SHIFT your Family Business

SHIFT your Family Business PDF Author: Steve Legler
Publisher: FriesenPress
ISBN: 1460249674
Category : Business & Economics
Languages : en
Pages : 93

Get Book

Book Description
SHIFT your Family Business was written for anyone who has ever worked in a family business or been part of a business family. Steve Legler grew up in one such family, and married into another, and in this, his first book, he examines the challenges that business families face, and gives readers lots of insights and ideas to help them face and overcome those challenges. Since clear, frequent, and open communication is the key to getting out of difficult situations, he walks readers through the steps of: (1) getting important conversations Started (2) getting Help from others to facilitate the discussions (3) Investing the time and effort necessary to gain the momentum to keep going (4) remaining Flexible with all their ideas and plans (5) Talking everything out to gain as much understanding and consensus as possible. He concludes with some thoughts that demystify governance, and invites business families to take on a "family office" mindset to stay focused and on track. SHIFT your Family Business is all about helping business families create the harmony they need to support the legacy they want.

SHIFT your Family Business

SHIFT your Family Business PDF Author: Steve Legler
Publisher: FriesenPress
ISBN: 1460249674
Category : Business & Economics
Languages : en
Pages : 93

Get Book

Book Description
SHIFT your Family Business was written for anyone who has ever worked in a family business or been part of a business family. Steve Legler grew up in one such family, and married into another, and in this, his first book, he examines the challenges that business families face, and gives readers lots of insights and ideas to help them face and overcome those challenges. Since clear, frequent, and open communication is the key to getting out of difficult situations, he walks readers through the steps of: (1) getting important conversations Started (2) getting Help from others to facilitate the discussions (3) Investing the time and effort necessary to gain the momentum to keep going (4) remaining Flexible with all their ideas and plans (5) Talking everything out to gain as much understanding and consensus as possible. He concludes with some thoughts that demystify governance, and invites business families to take on a "family office" mindset to stay focused and on track. SHIFT your Family Business is all about helping business families create the harmony they need to support the legacy they want.

Your Business, Your Family, Your Legacy

Your Business, Your Family, Your Legacy PDF Author: George A Isaac
Publisher:
ISBN: 9781986796781
Category :
Languages : en
Pages : 240

Get Book

Book Description
Whether you are an experienced family business or family office executive, board member, owner, or next-generation family member, George Isaac has written the definitive handbook on the challenges of managing a multi-generational family enterprise. His 5-star "Amazon's #1 New Release" rated book* discusses best practices for all of the key issues associated with family businesses. As a professional consultant, board member, speaker, and prior third-generation CEO, Isaac has been helping families start, build, transition, and maintain their enterprises for more than forty years. Using real-world experiential examples full of case studies, best practices, suggested operating policies, and implementation checklists, Isaac introduces - Seven essential initiatives for business survival and growth - Techniques to navigate family dynamics and prevent and manage conflict - Strategies for establishing effective family and business governance - A road map to forming and executing a workable (and living) succession plan - Practical approaches to multigenerational family and business wealth management - Training on understanding and analyzing financial statements for non-financially oriented family members. - Tips for preparing the next generation for success, in or outside of the family business. Avoid the pitfalls and traps that keep most family businesses from surviving past the current generation. Build a multigenerational family business legacy that lasts with this indispensable guide. *Amazon's "#1 New Release" Ratings recognized for: - Corporate Governance - Business Conflict Resolution & Mediation - Organizational Change - Strategy & Competition

The Enduring Legacy

The Enduring Legacy PDF Author: Lance Woodbury
Publisher:
ISBN: 9780983729631
Category : Business & Economics
Languages : en
Pages : 160

Get Book

Book Description
Twenty-five essays on the dynamics of family-owned businesses with a focus on the values that leave a lasting legacy.

Harvard Business Review Family Business Handbook

Harvard Business Review Family Business Handbook PDF Author: Josh Baron
Publisher: Harvard Business Press
ISBN: 1633699064
Category : Business & Economics
Languages : en
Pages : 231

Get Book

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.

When Family Businesses are Best

When Family Businesses are Best PDF Author: R. Carlock
Publisher: Springer
ISBN: 0230294510
Category : Business & Economics
Languages : en
Pages : 322

Get Book

Book Description
The authors explore how effective planning and communication helps business families around the world address growth challenges as they strive to become high performing multi-generation family enterprises. This book shows family businesses working together at their best.

