Innovation in the Family Business Succeeding Through Generations

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  • Format: Paperback
  • Copyright: 2014-12-02
  • Publisher: Palgrave Macmillan
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Joe Schmieder's book initiates a more definitive conversation about innovation within family businesses. Given the dizzying speed of commerce and the bombardment of data in the business world today, Innovation in the Family Business will contextualize the relevant data and provide a working framework with which readers can innovate their family businesses. The author utilizes the IP from the Family Business Consulting Group team and includes case studies from successful family business ventures such as SC Johnson, Beretta, Mogi (producers of Kikoman), and others. This is the first book to focus on innovation in a family business setting.

Author Biography

Joe Schmieder is a principal consultant of the Family Business Consulting Group, Inc. He has expertise in the areas of sibling groups, strategy, and growth. Schmeider assists family-owned or closely-held organizations to increase their value through the continuous creation of successful new business opportunities. He earned his Masters of International Management degree from the American Graduate School of International Management (Thunderbird), as well as a Bachelor of Science degree from Central Michigan University. Schmeider is trained as a professional opportunity analyst through the new product development system known as Planned Innovation and serves on a number of business and community boards, including: Burke E. Porter Machinery Company (Chairman), Century FloorSpace, Custer Workplace Interiors, Via Design (Treasurer), Mayline Furniture, Juvenile Diabetes Research Foundation (President of W. Michigan Chapter), and Saint Mary's Doran Foundation.

Table of Contents

Introduction – Creating the Future – Leading Through Innovation
1. The Family Difference – Capitalizing on Family Innovation
2. Structured Chaos – Creating a Culture of Innovation
3. Core Offerings – Driving Value with Product and Service Innovations
4. Family Continuity – Applying Innovative Thinking to Succession
5. Family Continuity – Applying Innovative Thinking to Governance
6. Money and Metrics – Funding and Measuring Innovation
7. The Next Generation – Re-Innovating the Family Business
8. Moving Innovation Forward – Concluding Thoughts

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