Family Education For Business Owning Families

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Family Education For Business-Owning Families

Author : Amy M. Schuman,John L. Ward
Publisher : Palgrave Macmillan
Page : 100 pages
File Size : 49,8 Mb
Release : 2010-12-15
Category : Business & Economics
ISBN : 023011119X

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Family Education For Business-Owning Families by Amy M. Schuman,John L. Ward Pdf

One of the key factors in maintaining the legacy of your family business is a good program of family education. Inevitably, wise business-owning families see the necessity of launching some form of education for family members. It establishes an interest and a connection with the business among members of the younger generations. When done well, a program of family education offers many benefits including: * helping future owners prepare for their roles and responsibilities in the business and in the family * providing a way to express interest in each individual * providing a way to earn loyalty from family members; * strengthening bonds among family members. In Family Education the authors aim to inspire you and your family to initiate a family education program that is suited to the needs of your family.

Building a Successful Family Business Board

Author : J. Pendergast,J. Ward,Stephanie Brun de Pontet
Publisher : Springer
Page : 263 pages
File Size : 43,6 Mb
Release : 2011-03-08
Category : Business & Economics
ISBN : 9781137511713

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Building a Successful Family Business Board by J. Pendergast,J. Ward,Stephanie Brun de Pontet Pdf

In Building a Successful Family Business Board , the authors show why private firms need the in-depth expertise and objective feedback that a well-chosen board, including qualified independent directors, can provide, and demonstrates how owners and directors can work together to ensure a long and profitable life for the firm.

Family Education For Business-Owning Families

Author : A. Schuman,J. Ward
Publisher : Springer
Page : 92 pages
File Size : 42,8 Mb
Release : 2017-06-30
Category : Business & Economics
ISBN : 9781137514967

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Family Education For Business-Owning Families by A. Schuman,J. Ward Pdf

Family education is a both a learning and team-building process. This book guides owners through the education process - from determining when to bring your family into the business, and how to train them, to what they could and should do outside the firm first - so they can bring outside experience into the family firm.

The Family Business Group Phenomenon

Author : Marita Rautiainen,Peter Rosa,Timo Pihkala,Maria José Parada,Allan Discua Cruz
Publisher : Springer
Page : 410 pages
File Size : 41,5 Mb
Release : 2018-10-30
Category : Business & Economics
ISBN : 9783319985428

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The Family Business Group Phenomenon by Marita Rautiainen,Peter Rosa,Timo Pihkala,Maria José Parada,Allan Discua Cruz Pdf

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.

Family Business Governance

Author : John L. Ward,Craig E. Aronoff
Publisher : Macmillan
Page : 106 pages
File Size : 54,5 Mb
Release : 2011-01-04
Category : Business & Economics
ISBN : 9780230116016

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Family Business Governance by John L. Ward,Craig E. Aronoff Pdf

While every family business is unique, embracing systematic governance processes can help any family business achieve goals shared by virtually all: orderly decision-making, peaceful continuity, and the freedom to make decisions based on the highest and best purposes of both the business and the family.

Own It!

Author : Wendy Sage-Hayward,Gaia Marchisio,Barbara Dartt
Publisher : Springer Nature
Page : 300 pages
File Size : 43,7 Mb
Release : 2022-11-15
Category : Business & Economics
ISBN : 9783030204198

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Own It! by Wendy Sage-Hayward,Gaia Marchisio,Barbara Dartt Pdf

Very few enterprising families focus on building an owner’s mindset in family members. They are busy working and growing their enterprises (rightly so), which prioritizes and values the management role over the ownership role. Many rising generation family members do not choose the path of ownership but are simply born into it. Given these typical patterns, it is not surprising that there is little focus on valuing and building an educated owner to steward the family’s assets for future generations. This book serves as a resource and support tool to help enterprising families learn and develop thoughtful, capable ownership by investing in and nurturing an owner's mindset. This includes building “ownership literacy,” along with a genuine sense of stewardship. It offers a learning structure and approach for each stage of an owner’s development across the lifespan (from earliest years to retirement), taking into consideration the lifecycle stages of the family. The authors make clear that ownership development shouldn’t be confined to earlier ages; any owner at any age can gain ownership-related perspective and skills that can contribute to greater family harmony and business success. The book provides enterprising families and their advisors with examples and practical advice for the promotion of knowledge, skills, and capabilities that incorporate a broad range of topics spanning from personal and interpersonal, to leadership and wealth, to business, ownership, and financial.

Perpetuating the Family Business

Author : J. Ward
Publisher : Springer
Page : 178 pages
File Size : 55,6 Mb
Release : 2016-01-12
Category : Business & Economics
ISBN : 9780230505995

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Perpetuating the Family Business by J. Ward Pdf

John L. Ward is a leading world expert on the family business. In this book he brings together a vast amount of experience to show the, 'best practices' of the most successful and long-lasting families in business. He provides a framework of five insights and four principles in which to position his 50 lessons for family businesses. This is the most comprehensive book on sustaining the family business and contains international examples and cases and essential tools and checklists of best practice.

