Description
Book SynopsisThe editors should be commended for developing a Map of the Landscape of Family Business Outcomes. It gives future research direction to the discipline considering both short-term profitability and long-term sustainability. It considers conventional concepts of structure, roles, and rules as well as family/firm processes, the uniqueness of family businesses and the essence of their resilience capacity. There are thought-provoking nuggets for new and seasoned researchers, counselors and advisors, business and executive educators, as well as family business owners.'
- Sharon M. Danes, University of Minnesota, US
The Landscape of Family Business expands upon groundbreaking research to offer owners, consultants, and academics a new holistic way to view family business.
What are the important outcomes in family business? What are the relationships among those outcomes? And, what does an overall pattern of outcome relationships reveal about family business? Based on 12 years of family business research, this book presents answers to these questions in the form of a Map of the Landscape of Family Business. In addition, leading scholars provide reviews and make recommendations to researchers and practitioners about each of the seven clusters revealed in the map - Governance, Performance, Social and Economic Impact, Strategy, Family Dynamics, Family Business Roles, and Succession.
Clear and concise, with a focus on relationships in family business, this insightful book is both an enjoyable and informative read and will prove to be an asset to every bookshelf. Scholars, academics and family business owners and managers are sure to find The Landscape of Family Business an invaluable resource.
Contributors: M. Baù, K.H. Brigham, M.S. Daugherty, G.G. Dess, K. Hellerstedt, F. Hoy, F.W. Kellermanns, G.T. Lumpkin, M. Nordqvist, K. Rosplock, P. Sharma, R.L. Sorenson, L.J. Stanley, K. Wennberg, A. Yu
Trade Review‘The editors should be commended for developing a Map of the Landscape of Family Business Outcomes. It gives future research direction to the discipline considering both short-term profitability and long-term sustainability. It considers conventional concepts of structure, roles, and rules as well as family/firm processes, the uniqueness of family businesses and the essence of their resilience capacity. There are thought-provoking nuggets for new and seasoned researchers, counselors and advisors, business and executive educators, as well as family business owners.’ -- Sharon M. Danes, University of Minnesota Twin Cities, US
Table of ContentsContents: Foreword Harry G. (Paddy) McNeely, III Introduction: The Landscape of Family Business Ritch L. Sorenson, Andy Yu, Keith H. Brigham and G.T. Lumpkin 1. Understanding the Landscape of Family Business Andy Yu 2. Owning Family Governance Within the Two Dimensions of the Family Business Ritch L. Sorenson 3. Performance in Family Business: Financial and Socio-emotional Outcomes Mary Schmid Daugherty 4. Social and Economic Impact of Family Business Keith H. Brigham 5. Strategy in Family Business: Recent Findings and Future Challenges G.T. Lumpkin and Gregory G. Dess 6. Family Business Roles Pramodita Sharma and Frank Hoy 7. Family Dynamics in the Family Business Kirby Rosplock 8. Succession in Family Firms Massimo Baù, Karin Hellerstedt, Mattias Nordqvist and Karl Wennberg 9. A Second Look and Commentary on the Landscape of Family Business Franz W. Kellermanns and Laura J. Stanley Appendix A: The McNeely Landscape Map Appendix B: Empirical Studies from Which the Outcome Variables were Derived for the Yu, Lumpkin, Sorenson and Brigham (2012) Paper Appendix C: List of Participants at the 2010 University of Saint Thomas Landscape of Family Business Conference Index
