experienced management consultant presents invaluable advice on minimizing conflicts and maximizing business success. Charts.
Book Synopsis Trapped in the Family Business by : Michael A. Klein
Download or read book Trapped in the Family Business written by Michael A. Klein and published by Mk Insights LLC. This book was released on 2012-03 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: "In this honest and practical guide, Michael Klein shares his research findings and insights on how individuals get trapped in their family business, why they don't leave, and what can be done about it. Based on interviews with family business members, owners, and their advisors, Trapped in the Family Business sheds light on this common yet unexamined problem and offers solutions"--Page 4 of cover.
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 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 Your Business, Your Family, Your Legacy by : George A Isaac
Download or read book Your Business, Your Family, Your Legacy written by George A Isaac and published by . This book was released on 2020-10-23 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Whether you are an experienced family business or family office executive, board member, owner, or next-generation family member, George Isaac has written the definitive handbook on the challenges of managing a multi-generational family enterprise. His 5-star "Amazon's #1 New Release" rated book* discusses best practices for all of the key issues associated with family businesses. As a professional consultant, board member, speaker, and prior third-generation CEO, Isaac has been helping families start, build, transition, and maintain their enterprises for more than forty years. Using real-world experiential examples full of case studies, best practices, suggested operating policies, and implementation checklists, Isaac introduces - Seven essential initiatives for business survival and growth - Techniques to navigate family dynamics and prevent and manage conflict - Strategies for establishing effective family and business governance - A road map to forming and executing a workable (and living) succession plan - Practical approaches to multigenerational family and business wealth management - Training on understanding and analyzing financial statements for non-financially oriented family members. - Tips for preparing the next generation for success, in or outside of the family business. Avoid the pitfalls and traps that keep most family businesses from surviving past the current generation. Build a multigenerational family business legacy that lasts with this indispensable guide. *Amazon's "#1 New Release" Ratings recognized for: - Corporate Governance - Business Conflict Resolution & Mediation - Organizational Change - Strategy & Competition
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.
Book Synopsis Your Family Business by : Benjamin Benson
Download or read book Your Family Business written by Benjamin Benson and published by McGraw-Hill Professional Publishing. This book was released on 1990 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: Identifies the problems that confront most family businesses and provides practical, no-nonsense advice to help your business grow while preserving harmony in your family.
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:
Download or read book The Weekly Underwriter written by and published by . This book was released on 1926 with total page 1460 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Women in Family Business by : Patricia M. Annino
Download or read book Women in Family Business written by Patricia M. Annino and published by Booksurge Publishing. This book was released on 2009 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: Women in Family Business: What Keeps You Up At Night? addresses the psycholgical, relational and financial issues impacting wives, mothers, widows, stepmothers, daughters, sisters and in-laws.
Download or read book Family Business written by and published by . This book was released on 2008 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt:
