Developing Family Business Policies: Your Guide to the Future

Developing Family Business Policies: Your Guide to the Future

by C. Aronoff, J. Astrachan, J. Ward
     
 

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Developing policies to guide decision making can help the family business avoid serious problems. The authors provide a step-by-step process for engaging family members in developing policies which cover issues such as: dealing with conflicts of interest; retirement timing; distribution of profits; loan programs; compensation and succession.

Overview

Developing policies to guide decision making can help the family business avoid serious problems. The authors provide a step-by-step process for engaging family members in developing policies which cover issues such as: dealing with conflicts of interest; retirement timing; distribution of profits; loan programs; compensation and succession.

Editorial Reviews

From the Publisher

'Developing Family Business Policies: Your Guide to the Future is a must-read for any business owning family that is trying to sort through the challenges of family business continuity. It gave us information that helped us select and construct policies that fit our speicific family business needs.' - Arthur R. Velasquez, President & CEO, Azteca Foods, Inc., Chicago, IL

'We are a family business that has grown and is maturing by learning and putting to use the principles in Family Business Policies: Your Guide to the Future.' - Jack and Dolores Cakebread, Cakebread Cellars, Napa Valley/Rutherford, CA

'Family Business Policies: Your Guide to the Future gives families a clear road map for creating business policies. It raises all the right questions. I will recommend it to our family and professional advisory clients alike.' - Judy Rudnick, Family Office Exchange, Oak Park, IL

Product Details

ISBN-13:
9780230111097
Publisher:
Palgrave Macmillan US
Publication date:
12/15/2010
Series:
A Family Business Publication Series
Edition description:
2011
Pages:
104
Product dimensions:
5.40(w) x 8.10(h) x 0.50(d)

Meet the Author

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, the Journal of Family Business Strategy, and immediate past editor of Family Business Review.

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.

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