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The Two Sides of the Business Family

- Governance and Strategy Across Generations
Af: Arist von Schlippe, Tom A. Rusen, Torsten Groth Engelsk Paperback

The Two Sides of the Business Family

- Governance and Strategy Across Generations
Af: Arist von Schlippe, Tom A. Rusen, Torsten Groth Engelsk Paperback
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This book focuses on a central success factor for family businesses: maintaining the decision-making ability over generations while not jeopardizing the business due to family conflict, inefficient governance structures, or lack of identification. The authors identify that this is not as easy as the endeavor to bring two social systems together with contradicting logic (family and business) leads to many dangerous pitfalls. 
This book presents outcomes of a unique research project in which family managers of eleven of the oldest and largest German family businesses, at least the fourth generation, met for more than three years on a regular basis and presented the essence of their family governance structures to each other and to the authors. It was a joint "learning journey" that admits identifying twelve core questions that these families had been answering to keep up the relationship between family and business successfully over generations. Obviously, there is no "right" answer to these questions. The key to success is rather engaging the families in a process to find out their own answers and make them aware of the "two sides": being a family is different from being a business family.
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This book focuses on a central success factor for family businesses: maintaining the decision-making ability over generations while not jeopardizing the business due to family conflict, inefficient governance structures, or lack of identification. The authors identify that this is not as easy as the endeavor to bring two social systems together with contradicting logic (family and business) leads to many dangerous pitfalls. 
This book presents outcomes of a unique research project in which family managers of eleven of the oldest and largest German family businesses, at least the fourth generation, met for more than three years on a regular basis and presented the essence of their family governance structures to each other and to the authors. It was a joint "learning journey" that admits identifying twelve core questions that these families had been answering to keep up the relationship between family and business successfully over generations. Obviously, there is no "right" answer to these questions. The key to success is rather engaging the families in a process to find out their own answers and make them aware of the "two sides": being a family is different from being a business family.
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Produktdetaljer
Sprog: Engelsk
Sider: 246
ISBN-13: 9783030602024
Indbinding: Paperback
Udgave:
ISBN-10: 3030602028
Kategori: Selvstændige, Små og mellemstore virksomheder
Udg. Dato: 6 jan 2022
Længde: 0mm
Bredde: 155mm
Højde: 235mm
Forlag: Springer Nature Switzerland AG
Oplagsdato: 6 jan 2022
Forfatter(e): Arist von Schlippe, Tom A. Rusen, Torsten Groth
Forfatter(e) Arist von Schlippe, Tom A. Rusen, Torsten Groth

Kategori Selvstændige, Små og mellemstore virksomheder

ISBN-13 9783030602024

Sprog Engelsk

Indbinding Paperback

Sider 246

Udgave

Længde 0mm

Bredde 155mm

Højde 235mm

Udg. Dato 6 jan 2022

Oplagsdato 6 jan 2022

Forlag Springer Nature Switzerland AG