Family Meetings: How to Build a Stronger Family and a Stronger Business

Overview

Family Meetings demonstrates the value of family meetings and how to effectively use family meetings to achieve family and business milestones. In its information-packed pages you'll learn ten benefits of effective family meetings; how to use family meetings to plan for future ownership and participation in the family business; how to use family meetings to preserve family traditions and history and to recognize and resolve conflicts; the key questions to be dealt with at family meetings; how to organize and run ...

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Overview

Family Meetings demonstrates the value of family meetings and how to effectively use family meetings to achieve family and business milestones. In its information-packed pages you'll learn ten benefits of effective family meetings; how to use family meetings to plan for future ownership and participation in the family business; how to use family meetings to preserve family traditions and history and to recognize and resolve conflicts; the key questions to be dealt with at family meetings; how to organize and run effective family meetings; how family meetings change as the business evolves; how to separate family issues from business issues; how to use rituals and ceremonies for bonding and recognition.

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Editorial Reviews

From the Publisher
"Family Meetings offers practical guidelines for family businesses that need to work through issues typically avoided during the business day."  —Dave Henderson, Samaritan Medical Center

"Family Meetings provides clear and concise tools, it addressed family dynamics bringing back to the table, trust, respect, and communication.  The need is out there and this book provides the vehicle.  We've already recommended it to several family businesses!"  —Jim and Lin Roscoe, Roscoe Steel & Culvert Co.

 
 

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Product Details

  • ISBN-13: 9780230111011
  • Publisher: Palgrave Macmillan
  • Publication date: 12/15/2010
  • Series: A Family Business Publication
  • Edition description: Second Edition
  • Edition number: 2
  • Pages: 100
  • Sales rank: 992,706
  • Product dimensions: 5.57 (w) x 8.33 (h) x 0.23 (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.

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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Table of Contents

INTRODUCTION
• THE VALUE OF FAMILY MEETINGS
• UNFOUNDED FEARS
• PART I: TEN BENEFITS OF EFFECTIVE FAMILY MEETINGS
• 1. Building a Stronger Family 2. Building a Stronger Business 3. Planning for Future Ownership 4. Planning Family Participation 5. Managing Inherited Wealth 6. Opening Up the Succession Process 7. Preserving Family Tradition and History 8. Professionalizing the Business 9. Managing Relations between Family and Board of Directors 10. Recognizing and Resolving Conflict
• PART II: HOW TO HOLD EFFECTIVE MEETINGS Overcoming Misconceptions and Fears, When is the Right Time?, Who Should Run the Meeting?, The Agenda, Location, Whom Do We Invite?, Openers, Icebreakers, Documenting the Meeting, Closing the Meeting, Running Ongoing Meetings, Family Retreats, Communication, Organization, How Issues Change as the Business Evolves, Forming a Family Council, Role and Rituals and Ceremonies, Avoiding Pitfalls
• PART III: SOME MILESTONES REACHED THROUGH FAMILY MEETINGS Planning the Future of the Business, Smoothing Ownership Succession, Encouraging Family Members in Stewardship, Developing Family Skills, Creating a Family Mission Statement
• SUMMARY
• INDEX

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