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When Family Businesses are Best: The Parallel Planning Process for Family Harmony and Business Success
     

When Family Businesses are Best: The Parallel Planning Process for Family Harmony and Business Success

by R. Carlock, J. Ward
 

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The authors explore how effective planning and communication helps business families around the world address growth challenges as they strive to become high performing multi-generation family enterprises. This bookshows family businesses working together at their best.

Overview

The authors explore how effective planning and communication helps business families around the world address growth challenges as they strive to become high performing multi-generation family enterprises. This bookshows family businesses working together at their best.

Editorial Reviews

From the Publisher

"The ideas in this new book worked with my family for the transition process to the 4th Generation. The important distinction between business strategy and family strategy, together with a rigorous development programme for the next generation were a key ingredient to our success' - Andrew Wates Former Executive Chair man Wates Group

'The book is fantastic. Family businesses are best when there is alignment throughout: among the family in its commitment to each other and the business, between the family and the business, and of the business to the external market. This book demystifies the complex task of strategic thinking and planning for the family and business systems.' - Yuelin T Yang, IMC Pan Asia Group

Reviews for Strategic Planning for the Family Business:

'From small start-ups to giant multinationals, family owned businesses continue to dominate the world economy. This book provides advice on dealing with a host of emerging challenges, such as new technologies and global marketing, by integrating family values and dynamics into business plans and management.' Philadelphia Business Journal

'Strategic Planning for the Family Business is a very thoughtful and valuable book. It offers a superb kaleidoscope of the dynamics of the family business. Professors Carlock and Ward's notion of the Parallel Planning Process turns out to be a highly original and extremely effective way of diagnosing and intervening in such complex organizations. If I would find myself on a desert island with a family business (I agree that is quite a surrealistic thought), and was asked to help the various stakeholders, and could only resort to one book for guidance, this book would be my first choice.' - Manfred F.R. Kets de Vries, Raoul de Vitry d'Avaucourt Professor of Human Resource Management, Clinical Professor of Leadership Development, INSEAD, France& Singapore

'The leaders of business families and family businesses will find this book a precious tool as they confront the many challenges of planning for the family and the business. Carlock and Ward draw from their many years of experience as educators, consultants and board members to make the text stimulating, relevant and of practical utility. I forecast that Strategic Planning for the Family Business will remain a benchmark of best practice for many years to come.' - Alden G. Lank, President, Family Business Network and Stephan Schmidheiny, Professor of Family Enterprises Emeritus, IMD, Switzerland

Product Details

ISBN-13:
9781349308187
Publisher:
Palgrave Macmillan UK
Publication date:
01/14/2014
Series:
A Family Business Publication Series
Edition description:
1st ed. 2010
Pages:
246
Product dimensions:
5.51(w) x 8.50(h) x (d)

Related Subjects

Meet the Author

RANDEL S. CARLOCK is the first Berghmans Lhoist Chaired Professor in Entrepreneurial Leadership at INSEAD and the Opus Endowed Professor of Family Enterprise at the University of St. Thomas in Minneapolis. He has over 20 years of executive and CEO experience and has completed postgraduate certification in family and marriage therapy.

JOHN L. WARD is the Wild Group Professor of Family Business at IMD, Clinical Professor and Director of the Kellogg School Center of Family Enterprises, Northwestern University and founder of the Family Business Consulting Group International. He is recognized as one of the world's leading authorities on the family business.

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