Family Wealth Continuity

Author: David Lansky
Publisher: Springer
ISBN: 1137576391
Size: 51.92 MB
Format: PDF
View: 385
Most family business owners and wealth creators share an important vision: perpetuating family and wealth for many generations to come. To ensure wealth continuity, many families put into place various structures, plans, and processes, including estate plans (which may include multiple trusts), ownership succession plans, governance structures/strategies, and others. These sometimes-elaborate plans are aimed at preserving family wealth. In reality, for many families, they don’t. In fact, it has been estimated that a majority of estate plans in place fail, largely as a result of family conflict or communication problems. Author David Lansky reveals here that too many one-size-fits-all and elaborate continuity plans fail to take into account the idiosyncratic family factors that can interfere with continuity planning. Lansky details further how building the right foundation will help families implement the best continuity plans. Addressing that foundation effectively includes understanding the building blocks that make it up, assessing their strengths, and developing strategies to improve them. The specific building blocks include:• Learning Capacity • Familyness • Safe Communication Culture • Commitment to Personal Development• Effective Leadership of Change While richly informative, this book is not intended as a training manual, but rather as a starting point for important ideas and conversations. In fact, the goal of this book is to help families consider several related factors that go into a foundation for continuity, and to build more effective continuity plans and strategies based on their assessments.

Family Business Ownership

Author: C. Aronoff
Publisher: Springer
ISBN: 0230116027
Size: 33.74 MB
Format: PDF, Mobi
View: 1250
Ownership in a family business can be a rewarding and important role. It means stewardship, protection and nurturing the family business. As a guide for shareholders, this book will develop understanding and insight into the role of becoming more valuable as an owner, not just financially, but intellectually and emotionally as well.

Family Wealth Management

Author: Mark Haynes Daniell
Publisher: John Wiley & Sons
ISBN: 0470824298
Size: 68.21 MB
Format: PDF, ePub, Mobi
View: 4366
Discusses how to establish a clear family vision and a sound wealth management strategy, how to create a practical investment framework, and how to set a long-term strategy to produce the desired results.

Family Business As Paradox

Author: A. Schuman
Publisher: Springer
ISBN: 0230291767
Size: 50.61 MB
Format: PDF, ePub
View: 261
Rather than having to choose between the family and the business, the authors argue that if family-owned businesses can consciously manage and over time, perhaps, synthesize these contradictions, the Family Enterprise will have a long-term strategic and competitive advantage and the family will remain committed to continuity.

Generations Of Giving

Author: Kelin E. Gersick
Publisher: Lexington Books
ISBN: 9780739109243
Size: 26.41 MB
Format: PDF, Docs
View: 6766
Using detailed and comprehensive analysis, Generations of Giving: Leadership and Continuity in Family Foundations examines continuity and leadership over time within family foundations. Although the foundations in the study are quite diverse in their goals and management, they have all had to confront and survive a common set of challenges. At the core of this volume is the study of two aspects of philanthropy: funding and volunteers_each essential to the survival of a foundation. This study is about the 'why' and the 'how' of these two crucial aspects. Published in cooperation with the National Center for Family Philanthropy.

Wise Wealth

Author: J. Schwass
Publisher: Springer
ISBN: 0230295274
Size: 32.82 MB
Format: PDF
View: 6362
Captures the insights of leading academics and practitioners based on decades of research around the globe on factors of success and failures of private wealth, over time. It presents a deep and broad approach to understanding why and how wealth is created, managed and preserved over generations.

Cross Cultures

Author: Dennis T. Jafffe
Publisher: Createspace Independent Publishing Platform
ISBN: 9781517626600
Size: 15.50 MB
Format: PDF, ePub, Mobi
View: 2868
Prosperous families around the world face unexpected challenges as they encounter the modern global environment. It is natural for the wealth-creating generation to cherish the cultural roots that led to their success, advocating for the family's heritage. But, as subsequent generations are educated and trained in faraway lands and diverse cultures, new influences enter the family. The resulting conflicts can bring significant stress to the family and risk to the family enterprise, especially at times of generational transition. Cross Cultures: How Global Families Negotiate Change Across Generations outlines the latest insights from two internationally-renowned family business consultants, Dennis Jaffe PhD and James Grubman PhD. It explains the practical, commonsense strategies that families in each culture (and their advisors) can use to resolve the differences threatening the fabric of the family. Building on Dr. Grubman's first book, Strangers in Paradise: How Families Adapt to Wealth Across Generations, and Dr. Jaffe's 100 Year Family Enterprise Research project for Wise Counsel Research Associates, Cross Cultures outlines the current sociological research identifying three fundamental cultural styles around the world. It then provides insight into how families can overcome their cross-cultural stresses using proven negotiation techniques. Cross Cultures is a ground-breaking explanation of culture, its hidden dimensions, and the important new ways in which families must think, communicate, and solve problems together.

Handbook Of Research On Entrepreneurs Engagement In Philanthropy

Author: Marilyn L. Taylor
Publisher: Edward Elgar Publishing
ISBN: 1783471018
Size: 71.51 MB
Format: PDF, Docs
View: 4848
øCurrently, very little academic research exists on the intersection of entrepreneurship and philanthropy. This unique Handbook fills that gap, exploring how and why entrepreneurs who drive success in the for-profit world become engaged in philanthropy

Deconstructing Conflict

Author: Doug Baumoel
ISBN: 9780996425605
Size: 48.14 MB
Format: PDF, ePub, Docs
View: 6964
Based on the groundbreaking work of Doug Baumoel and Blair Trippe, Deconstructing Conflict helps enterprising families navigate the challenges of owning and managing together. Using The Conflict Equation methodology, the book deconstructs conflict into its component parts to arm family business stakeholders and advisors with cutting-edge thinking.

Financing Transitions

Author: François M. de Visscher
Publisher: Springer
ISBN: 1137513837
Size: 24.61 MB
Format: PDF, ePub, Mobi
View: 6756
This book establishes the principles and patterns necessary to laying the foundation for capital and liquidity planning. Through an in-depth examination of financial situations, it leads family businesses to making wise, well-timed choices about the future of the business and the family.