• Sustaining Family Enterprise
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Sustaining Family Enterprise

£144.00
£144.00 £144.00
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This second volume is intended to provide sustenance to those stakeholders committed to the core objectives presented in the title to the first book. It addresses ongoing issues facing both family ...
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  • 01 November 2016
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Most people have a straightforward vision of the perfect family business. First, they hope for continued strengthening of the company’s financial and market position so it can support the lifestyle and needs of family members, from generation to generation. Secondly, they wish for family harmony. But life gets in the way. Sometimes family members’ short-term or individual needs can overwhelm the needs of the business. In other cases, family members strongly disagree on the strategic direction, or even on the day-to-day management of the business. These family conflicts, when acted out on the stage of the family controlled enterprise, can seem insurmountable. This new book is a follow up companion guide to Family Enterprises: How to Build Growth, Family Control and Family Harmony. The first volume features chapters written and edited by experts from many disciplines and located across the globe to provide the architecture for enduring, continuing family controlled enterprises. This second volume is intended to provide sustenance to those stakeholders committed to the core objectives presented in the title to the first book. It addresses ongoing issues facing both family shareholder control groups and the enterprises they control that surface in ongoing, mature, successful endeavours. The audience for this book is the owners, directors, managers of, and advisers to, family-controlled enterprises and the families that control them. It assumes that such enterprises have been launched – or at least renewed – as expressly family controlled businesses, or other enterprises.
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Price: £144.00
Pages: 239
Publisher: Globe Law and Business
Imprint: Globe Law and Business
Publication Date: 01 November 2016
ISBN: 9781787420571
Format: eBook
BISACs:

LAW, Corporate, Private client law, Company law
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Preface 5 Richard L Narva Narva & Company LLC Part I. Understanding the power and constraints of family issues in family enterprises Managing intergenerational expectations, responsibilities and relationships in a family enterprise 7 Emily F Abrams Narva & Company LLC Louis Turchetta Strategic Psychological Services Family values: the soul of family business 15 Thomas Hubler Hubler for Business Families Inc Culture and ethnicity in family enterprises 25 Everett Moitoza Moitoza Consulting Crossing cultural boundaries: the duties of Chinese successors to their family controlled enterprises 45 Anna Xia Market Ignition Group & Advisory LLC Ushering out a family business founder who doesn’t want to leave 57 Christian W Dame Interim Executive Solutions LLC Part II. Building the ability to lead family controlled enterprises Optimising the advent of non-family executive management in family firms 63 George P Bukuras Milestone Business Advisors LLC Transformation and tradition: transitioning to a non-family leader at the family firm 77 Roger Patkin Next Generation Group Family governance: questions and answers 93 Daisy Medici GenSpring Family Offices Awareness and action: transforming a family business via family enterprise and vertical leadership 105 Greg McCann McCann & Associates Leading from the self 121 Robert Goodman RGoodman Associates LLC Creating a strong leadership team 137 Ann Lindsey Lindsey Leadership Consulting Part III. Solving problems of sustainability Mediating family business disputes: a primer for clients, family business advisers and other professionals 147 David A Hoffman Boston Law Collaborative LLC Family business turnarounds: non-financial fixes are the key 163 Gerald Sherman Pathway Advisors LLC Family enterprise guide to major mental illness 181 Eugene J Fierman Commonwealth Medical Psychiatry Associates Janet B Fierman Sheehan Phinney Bass & Green PA Assessing going-concern risk in family enterprises 199 Patricia A Frishkoff Leadership In Family Enterprise LLC Special issues in strategic planning in family controlled enterprises 211 Julian E Lange Babson College Mindfulness and the management of family business stress 221 Thomas Hubler Hubler for Business Families Inc Part IV Afterword 229 Richard L Narva Narva & Company LLC About the authors 233