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9780230111004

Family Business Succession The Final Test of Greatness

by ; ;
  • ISBN13:

    9780230111004

  • ISBN10:

    0230111009

  • Edition: Reprint
  • Format: Paperback
  • Copyright: 2010-12-15
  • Publisher: Palgrave Macmillan
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Supplemental Materials

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Summary

Preparing to pass the family business on to the next generation is perhaps the roughest and most critical challenge facing business owners. Yet most businesses don't realize that succession is a lifelong process of planning and management. Leaders will learn how to create a succession plan; how to develop opportunities for succession candidates; how to build consensus with the family and leaders on succession plans; and when and how to let go of their own role in the business.

Author Biography

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. Stephen L. McClure is a Principal Consultant at the Family Business Consulting Group, Inc, and specializes in family communications and decision making, succession planning and implementation, and governance and management in family firms. 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.

Table of Contents

Exhibitsp. vii
Introduction: The Final Test of Greatnessp. 1
The Pieces of the Succession Puzzlep. 13
The CEO's Personal Challenge: Preparing for a New Lifep. 19
Preparing Your Business for Successionp. 27
Developing Effective Successorsp. 33
Preparing the Family for a Successful Transitionp. 51
Preparing the Responsible Owner Teamp. 57
The Evolving Roles of Leader and Successorp. 61
Implementing Successionp. 73
Understanding Family Tensionsp. 81
Other Pitfalls: Where Are You Most Likely to Stumble?p. 85
Summaryp. 89
Appendicesp. 93
Indexp. 101
The Authorsp. 103
Table of Contents provided by Ingram. All Rights Reserved.

Supplemental Materials

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The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any access cards, study guides, lab manuals, CDs, etc.

The Used, Rental and eBook copies of this book are not guaranteed to include any supplemental materials. Typically, only the book itself is included. This is true even if the title states it includes any access cards, study guides, lab manuals, CDs, etc.

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