Succeeding Generations

Overview


Finding the right successor to a well-loved founder or president is often the most difficult task an organization can face—and the challenge can be even greater for family-run businesses. Succeeding Generations explores leadership transitions in family businesses, offering a clear-eyed assessment of the different options, from direct succession to building partnerships between siblings and cousins.

Family-owned companies may dominate the worldwide business landscape, yet ...

See more details below
Other sellers (Hardcover)
  • All (20) from $1.99   
  • New (8) from $11.22   
  • Used (12) from $1.99   
Sending request ...

Overview


Finding the right successor to a well-loved founder or president is often the most difficult task an organization can face—and the challenge can be even greater for family-run businesses. Succeeding Generations explores leadership transitions in family businesses, offering a clear-eyed assessment of the different options, from direct succession to building partnerships between siblings and cousins.

Family-owned companies may dominate the worldwide business landscape, yet surprisingly few are successfully passed down from one generation to the next, and fewer still reach the third generation intact. Author Ivan Lansberg, an organizational psychologist who grew up in a family business, examines the reasons behind this high failure rate and reveals the factors that contribute to long-term success. He offers practical advice on how to mentor successors, how to set up a systematic selection process, and how to make the best use of the board of directors during times of transition.

With a wealth of examples from companies in the United States, Europe, and Latin America, Succeeding Generations provides a thoughtful and comprehensive look at the sensitive dynamics of leadership succession in family businesses.

Read More Show Less

What People Are Saying

Marcy Syms
Having lived through succession in a family business myself, I can attest that Succeeding Generations is the perfect one-source reference on the process. Lansberg provides an invaluable guide for achieving family business continuity.
— (Marcy Syms, CEO, Syms Corporation)
Louis B. Barnes
Lansberg's insightful discussion brings new sophistication to the field. Everyone who believes that family business still dwells mostly in the mom-and-pop era of family transitions needs to read this book - the sooner, the better.
— (Louis B. Barnes, Professor Emeritus, Harvard Business School)
John Ward
Succeeding Generations is a landmark in the field of family business. No other publication draws on such a rich variety of literature and proven experience. It is simply the best book I know on managing succession in family business.
— (John Ward, Founder and Chairman, The Family Business Consulting Group, Inc., and Ralph Marotta Professor of Private Enterprise, Loyola University Chicago)
Ludo Van der Heyden
Lansberg provides a refreshing breather from those 'authorities' who try to convince us that our only dream should be the relentless and exclusive pursuit of shareholder value. His insights into successfully passing family dreams, family values, and family businesses through the generations remind us all how profoundly human every business enterprise is.
— (Ludo Van der Heyden, Wendel/CGIP Chaired Professor for the Large Family Firm, INSEAD)
Read More Show Less

Product Details

  • ISBN-13: 9780875847429
  • Publisher: Harvard Business Review Press
  • Publication date: 7/28/1999
  • Pages: 394
  • Sales rank: 724,745
  • Product dimensions: 6.40 (w) x 9.30 (h) x 1.50 (d)

Meet the Author


Ivan Lansberg, a coauthor of Generation to Generation, is a principle of Lansberg, Gersick and Associates and cofounder of the Family Firm Institute.
Read More Show Less

Table of Contents

Preface
Introduction 1
Pt. I Family Business Forms 11
1 Designing New Road Maps for the Journey 13
2 A Typology of Successions 27
3 The Lombardi Family Business 51
Pt. II Shared Dreams and Succession Planning 73
4 Family Dreams: The Genesis of Succession 75
5 Working with Dreams 95
6 Assessing the Feasibility of the Dream 123
Pt. III Human Development and the Timing of Succession 149
7 Developing Successors: The First Steps 151
8 Mentoring 179
9 Anointment and Taking Charge 199
10 A More Systematic Selection Process 223
11 Letting Go 249
Pt. IV Governance for Continuity 277
12 Governance Structures and Processes for Continuity 279
13 Governance in Action 311
14 Conclusion: Improving the Odds of Success 329
Notes 343
References 355
Index 363
About the Author 379
Read More Show Less

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star

(0)

4 Star

(0)

3 Star

(0)

2 Star

(0)

1 Star

(0)

Your Rating:

Your Name: Create a Pen Name or

Barnes & Noble.com Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & Noble.com that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & Noble.com does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at BN.com or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation

Reminder:

  • - By submitting a review, you grant to Barnes & Noble.com and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Noble.com Terms of Use.
  • - Barnes & Noble.com reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & Noble.com also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on BN.com. It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

 
Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously

    If you find inappropriate content, please report it to Barnes & Noble
    Why is this product inappropriate?
    Comments (optional)