Generation to Generation: Life Cycles of the Family Business
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Book Overview
Generation to Generation presents one of the first comprehensive overviews of family business as a specific organizational form. Focusing on the inevitable maturing of families and their firms over time, the authors reveal the dynamics and challenges family businesses face as they move through their life cycles. The book asks questions, such as: what is the difference between an entrepreneurial start-up and a family business, and how does one become the other? How does the meaning of the business to the family change as adults and children age? How do families move through generational changes in leadership, from anticipation to transfer, and then separation and retirement? This book is divided into three sections that present a multidimensional model of a family business. The authors use the model to explore the various stages in the family business life span and extract generalizable lessons about how family businesses should be organized.
Format:Hardcover
Language:English
ISBN:087584555X
ISBN13:9780875845555
Release Date:January 1997
Publisher:Harvard Business Review Press
Length:320 Pages
Weight:1.46 lbs.
Dimensions:1.2" x 6.4" x 9.5"
Customer Reviews
5 ratings
Packed with Knowledge!
Published by Thriftbooks.com User , 22 years ago
Most businesses in the world today are owned by families, but only a small percentage of these companies will survive and grow into major corporations. The unique challenges posed by family ownership can undermine even the best-performing small business, as issues of control and succession permeate the generations. In Generation to Generation, the authors apply the simple premise that managing a family-owned business to a large extent means managing the family itself. To that end, they provide a rich compendium of research and strategic suggestions for those charged with making a family business work, including the consultants who guide them. We from getAbstract highly recommend this book for these applicable measures and methods, which will help the performance of both business and family.
A perfect blend of theory and practice!
Published by Thriftbooks.com User , 25 years ago
The authors effectively present a theoretical, as well as practical model of family business dynamics, incorporating the complexities of development over time. This book is a must-read to gain a deep understanding of families in business from the key perspectives of familiy, business, and ownership. Their use of case examples effectively illustrate the practical application and relevance of theory. To sum it up, it's steak AND sizzle!
An excellent book for anyone interested in family businesses
Published by Thriftbooks.com User , 25 years ago
I think this is one of the best books available on family businesses! I found it insightful and informative. I think anyone interested in the subject should read this book. I strongly disagree with the review that describes this book as "too theoretical." I found it immensly practical.
Excellent roadmap for family firms
Published by Thriftbooks.com User , 26 years ago
This is a mandatory book for all the people involved in the management of family businesses. I highly recommend it!!!
The best ever study on family business
Published by Thriftbooks.com User , 27 years ago
The authors took ten years studying hundreds of family firms to write this very deep and understanding description of how a family business develops trhu time. A must for anyone interested in this fascinating subject. Antonio C. Vidigal
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