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Bibliographic Details

Title

Succeeding Generations: Realizing the Dream of Families in Business

Publisher

Harvard Business Review Press

Publication Date

1999

Language

English

ISBN 10

0875847420

ISBN 13

9780875847429

Binding

hardcover

Edition

First Edition.

Condition

Good

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About this title

Synopsis

Finding the right successor to a well-loved founder or president is often the most difficult task an organization can face—and the challenge can be even greater for family-run businesses. Succeeding Generations explores leadership transitions in family businesses, offering a clear-eyed assessment of the different options, from direct succession to building partnerships between siblings and cousins.

Family-owned companies may 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, examines the reasons behind this high failure rate and reveals the factors that contribute to long-term success. He offers practical 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.

With a wealth of examples from companies in the United States, Europe, and Latin America, Succeeding Generations provides a thoughtful and comprehensive look at the sensitive dynamics of leadership succession in family businesses.

About the Author

Ivan Lansberg, a coauthor of Generation to Generation, is a principle of Lansberg, Gersick and Associates and cofounder of the Family Firm Institute.

"About this title" may belong to another edition of this title.

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