Strategic Planning for The Family Business

Strategic Planning for The Family Business PDF Author: R. Carlock
Publisher: Springer
ISBN: 0230508758
Category : Business & Economics
Languages : en
Pages : 289

Get Book

Book Description
Family business planning has traditionally centered on two issues - estate planning and succession. These goals are far too limited for today's family firm. Business families want to turn the business into not only a tool for profit, but for self-expression, innovation and legacy. The authors introduce the new concept of the Parallel Planning Process, explaining how to integrate the needs and expectations of the family and business systems in order to create an organic and entrepreneurial unit. Planning and decision making templates are included as well as studies of well-known family businesses.

Interdependent Wealth

Interdependent Wealth PDF Author: Steve Legler
Publisher:
ISBN: 9781097309092
Category :
Languages : en
Pages : 194

Get Book

Book Description
In 2014, as SHIFT your Family Business came out, Steve began hearing about Bowen Family System's Theory, and that it could be useful when working with business families and families of wealth. Curious, he searched for THE book to explain how and why this was true.Unable to find that book, he embarked instead on learning first hand, through Bowen Systems training programs. Five years later, he has written the book he sought in vain. His goal is to help enterprising family leaders and their successors develop a shared vision to sustain their wealth and legacy beyond the next generation.They say the best way to learn something is to teach it to someone else. In many ways teaching is a better forum for this material, because with a teacher-student relationship, there is give and take, so you can quickly adjust when you notice that you are not coming across the way you hoped. Writing a book is less forgiving, so the challenge is bigger, but I'm up for it.The other reason that now is the time for this book is that while I am by no means a BFST expert, I am at a point where I have learned quite a bit, yet I still remember what it's like to be brand new at this. I remember what it was like to read Murray Bowen's words and shake my head and wonder, and then think I understood, and then realize I still didn't get it. I remember what it was like to say "wow" after hearing faculty members explain things. I'll try to share those important stories when they are useful to understanding the material.I come from a business family and married into another business family, and I've learned about serving business families and had my calling here. I immersed myself in courses and training programs in coaching, mediation and facilitation, and then leapt into the deep end of Bowen Family Systems Theory training in 2014 for four years. I am not afraid to offer my opinion.This is not a book by a BFST expert, and it is not a "how to" book by any stretch of the imagination. If people read it and feel like they learned something useful, I will consider it a job well done.

Family Business Succession

Family Business Succession PDF Author: C. Aronoff
Publisher: Springer
ISBN: 1137512083
Category : Business & Economics
Languages : en
Pages : 104

Get Book

Book Description
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.

Myths and Mortals

Myths and Mortals PDF Author: Andrew Keyt
Publisher: John Wiley & Sons
ISBN: 1118928962
Category : Business & Economics
Languages : en
Pages : 224

Get Book

Book Description
Establish credibility as the new family business leader Myths & Mortals, Family Business Leadership and Succession Planning provides insights and strategies for successors of family businesses. Successors often find themselves in the shadow of their parents making it difficult to establish credibility in the family business and tap into their own strengths. The stress of emulating a parent begins to clash with who they are and who they want to be as a leader. Written by internationally known business strategist and succession planning expert Andrew Keyt, this guide shows you how to establish credibility, take your place at the head of the table, and run your business your way. In groundbreaking research, Keyt interviewed more than 25 successors of family business legends including Massimo Ferragamo, Bill Wrigley Jr., Christie Hefner, and John Tyson to find out how they overcame the challenges successors commonly face.The analysis from that study formed the basis for the strategies presented here—to help you win the loyalty of those stuck in the old way of doing business, and still focused on their former leader's vision. You'll learn how to take charge without sacrificing your own leadership style, and how to get everyone on board with your vision for the business. Growing up in the shadow of legendary family business leaders creates a unique challenge for successors to the leadership position. You cannot remove the emotional power of family dynamics from the business, but you can change how you choose to react to it. To be successful, you need to create a sense of identity and credibility, and step out of the shadows of your forbears. This guide provides strategies for doing just that, so you can take the reins and be the effective leader your business needs. Overcome the obstacles successors commonly face Win over those still loyal to their former leader Build your own credibility, separate from your parents Develop your own leadership style and do business your way Credibility is elemental to business leadership, but establishing that credibility is the successor's biggest challenge. Myths & Mortals, Family Business Leadership and Succession Planning helps you plan around the obstacles and avoid common missteps so you can lead more effectively right out of the gate.

Generation to Generation

Generation to Generation PDF Author: Kelin E. Gersick
Publisher: Harvard Business Press
ISBN: 087584555X
Category : Business & Economics
Languages : en
Pages : 316

Get Book

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.