Preparing Your Family Business for Strategic Change [Paperback]

Strategies for family firms, unlike those of other businesses, can and should incorporate family factors. Responsible and disciplined strategic integration of family and business goals, strengths and values produces powerful results.PREFACEShorter Life Expectancy of StrategiesThe Family FactorPART I: REACHING YOUR FAMILY BUSINESS' STRATEGIC POTENTIALSorting through Mixed SignalsUnderstanding the Family Business Strategic PathGetting to the Next PhasePART II: DEMYSTIFYING PAST SUCCESSUnleashing Strategy and StructureLoosening Rigid StrategiesMaking Change Part of TraditionPART III: PREVENTING PAST BUSINESS STRATEGY FROM LIMITING FUTURE SUCCESSJust What Business Are You In?Getting Over Resistance to PlanningDeveloping Strategic SkillsMaking Change Less ThreateningPART IV: RESPONDING TO FAMILY AND BUSINESS NEEDSThe Power of Family ValuesReducing Personal Financial and Emotional InsecurityMatching Family Factors with Business StrategyAssessing Risk Tolerance of Family MembersDeveloping StewardshipPART V: STRATEGIC LIBERATION AND RENEWALNew Models for Strategic SuccessionAppreciating Inherent Family Business AdvantagesUnderstanding Inherent Family Business DisadvantagesTurning Disadvantages into AdvantagesWhat Have You Done for the Business Lately?Depersonalizing Disagreements about Succession or StrategyGetting Input from the OutsideConclusions: Getting From Here to ThereAppendix: Exhibits of Financial Performance Over the Family Business Strategic PathIndex

'While each volume contains helpful 'solutions' to the issues it covers, it is the guidance on how to tackle the process of addressing the different issues and the emphasis on the benefits which can stem from the process itself which make the Family Business Leadership Series of unique value to everyone involved in a family business - not just the owners.' - David Grant, Director (retired), William Grant & Sons Ltd. (Distillers of fine Scotch)

'These books deserve a place in every businlS4