Family business governance : maximizing family and business potential

Author

• Aronoff, Craig E.

Additional Author(s)

-

Publisher

New York: Palgrave Macmillan, 2011

Language

English

ISBN

9780230111066

Series

Family business leadership series

Subject(s)

• FAMILY CORPORATIONS--MANAGEMENT
• FAMILY-OWNED BUSINESS ENTERPRISES-MANAGEMENT

Notes

. . Index: p. 89-94

Abstract

Strong family governance can create an environment of smooth decision making, cohesiveness, effective conflict resolution and a directive that moves the business forward. Authors Aronoff and Ward show leaders why a strong governance is critical to taking families from one generation of success to the next.

Physical Dimension

Number of Page(s)

viii, 94 p.

Dimension

22 cm.

Other Desc.

-

Summary / Review / Table of Content

Excellence at your vocation, from homemaking to investment banking : excellence at any vocation requires hard work, high standards, expertise, and education : excellence earns respect --
Flexibility in your views of difficult issues : that means you have the ability and desire to listen to other points of view, an ability to empathize, and an understanding that you aren't always right : open-mindedness reduces defensiveness --
Literacy in business language and the characteristics of your industry : family members who are willing to hold themselves accountable to the business will learn how to interpret financial statements, judge competitors, and keep up with business trends : literacy eases communication --
Preparedness to understand business concerns : this means a willingness to do your homework and to study and understand the information you are given by management --
Trust in management : family members' trust in experienced, talented managers makes it easier for management to institute constructive changes, innovate and take the risks necessary to running a successful business : the more trusting family shareholders are, the greater is their capacity to strengthen the business : trust makes teamwork possible.

Exemplar(s)

#	Accession No.	Call Number	Location	Status
1.	00425/17	658.045 Aro F	-	Unavailable : Lost