Perpetuating the Family Business

Author : Craig E Aronoff
Publisher : Palgrave Macmillan
Page : 335 pages
File Size : 40,5 Mb
Release : 2004-05-07
Category : Business & Economics
ISBN : 9780230578234

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Perpetuating the Family Business by Craig E Aronoff Pdf

John L. Ward, a leading world expert on family business, offers the best practices of the most successful and long-lasting families in business, including Ford Motors, Marriott Hotels, Levi-Strauss, and the New York Times. He provides a framework of five insights and four principles in which to position his fifty "lessons learned" for family business longevity. This is a comprehensive book on sustaining family businesses that contains international examples, cases, essential tools, and checklists of best practices; a how-to every entrepreneur should have.

Engaged Ownership

Author : Amelia Renkert-Thomas
Publisher : John Wiley & Sons
Page : 230 pages
File Size : 47,8 Mb
Release : 2015-12-14
Category : Business & Economics
ISBN : 9781119171133

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Engaged Ownership by Amelia Renkert-Thomas Pdf

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.

Understanding the Family Business

Author : Keanon Alderson
Publisher : Business Expert Press
Page : 185 pages
File Size : 43,5 Mb
Release : 2011
Category : Family-owned business enterprises
ISBN : 9781606491690

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Understanding the Family Business by Keanon Alderson Pdf

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.

Family Enterprise

Author : The Family Firm Institute, Inc
Publisher : John Wiley & Sons
Page : 192 pages
File Size : 55,9 Mb
Release : 2013-11-25
Category : Business & Economics
ISBN : 9781118730928

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Family Enterprise by The Family Firm Institute, Inc Pdf

A thorough explanation of how family enterprises work The family enterprise, whether an operating business, a family office, or both, is the backbone of the US and international economies. These enterprises cut across industries and geographies and can be first-generation entrepreneurial companies or multi-generational businesses with family offices. This book offers a foundation in and understanding of how family enterprises work, including working definitions and the key characteristics of family enterprises, as well as useful concepts for working with and in family enterprises, either as a professional or as a family member. Written by the experts at the Family Firm Institute, a global network of professionals, educators, researchers, and owners of family enterprises An ideal resource for professionals in law, finance, management, and behavioral science, family office and fund managers, and others interested in an multidisciplinary approach to this field

Family Business Succession

Author : C. Aronoff,S. McClure,J. Ward
Publisher : Springer
Page : 104 pages
File Size : 49,6 Mb
Release : 2017-06-30
Category : Business & Economics
ISBN : 9781137512086

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Family Business Succession by C. Aronoff,S. McClure,J. Ward Pdf

Helps to prepare for passing the family business on to the next generation. Leaders will learn how to create a succession plan; how to develop opportunities for succession candidates; how to build consensus with the family and leaders on succession plans and finally leaders will learn when and how to let go of their own role in the business.

Family Business Sourcebook

Author : Craig E. Aronoff,John L. Ward
Publisher : Unknown
Page : 734 pages
File Size : 48,8 Mb
Release : 1991
Category : Business & Economics
ISBN : IND:30000020661488

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Family Business Sourcebook by Craig E. Aronoff,John L. Ward Pdf

The Family Business Book

Author : Paul Keogh
Publisher : Sra Books
Page : 128 pages
File Size : 52,5 Mb
Release : 2022-02-03
Category : Businesspeople
ISBN : 1912300583

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The Family Business Book by Paul Keogh Pdf

Family-owned businesses are among the most notable and numerous in the world. Some are global brands employing thousands - think Walmart, Ford and JCB - others are much smaller, more local enterprises run by their owners and staffed entirely by their family. But however big or small, running or working in a family business, and the bringing together of two conflicting and complex worlds - family and business - often presents very unique challenges for everyone involved, be they part of the family or employees and advisors. The Family Business Book draws on Paul Keogh's expertise and decades of work with family businesses of all sizes, all around the world, to help their owners, family members and employees feel informed, empowered and equipped to make the right decisions and navigate the ups and downs, successes and disappointments. Easy to read and packed with top tips, discover essential and honest guidance on: Juggling the demands of work with the expectations of family. Handling conflict and rivalries whilst dealing with intricate family dynamics. Putting effective communication at the heart of both worlds. Building clear structures and establishing sensible governance. Making critical decisions and managing change - in the family and the business! Talking about money and planning for succession. Functioning better as a family is the key to a better functioning family business, so from divorce to death, and deceit to desertion, this book never shies away from asking the difficult questions and discussing the complicated issues that families in business face to make sure both their worlds survive and thrive.