Making Sibling Teams Work The Next Generation

by Mendoza, Drew S.; Astrachan, Joseph H.; Ward, John L.

• ISBN13: 9780230111080
• ISBN10: 0230111084
• Format: Paperback
• Copyright: 2010-12-15
• Publisher: Palgrave Macmillan

Summary

A successful sibling partnership requires enormous dedication and work from all members of the family business. Through pages filled with wisdom, tips, guidelines and experiences, the authors seek to navigate brothers and sisters who work in the family business or who are active owners through the challenges and opportunities while retaining the integrity of the family while serving 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. Joseph H. Astrachan is Wachovia Eminent Scholar Chair of Family Business, Executive Director of the Cox Family Enterprise Center, and one of the founders of the Executive MBA for Families in Business at the Coles College of Business, Kennesaw State University. He is editor of the scientific journal, Journal of Family Business Strategy, and immediate past editor of Family Business Review. Drew S. Mendoza is the Managing Principal of the Family Business Consulting Group, Inc. and was the founding director of the Loyola University Chicago Family Business Center, recognized as a leading think tank on issues unique to business-owning families. 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

Exhibits	p. vii
Introduction: The Crucial Generation	p. 1
The Era of Sibling Partnerships	p. 5
What Makes the Sibling Generation Different	p. 9
The Farsighted Founder	p. 17
In-laws or Outlaws? Making Siblings' Spouses a Part of the Team	p. 29
Building a Healthy Team	p. 39
Creating the Right Environment	p. 51
Choosing a Leader	p. 65
Communication between Team and Parents	p. 75
Remember, It's a Family	p. 79
Preparing for the Next (Cousin) Generation	p. 81
Summary	p. 85
Index	p. 87
The Authors	p. 93
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