Description
Book SynopsisThis book provides a framework for understanding family business success and introduces a set of tools that can be used to build "family business champions": firms that continue to excel while transitioning successfully from generation to generation.
Trade Review"Eric Flamholtz and Yvonne Randle's
Building Family Business Champions confronts the challenge of family business succession head on, providing concepts and managerial tools to help achieve this ambitious undertaking. If anyone fully understands the pitfalls of the family business, it's these two. This book delivers a very compelling, in-depth, and practical solution to all things family and business."—Tyler Barth, President, Young Investors Organization
"
Building Family Business Champions offers an innovative new approach to managing family-operated firms. Using in-depth practical examples, it provides a systematic framework for evaluating their success. This book will be of tremendous use to family business practitioners and consultants alike."—Michael Preston, Columbia Business School
Table of Contents1. A Framework for Building Family Business Champions
2. The Evolution of Family Businesses
3. Strategic Planning
4. Organizational Structure and Roles
5. Performance Management
6. Culture Management
7. The Dark Side
8. Leadership
9. Succession
10. Lessons Learned