
Leading a Family Business
Best Practices for Long-Term Stewardship
- 200 pages
- English
- ePUB (mobile friendly)
- Available on iOS & Android
Leading a Family Business
Best Practices for Long-Term Stewardship
About this book
Based on insights from executives across the globe, this planning guide captures the unique challenges faced by leaders of a family business and presents an approach to help these operations survive and thrive across generations. Leading a company is a much different experience for those in a family-run business than for their contemporaries in nonfamilial environments. This book provides a comprehensive overview of the skill set and mindset required to lead family enterprises, and it introduces the four critical areas in which family businesses differ from traditional companies—management structures, governance mechanisms, entrepreneurial advantages, and stewardship practices. In a fascinating convergence of entrepreneurship, family relations, and corporate principles, the authors present two frameworks to better understand the best practices of leading a family business: a firm-level frame focused on these four critical areas of difference (architecture, governance, entrepreneurship, and stewardship) and an individual one that mirrors these in terms of the skill set and mindset successful leaders need to develop. Craig and Moores consider the differences between leadership in family enterprises and non-family enterprises; the entrepreneurial capabilities needed by executives in family-based firms; and the use of power, identification, and motivation in managing their responsibilities both at home and in the workplace. Case studies provide a real-life look at the inner workings of family operations across the globe.
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Information
Table of contents
- Cover
- Half Title
- Title
- Copyright
- Contents
- List of White Board Illustrations
- List of Tables and Diagrams
- List of Exemplar Stories
- Preface
- Chapter 1 Introducing Stewart Macduff
- Chapter 2 Architecture
- Chapter 3 Governance
- Chapter 4 Entrepreneurship
- Chapter 5 Stewardship
- Chapter 6 Learning Leadership Roles
- Chapter 7 The Steward
- Chapter 8 The Architect
- Chapter 9 The Governor
- Chapter 10 The Entrepreneur
- Chapter 11 Synthesis, Integration, and Final Insights
- Appendix: Dempsey Boats Case
- Recommended Further Reading
- Index