Understanding Family Owned Business Groups

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Understanding Family-Owned Business Groups

Author : Manlio Del Giudice
Publisher : Springer
Page : 189 pages
File Size : 55,9 Mb
Release : 2017-03-09
Category : Business & Economics
ISBN : 9783319422435

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Understanding Family-Owned Business Groups by Manlio Del Giudice Pdf

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.

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 : 46,7 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.

Understanding the Family Business

Author : Keanon Alderson
Publisher : Business Expert Press
Page : 185 pages
File Size : 43,6 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.

Understanding the Family Business, Second Edition

Author : Keanon J. Alderson
Publisher : Business Expert Press
Page : 162 pages
File Size : 53,9 Mb
Release : 2018-05-08
Category : Business & Economics
ISBN : 9781631575747

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Understanding the Family Business, Second Edition by Keanon J. Alderson Pdf

This outstanding book provides you with a detailed look at family businesses, the most prevalent form of business in the world. Whether you are a business student, or a member of a family who owns a business, you will definitely benefit from this book, which leads with an introduction to the unique nature of family businesses. Inside, the author explores the many differences between a family-owned business and a nonfamily-owned business. He discusses the major family business theories and shows how family firms make business decisions. This book also defines the significant issues prevalent in family firms and explores the most problematic issue: the succession or the transfer of ownership to the next generation. If you are a professional advisor to family firms—such as accountants, attorneys, bankers, insurance providers, and financial services—you’ll undoubtedly develop a better understanding for your clients.

Harvard Business Review Family Business Handbook

Author : Josh Baron,Rob Lachenauer
Publisher : Harvard Business Press
Page : 231 pages
File Size : 41,8 Mb
Release : 2021-01-26
Category : Business & Economics
ISBN : 9781633699069

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Harvard Business Review Family Business Handbook by Josh Baron,Rob Lachenauer Pdf

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.

The Palgrave Handbook of Managing Family Business Groups

Author : Marita Rautiainen,Maria José Parada,Timo Pihkala,Naveed Akhter,Allan Discua Cruz,Kajari Mukherjee
Publisher : Springer Nature
Page : 663 pages
File Size : 48,8 Mb
Release : 2022-11-30
Category : Business & Economics
ISBN : 9783031132063

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The Palgrave Handbook of Managing Family Business Groups by Marita Rautiainen,Maria José Parada,Timo Pihkala,Naveed Akhter,Allan Discua Cruz,Kajari Mukherjee Pdf

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.

Generation to Generation

Author : Kelin E. Gersick
Publisher : Harvard Business Press
Page : 316 pages
File Size : 42,5 Mb
Release : 1997
Category : Business & Economics
ISBN : 9780875845555

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Generation to Generation by Kelin E. Gersick Pdf

Generation to Generation will help managers understand the special dynamics & challenges that family businesses face as they move through their life cycles. It explains how to handle succession, & the role of non-family professionals.

Managing Conflict in the Family Business

Author : K. Rhodes,D. Lansky
Publisher : Springer
Page : 130 pages
File Size : 53,5 Mb
Release : 2013-04-29
Category : Business & Economics
ISBN : 9781137321305

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Managing Conflict in the Family Business by K. Rhodes,D. Lansky Pdf

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.

Engaged Ownership

Author : Amelia Renkert-Thomas
Publisher : John Wiley & Sons
Page : 230 pages
File Size : 46,7 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.

Coaching in the Family Owned Business

Author : David A. Lane,Manfusa Shams
Publisher : Routledge
Page : 131 pages
File Size : 41,7 Mb
Release : 2020-09-23
Category : Business & Economics
ISBN : 9780429912054

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Coaching in the Family Owned Business by David A. Lane,Manfusa Shams Pdf

A scholarly work from leading coaching psychologists from all over the world that provides thoughtful analysis of group dynamics, family systems, and psychotherapeutic approach to family business coaching. The book provides both a theoretical groundwork and a practical application of group dynamic issues to family business coaching practices and will be a key reference for family businesses, practitioners, business coaches, researchers, postgraduate students, and coaching professionals.

