Succeeding Generations is popular PDF and ePub book, written by Ivan Lansberg in 1999, it is a fantastic choice for those who relish reading online the Family-owned business enterprises genre. Let's immerse ourselves in this engaging Family-owned business enterprises book by exploring the summary and details provided below. Remember, Succeeding Generations can be Read Online from any device for your convenience.
Succeeding Generations Book PDF Summary
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.
Detail Book of Succeeding Generations PDF
- Author : Ivan Lansberg
- Release : 02 July 1999
- Publisher : Harvard Business Press
- ISBN : 9780875847429
- Genre : Family-owned business enterprises
- Total Page : 396 pages
- Language : English
- PDF File Size : 18,5 Mb
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