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Author: Ivan Lansberg
Publisher: Harvard Business Press
ISBN: 0875847420
Category : Business & Economics
Languages : en
Pages : 396
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Book Description
Finding the right successor to a well-loved founder or president is often the most difficult task an organization faces-and the challenge is even greater for family-run businesses. From mom-and-pop grocery stores to vast multinationals, family-owned companies dominate the worldwide business landscape, yet surprisingly few are successfully passed down from one generation to the next, and fewer still reach the third generation intact. Author Ivan Lansberg, an organizational psychologist who grew up in a family business, explores the reasons behind this high failure rate, and reveals the conditions that allow family businesses to endure through the generations. Family enterprises are highly personal, says Lansberg, and many elaborate succession plans are thwarted because deeper psychological factors are overlooked. Lansberg stresses the need for families to share a common "dream" for their company, much like a business has a unified mission. Succeeding Generations helps us to understand all aspects-the practical and the emotional-of the succession process, as Lansberg offers advice on how to mentor successors, how to set up a systematic selection process, and how to make the best use of the board of directors during times of transition. He also provides the first clear assessment of the different options, from direct successions between a parent and a single appointed heir to more complex partnerships between siblings and cousins. With a wealth of examples from companies in the U.S., Europe, and Latin America, Succeeding Generations provides a thoughtful and comprehensive look at the sensitive dynamics of leadership succession in family businesses. Planning for continuity is a life-long process for families in business, and Succeeding Generations is the first book to provide in-depth answers to the questions that arise at every stage in the evolution of the family firm.
Author: Ivan Lansberg
Publisher: Harvard Business Press
ISBN: 0875847420
Category : Business & Economics
Languages : en
Pages : 396
Get Book Here
Book Description
Finding the right successor to a well-loved founder or president is often the most difficult task an organization faces-and the challenge is even greater for family-run businesses. From mom-and-pop grocery stores to vast multinationals, family-owned companies dominate the worldwide business landscape, yet surprisingly few are successfully passed down from one generation to the next, and fewer still reach the third generation intact. Author Ivan Lansberg, an organizational psychologist who grew up in a family business, explores the reasons behind this high failure rate, and reveals the conditions that allow family businesses to endure through the generations. Family enterprises are highly personal, says Lansberg, and many elaborate succession plans are thwarted because deeper psychological factors are overlooked. Lansberg stresses the need for families to share a common "dream" for their company, much like a business has a unified mission. Succeeding Generations helps us to understand all aspects-the practical and the emotional-of the succession process, as Lansberg offers advice on how to mentor successors, how to set up a systematic selection process, and how to make the best use of the board of directors during times of transition. He also provides the first clear assessment of the different options, from direct successions between a parent and a single appointed heir to more complex partnerships between siblings and cousins. With a wealth of examples from companies in the U.S., Europe, and Latin America, Succeeding Generations provides a thoughtful and comprehensive look at the sensitive dynamics of leadership succession in family businesses. Planning for continuity is a life-long process for families in business, and Succeeding Generations is the first book to provide in-depth answers to the questions that arise at every stage in the evolution of the family firm.
Author: Kelin E. Gersick
Publisher: Harvard Business Press
ISBN: 087584555X
Category : Business & Economics
Languages : en
Pages : 316
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Book Description
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.
Author:
Publisher:
ISBN: 9780692267776
Category :
Languages : en
Pages :
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Book Description
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.
Author: Leon Feinstein
Publisher: Routledge
ISBN: 1134155573
Category : Education
Languages : en
Pages : 385
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Book Description
Why it is that success, deprivation or disadvantage are so often passed down intergenerationally? What part does education play? The educational achievement of parents is often reflected in that of their children and there are many underlying causes for such a relationship. Education and the Family argues that government policy has an important role to play in addressing this inequality even though many of the causes lie within the home. Although each child should be supported to achieve his or her objectives, differences in the willingness or capabilities of families to take advantage of educational opportunities exacerbate social class differences and limit actual equality of opportunity for many. Understanding the causes of this transmission is key to tackling both social class inequality and to expanding the skill base of the economy. By providing an overview of academic and policy thinking in relation to the role of the family, this book explores the educational success of children. It focuses on the education of the parents but also considers how the family - compared to wider, external influences such as schools - is a driver of differences in educational outcomes. It concludes with a consideration of what policy-makers are attempting to do about this key issue and why, and how this will impact on schools and teachers. This book will interest researchers and academics in education and social policy, as well as teachers and other education and social policy practitioners.
