Preparing Your Family Business for Strategic Change (Family business leadership series) [Paperback]

John L. Ward Craig E. Aronoff (Author)

Book Description

Series: Family business leadership series | Publication Date: August 1997

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. Growth, market and technological advances, and increased competition have made strategic planning a much more crucial process for family firms. Particularly critical during generation transitions, significant strategic change is now likely to be required as many as five times during the tenure of new family business leaders. In Preparing Your Family Business For Strategic Change, you'll learn: * How to reach your family business's strategic potential * How to ensure that your family enterprise stays strategically fresh * How to demystify past success * How to make change your tradition * How to prevent past successes from limiting future ones * How family values and passions can promote strategic business strengths * How to recognize and use your family business's advantages * How to overcome family business disadvantages * How to depersonalize successes to benefit the business and the family * How to create a strategic culture Creating and implementing successful family business strategy is no abstract planning process. It requires family business leaders to understand the real reasons for success, to create a culture of change, and to manage incremental strategic experiments in ways that consistently stimulate strategic thinking. Preparing Your Family Business For Strategic Change shows you how.

Editorial Reviews

Review

'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 business-owning family's library' - Leon Danco, Cleveland, OH 'I think the Family Business Leadership Series books are excellent. They are extremely concise and practical, and they have the information you need.' - Gigi Cohen, EVP, Magid Glove & Safety Mfg. Co., LLC, Chicago, IL --This text refers to an alternate Paperback edition.

About the Author

Craig E. Aronoff is Co-founder, Principal Consultant, and Chairman of the Board of the Family Business Consulting Group, Inc., the founder of the Cox Family Enterprise Center and current Professor Emeritus at Kennesaw State University. He invented and implemented the membership-based, professional-service-provider sponsored Family Business Forum, which has served as a model of family business education for universities world-wide.

 

John L. Ward is Co-founder of the Family Business Consulting Group Inc. He is Clinical Professor at the Kellogg School of Management and teaches strategic management, business leadership and family enterprise continuity.

--This text refers to an alternate Paperback edition.

Product Details

• Paperback: 60 pages
• Publisher: Business Owner Resources (August 1997)
• Language: English
• ISBN-10: 0965101193
• ISBN-13: 978-0965101196
• Product Dimensions: 8.8 x 5.8 x 0.3 inches
• Shipping Weight: 5.6 ounces
• Amazon Best Sellers Rank: #2,385,260 in Books (See Top 100 in Books)