Asian Business and Management

Author : Harukiyo Hasegawa,Michael A. Witt
Publisher : Bloomsbury Publishing
Page : 277 pages
File Size : 53,8 Mb
Release : 2019-08-28
Category : Business & Economics
ISBN : 9781352007435

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Asian Business and Management by Harukiyo Hasegawa,Michael A. Witt Pdf

The third edition of this core textbook, edited and contributed to by recognised international authorities on the subject, outlines the critical contextual and theoretical issues of business and management in Asia and offers a fresh, topical analysis of management in the major Asian nations. Featuring an accessible two-part structure and updated with the latest research, the book will enable students to assess Asian management systems and the strategies adopted by corporations and governments. The text's thought-provoking teaching and learning tools guide students through a number of the key topics in the field, including globalization, regionalism, corporate social responsibility, ethics, ecological issues, industrial relations and sustainability. This is an ideal textbook for upper-level undergraduates and MBA students studying modules in Asian Business and Management. In addition, it is an essential text for managers and executives seeking a more realistic understanding of business and management in Asia as an evolving adaptive system. Accompanying online resources for this title can be found at bloomsburyonlineresources.com/asian-business-and-management. These resources are designed to support teaching and learning when using this textbook and are available at no extra cost.

Next Generation Success

Author : Anonim
Publisher : Unknown
Page : 128 pages
File Size : 50,8 Mb
Release : 2014-09-01
Category : Electronic
ISBN : 0692267778

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Next Generation Success by Anonim Pdf

Preparing the next generation to inherit the family enterprise is the single most important determinant of a successful generational handoff. It depends significantly on both the senior generation and junior generation taking active roles in the preparation process. Specifically, what can each generation do to help develop the next generation? What does each generation want from the other throughout this journey? These and related questions have been discussed by families from around the world every year since 1997 at the Families in Business program at Harvard Business School. Next Generation Success offers a convenient summary of these rich conversations between senior and junior generation members regarding what each generation can do to help the next generation develop as effective managers, owners and family members. The perspectives of both generations are compared over a 10 year period. Included are Professor John Davis' candid letters to both generations offering wisdom on managing the challenges-and enjoying the rewards-of successfully transitioning the family enterprise to the next generation.

Supporting the Family Business

Author : Manfusa Shams
Publisher : Routledge
Page : 172 pages
File Size : 43,6 Mb
Release : 2021-12-28
Category : Psychology
ISBN : 9781000528336

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Supporting the Family Business by Manfusa Shams Pdf

This fully updated second edition provides evidence-based, solution focused techniques for applying coaching in family business settings. Manfusa Shams has demonstrated the critical connection between coaching skills, family business functions, experiential and reflective learning. Edition updates incorporate material on homeworking, family dynamics, team coaching, online business coaching. Featuring accessible case studies, practical tools and techniques, all chapters showcase how practitioners can learn from the coaching practice and the skills, competencies and experiences needed to provide effective family business coaching. The book particularly emphasises interventions which are compatible with virtual coaching to support family businesses to achieve business goals and to retain their competitive edge. Supporting the Family Business is a valuable guide for the continued professional development of practitioners working with family businesses, as well as members of family businesses seeking new learning and development opportunities.

The SAGE Handbook of Corporate Governance

Author : Thomas Clarke,Douglas Branson
Publisher : SAGE
Page : 681 pages
File Size : 53,6 Mb
Release : 2012-04-16
Category : Business & Economics
ISBN : 9781446263822

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The SAGE Handbook of Corporate Governance by Thomas Clarke,Douglas Branson Pdf

The urgent and sustained interest in corporate governance is unprecedented, with the connections between corporate governance and economic performance being emphasized by the World Bank, the IMF and others in the global economic community. In this timely and definitive intellectual analysis of a key discipline, The SAGE Handbook of Corporate Governance offers a critical overview of the key themes, theoretical controversies, current research and emerging concepts that frame the field. Consisting of original substantive chapters by leading international scholars, and examining corporate governance from an inter-disciplinary basis, the text highlights how governance issues are critical to the formation, growth, financing, structural development, and strategic direction of companies and how corporate governance institutions in turn influence the innovation and development of industrial and economic systems globally. Comprehensive, authoritative and presented in a highly-accessible framework, this Handbook is a significant resource to those with an interest in understanding this important emerging field.

Family Enterprise

Author : The Family Firm Institute, Inc
Publisher : John Wiley & Sons
Page : 192 pages
File Size : 41,5 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