Author: Robert Haveman
Publisher: Russell Sage Foundation
ISBN: 1610442784
Category : Social Science
Languages : en
Pages : 344
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Book Description
Drawn from an extensive two-decade longitudinal survey of American families, Succeeding Generations traces a representative group of America's children from their early years through young adulthood. It evaluates the many background factors that are most influential in determining how much education children will obtain, whether or not they will become teen parents, and how economically active they will be when they reach their twenties. Succeeding Generations demonstrates how our children's future has been placed at risk by social and economic conditions such as fractured families, a troubled economy, rising poverty rates, and neighborhood erosion. The authors also pinpoint some significant causes of children's later success, emphasizing the importance of parents' education and, despite the apparent loss of time spent with children, the generally positive influence of maternal employment. Haveman and Wolfe supplement their research with a comprehensive review of the many debates among economists, sociologists, developmental psychologists, and other experts on how best to improve the lot of America's children. "A state-of-the-art investigation of the determinants of children's success in the United States....Clearly written, highly readable, and compelling."—Contemporary Sociology "Haveman and Wolfe are professors of economics who bring sophisticated statistical and econometric techniques to the analysis of the economic and educational success of children as they progress into young adulthood."—Choice "This study is one of the most comprehensive of its kind, in part because the researchers collected detailed information about a wide range of children each year for more than two decades." —Wisconsin State Journal "The research at the core of this book addresses critically important questions in social science...an important contribution to the literature." —Robert Plotnick, University of Washington
Author: Josh Baron
Publisher: Harvard Business Press
ISBN: 1633699064
Category : Business & Economics
Languages : en
Pages : 231
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Book Description
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.
Author: Lindsey Pollak
Publisher: HarperCollins
ISBN: 0062880233
Category : Business & Economics
Languages : en
Pages : 304
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Book Description
A Wall Street Journal and Financial Times book of the month Millennials have become the largest generation in the U.S. workforce, and Generation Z workers are right behind them. Leaders and organizations must embrace the new ways of working that appeal to the digital-first generations, while continuing to appeal to Baby Boomers and Generation X, who will likely remain in the workforce for decades to come. Within any organization, team, meeting, or marketing opportunity, you will likely find any combination of generations, each with their own attitudes, expectations, and professional styles. To lead and succeed in business today, you must adjust to how Millennials work, continue to accommodate experienced colleagues and pay attention to the next generations coming up. The Remix shows you how to adapt and win through proven strategies that serve all generations’ needs. The result is a workplace that blends the best of each generation’s ideas and practices to design a smarter, more inclusive work environment for everyone. As a leading expert on the multigenerational workplace, Lindsey Pollak combines the most recent data with her own original research, as well as detailed case studies from Fortune 500 companies and other top organizations. Pollak outlines the ways businesses, executives, mid-level managers, employees, and entrepreneurs can tackle situations that may arise when diverse styles clash and provides clear strategies to turn generational diversity into business opportunity. Generational change is impacting all industries, all types of organizations, and all leaders. The Remix is an essential guide for anyone looking to navigate today’s multigenerational workplace, which is more diverse and varied than ever before.
Author: Rohin Shahi
Publisher:
ISBN: 9781641373555
Category : Business & Economics
Languages : en
Pages : 184
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Book Description
Innovative, young, and ambitious, Generation Z is ready to make an impact on the world. But they are far different from past generations, and business leaders need to adjust their workplace practices to help this new group of workers succeed. The Z Factor: How to Lead Gen Z to Workplace Success centers around a generation that many professionals don't even have on their radar. Gen Zers, born in 1997 and beyond, are bringing unique skills, values, and mindsets to work. Author Rohin Shahi noticed that many think Gen Zers are simply "millennials on steroids." As a Gen Zer himself, he wanted to shed light on a generation that has been largely mislabeled and stereotyped. You will love this book if you are curious about this newest group of workers, whether you're a Gen Zer yourself or an experienced business leader who wants to create a welcoming, sustainable and growth-oriented culture for the next generation of workers. Drawing from experienced industry psychologists, recent studies, and personal insight, Shahi provides a simple approach to bridging generational gaps and helping Gen Z grow and thrive.
Author: Chetan Walia
Publisher: Createspace Independent Publishing Platform
ISBN: 9781720562849
Category :
Languages : en
Pages : 50
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Book Description
Perpetuating the family business. What lies at the root of failure of the family enterprise? 97% of family owned businesses fail to make it beyond the third generation. The white paper examines the reasons, the global viewpoint and provides solutions to the impending problem.
Author: Jennifer Abrams
Publisher: Corwin Press
ISBN: 145221882X
Category : Business & Economics
Languages : en
Pages : 161
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Book Description
Collaboration between professionals of all generations is an essential factor in school success. What do Boomers need from younger generations? What do GenXers and Millennials have to offer Boomers? Each generation wants to contribute and to feel empowered. The youngest generation wants an equal voice; Boomers want to leave a legacy; GenXers want to make a difference. This book, based on a very popular workshop that Abrams has presented across the U.S. and Canada, will address how all educators can look through a generational filter to be more effective communicators, teachers and administrators; to help retain those who may be more easily frustrated at their lack of immediate success; and to plan for succession by future generations of leaders. Concrete tools are key elements of the book, helping readers to define the generations and their needs, to identify themselves on the continuum, and to plan ways to bridge generational differences.
