• Family Enterprises
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Family Enterprises

£125.00
£125.00 £125.00
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This book compiles the wisdom of experienced leaders of family growth companies and those who advise them, focusing on what works to sustain business success without sacrificing family relationship...
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  • 01 March 2015
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Recognition of the power and importance of businesses controlled by family shareholder groups has grown steadily over the past 30 years. Apologies for working in the family business in the 1980s and 1990s have been replaced by public pride on the parts of leaders of family controlled firms for their enduring growth under family control and contributions to all stakeholders in the enterprise. What has been missing from the business literature is a guide to the processes, structures and interventions that assist family-controlled enterprises to sustain continuity of growth, family control and family harmony. This book compiles the wisdom of experienced leaders of family growth companies and those who advise them, focusing on what works to sustain business success without sacrificing family relationships or control. Each of the contributors is grounded in deep management or professional expertise guiding or advising family-controlled enterprises. And each chapter contains clear, practical advice on how to address issues that challenge family firm leaders and their advisers on a regular basis. This new book demonstrates to members of family shareholder control groups, their non-family executives and members of the boards of directors, as well as lawyers and other long-term advisers, that there are ways to address the emotionally powerful issues and challenges that are specific to family controlled enterprises. Many of these proven solutions to the special requirements of leading family firms have broad global applications, assisting them to grow, without sacrificing their culture or strategy.
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Price: £125.00
Pages: 360
Publisher: Globe Law and Business
Imprint: Globe Law and Business
Publication Date: 01 March 2015
ISBN: 9781787420069
Format: eBook
BISACs:

BUSINESS & ECONOMICS / Entrepreneurship, Private client law, BUSINESS & ECONOMICS / Corporate & Business History, Company law, Management & management techniques, Ownership & organization of enterprises
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Gems in this collection make it an excellent companion to the NACD Handbook Series for family business boards.
Preface 7 Richard L Narva Narva & Company Part I. Understanding the power and constraints of family shareholder control groups Entrepreneurship in family firms: reassessing the fascination with success, failure and succession 11 Jennifer Halyk Communications consultant Entrepreneurial family businesses and family entrepreneurs: the unsung heroes of entrepreneurial effort 19 Matt Allen Babson College The entrepreneurial family revisited 27 Ramona Kay Zachary Baruch College, The City University of New York Working with siblings and how to survive them 39 Lucio E Dana Creativity in Business Pty Ltd, trading as Family Business Dynamics Kosmas X Smyrnios RMIT University Australia Thriving once the founder has gone 57 Doug Rauch Conscious Capitalism The power of family 67 Shari Wyner Narva Narva & Company Consulting with a clinician 75 Adam Narva Psychologist Part II. Building human capital to lead family controlled enterprises Characteristics of centennial family companies 85 Ernesto J Poza Thunderbird School of Global Management Understanding paternalistic leadership of family enterprises 101 Dorothy Nebel de Mello Nebel&Mello Consultores Associados and BI International Effective legal representation of family firm clients 115 John L Talvacchia Eckert Seamans Cherin & Mellott, LLC This is not your father’s HR department 127 Joshua A Narva Sonos, Inc Challenges facing the executive coach in a family firm 131 Sunny Stout-Rostron Institute of Coaching at McLean Hospital Part III. Designing family controlled organisation for growth A practitioner’s guide to transferring a family business from one generation to the next 149 Frederic J Marx Hemenway & Barnes LLP Effective family governance in entrepreneurial families 159 Kathrin Phelan Midgley Phelan Family Enterprises, LLC Building for success: better governance today begets a brighter tomorrow 167 Denis Thomas USALCO, LLC One family business’s governance journey 177 Daniel B Hatzenbuehler E Ritter & Co The non-executive chair’s role in maintaining and strengthening the culture of the enterprise 189 Gareth Ackerman Pick N Pay Stores Limited The role of independent directors in family controlled listed enterprises 205 Richard L Narva Narva & Company Part IV. Financing growth and change in family controlled enterprises Shareholder agreements for family controlled businesses: managing the expectations and covering all bases 219 Dara Bachman Timothy Malloy Michael L Mixell Barley Snyder How the best family business owners optimise their financial adviser relationship 237 David C Linton Bigelow LLC Challenges faced by family controlled companies in growing by acquisition 247 Simon Mordant Luminis Partners affiliated with Evercore How to manage the successful disposition of a family firm 255 Charles S Fradin Former family business owner and corporate director Family enterprises and their real estate 265 Janet B Fierman Sheehan, Phinney, Bass + Green PA Part V Afterword 283 Richard L Narva Narva & Company About the authors 285