Family Wealth Continuity

Author: David Lansky
Publisher: Springer
ISBN: 1137576391
Size: 65.30 MB
Format: PDF, Docs
View: 3206
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 Wealth Management

Author: Mark Haynes Daniell
Publisher: John Wiley & Sons
ISBN: 0470824298
Size: 67.90 MB
Format: PDF, Docs
View: 358
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.

Human Resources In The Family Business

Author: Amy M. Schuman
Publisher: Springer
ISBN: 1137444274
Size: 12.82 MB
Format: PDF, Mobi
View: 7416
This book will help HR managers and founders/owners develop a formal process within the company and also provide insights from family firms on how to manage sensitive topics ranging from family member compensation; family member appraisal, etc., and serves as a guide to HR managers struggling to get a "seat at the table" in family firms.

So You Re In The Family Business

Author: Paul Karofsky
Publisher: Advantage Media Group
ISBN: 9781599327495
Size: 59.22 MB
Format: PDF
View: 504
Learn from the Experience of Others How to Sustain Your Family Enterprise. So You're in the Family Business features Paul and David Karofsky, a father- son team, as they share experiences from their own lives, and from those of the hundreds of families they've helped, to address the challenges and opportunities of working in a family enterprise. With a foundation of effective communication and proper planning, you too can savor the experience of working with family members and enjoy Thanksgiving dinner together! ..".For a brilliant road map for getting the culture right, I recommend So You're in the Family Business. It's lucidly written and full of compelling examples, and each chapter ends with bullet points for how to put into action the ideas you've just read." --Mitzi (Mrs. Frank) Perdue, author of Tough Man, Tender Chicken: Business and Life Lessons from Frank Perdue

Cross Cultures

Author: Dennis T. Jafffe
Publisher: Createspace Independent Publishing Platform
ISBN: 9781517626600
Size: 51.36 MB
Format: PDF, ePub
View: 7755
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.

Family Business As Paradox

Author: A. Schuman
Publisher: Springer
ISBN: 0230291767
Size: 24.85 MB
Format: PDF, ePub, Mobi
View: 2224
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.

The Family Business Map

Author: M. Bennedsen
Publisher: Springer
ISBN: 1137382368
Size: 21.70 MB
Format: PDF, ePub, Docs
View: 1041
Combining the expertise of two consultants and academics from East and West, this book provides an international guide for family businesses, showing how to identify and implement the best governance strategies. Packed with case studies and interviews, this is the ultimate guide for family businesses wanting to achieve long-term success.

Family Business Ownership

Author: C. Aronoff
Publisher: Springer
ISBN: 0230116027
Size: 60.22 MB
Format: PDF
View: 147
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.

When Family Businesses Are Best

Author: Randel S. Carlock
Publisher: Palgrave Macmillan
ISBN: 0230222625
Size: 41.45 MB
Format: PDF, Kindle
View: 7501
This book shows family businesses working together at their best and explores how effective planning and communication help business families grow and become sucessful enterprises

Deconstructing Conflict

Author: Doug Baumoel
ISBN: 9780996425605
Size: 42.94 MB
Format: PDF
View: 5582
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.