Make Change Your Family Business Tradition

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Family business leaders of the past could often guarantee decades of success built on a single, long-lived strategic plan. But the current rapid rate of change makes ongoing success an infinitely more difficult challenge. What works today is passé tomorrow. In Make Change Your Family Business Tradition, those involved in or with a family firm will learn how to: build and preserve a foundation for constant renewal; modify the company’s culture while preserving its values; recognize and overcome the inhibitors to ...

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Overview

Family business leaders of the past could often guarantee decades of success built on a single, long-lived strategic plan. But the current rapid rate of change makes ongoing success an infinitely more difficult challenge. What works today is passé tomorrow. In Make Change Your Family Business Tradition, those involved in or with a family firm will learn how to: build and preserve a foundation for constant renewal; modify the company’s culture while preserving its values; recognize and overcome the inhibitors to change; adapt traditions to contemporary realities; develop characteristics of an effective change leader; respect the past while embracing the future; encourage and make room for the next generation’s changes; gain family and employee commitment to change...and much more.

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Editorial Reviews

From the Publisher
"Make Change Your Family Business Tradition talks about what I see as the most important, challenging part of a family business leader's job.  It focuses on key survival issues.  Not everyone will agree with everything the authors say, but it raises good questions that make you re-examine and re-affirm or adjust how you lead change in your organization."  —Robert E. Don, CEO, Edward Don & Company, North Riverside, IL
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Product Details

  • ISBN-13: 9780230111127
  • Publisher: Palgrave Macmillan
  • Publication date: 12/15/2010
  • Series: A Family Business Publication
  • Edition description: Reprint
  • Pages: 100
  • Product dimensions: 5.40 (w) x 8.10 (h) x 0.40 (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

I. Introduction: The Challenge of Conitnuous Renewal
• II. Change in a Family Business: How Hard Can it Be?
• III. Building and Preserving a Foundation for Change
• IV. Where Change Comes From
• V. Leading Change in a Family Firm: A Guide for the Successor
• VI. Managing Resources for Change
• VII. A Word to the Outgoing CEO
• VIII. Creating a Tradition of Change
• IX. Summary
• Index

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