Challenges and Issues in Managing Family Firms (Classic Reprint)
Language: English
Published by Forgotten Books, 2024
- Softcover
- New
Seller: Forgotten Books, London, United KingdomForgotten Books
AbeBooks seller since June 2, 2021
Condition: New
£ 13.27
Quantity: Over 20 available
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Print on Demand. This book explores the unique challenges faced by family-owned and managed businesses, which account for the majority of private enterprises globally and a notable number of Fortune 500 companies. It delves into the tensions between family and business interests, examining issues such as succession planning, training for family members, and the dynamics of family relationships in a business context. The author draws upon in-depth interviews and consulting experiences to highlight the critical role of the founder in shaping the legacy of the firm, balancing family values with business goals. The book also explores the dilemmas faced by founders in delegating authority, perpetuating values, and resolving conflicts between family and non-family members. It emphasizes the need for explicit reward criteria, effective communication, and conflict resolution mechanisms to ensure the continuity and success of family businesses. Ultimately, this book provides valuable insights into the intricate relationship between family and business, offering guidance for owners and managers on navigating the unique challenges and opportunities of family firms. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book.…
Seller Inventory # 9781334776205_0
- Title
- Challenges and Issues in Managing Family Firms (Classic Reprint)
- Author
- Richard Beckhard, W. Gibb Dyer Jr.
- Publisher
- Forgotten Books
- Publication year
- 2024
- Condition
- New
- Book Type
- print-on-demand item
- Binding
- Paperback
- Language
- English
- ISBN 10
- 1334776202
- ISBN 13
- 9781334776205
- Seller catalogs
- Audits and Surveys
The second issue concerns how the assets of the business will be shared within the family. Most family members want their fair share of the assets. If the family perceives some inequity in the distribution of the assets conflict will often result. How the founder goes about dividing assets is generally more important than the final outcome if the family is to avoid conflict. The founder must decide if he should make the decisions regarding the division of the assets alone, or should he consult his family and others. The correct decisions and the process for deciding the distribution of assets cannot be identified easily. It depends on such factors as family tradition, the number of family members involved, and the nature of the family relationships.
The founder must also deal with many other sensitive questions such as.
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
"Synopsis" may belong to another edition of this title.
About the Author
W. Gibb Dyer, Jr. is the O. Leslie Stone Professor of Entrepreneurship and the academic director of the Center for Economic Self-Reliance in the Marriott School of Management at Brigham Young University.
Jeffrey H. Dyer is the Horace Beesley Professor of Strategy at the Marriott School, Brigham Young University, where he is the chair of the business strategy group.
"About the title" may belong to another edition of this title.
Forgotten Books
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Forgotten Books’ Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the quality of the aged text.
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Forgotten Books publishes hundreds of thousands of rare and classic books.
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
This text has been digitally restored from a historical edition. Some errors may persist, however we consider it worth publishing due to the work's historical value.
The digital edition of all books may be viewed before purchase if you request a sample.
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