Family Business Management

Family Business Management provides an accessible overview of the core aspects of family business, with an international, practice-based perspective. Structured in four parts, the book covers key topics such as family firm goals, conflict management, human resources, strategy, financial management, family and business governance, and succession planning. A wide variety of cases and examples are used throughout the book to highlight cultural and institutional differences between family businesses in contrasting contexts.

The one book you need to navigate the complex decisions and critical relationships necessary to create and sustain a healthy family business - and business family.

Stand in your truth and transform your family business legacy! Navigating the intricate dance of running a family business while maintaining strong relationships with your loved ones can seem like an enigma, especially when cultural expectations and generational differences come into play. So, how do you manage your professional responsibilities while earning the love and respect of your family? Is it possible to take charge of your business and feel confident and in control, all while maintaining a great relationship with your relatives?

Should you fire your deadweight brother-in-law or comply with your mom's pleas to give him a raise? Should you pay all your kids the same, based on the market, or based on how many of your grandkids they raise? These are the questions family business leaders confront due to the opposing expectations of the family and the business. Hug of War offers a new path forward. When the competing impulses of the family mindset and the business mindset are embraced as a polarity, leaders transcend either-or thinking and craft better solutions that embrace the best of both mindsets.

Family Inc. is not just a personal finance book; it is a "how to" guide for achieving financial security. By borrowing time tested principles used in business and applying them to family financial planning, Family Inc. provides a powerful framework for navigating all of life's big financial decisions. You will learn how to think strategically as the Family Chief Financial Officer; how to make investments in education and yourself to benefit your career; how to manage your hard-earned money to make it work for you; and much more.

Smart Mom, Rich Mom explores how women today are navigating the financially challenging career/parenting years. Written by a national money columnist and mom of two, the book chronicles people who have stayed in the game - full-time, freelance, self-employed, and more - and emerged more prosperous and empowered. Kids change our lives, adding joy but draining bank accounts. Smart Mom, Rich Mom helps you adopt healthy habits - and make hard decisions - that pay off in abundance.

Despite the fact that 70 percent of family business owners want to pass their business on to the next generation, research suggests only three percent will operate beyond the fourth generation. The miniscule chances of long-term success are largely due to the issues unique to family businesses, which are often wrapped in a tightly woven knot of unspoken plans. In Disruptive Successor, business coach Jonathan Goldhill offers a proven framework and playbook for unwinding this knot, scaling up your business, or planning your exit.

L.E.T. has changed countless corporations and private businesses with its down-to-earth communication and conflict resolution skills. Dr. Gordon's L.E.T. program is a core program in more than 1,000 corporations around the world, including many Fortune 500 companies. The methods and skills that have proven to be essential for so many leaders can work for you, too.

This dynamic program, founded on cutting-edge psychological research, enables you to deconstruct and deal with stress head-on. Stress: The Psychology of Managing Pressure helps you identify external and internal sources of stress in your life and reframe unhelpful patterns of thought into powerful psychological solutions that you can apply every day. Underpinned by psychological theory, with relevant findings from psychologists, doctors, and teachers, this audiobook will help you smash the shadow of stress in any area of your life.

Family businesses—from massive corporations like Walmart to the mom-and-pop store on your local street—have always been a vital part of the American life and economy. But as these family-owned companies evolve and grow, so too do their unique difficulties and the need for dynamic leadership. And as more women rise into leadership roles within commonly male-dominated organizations, challenges abound in already tense environments, where family members also happen to be one's coworkers—and superiors.

Expanding on the principles, insights and wisdom that made Getting to Yes a worldwide best seller, Roger Fisher and Scott Brown offer a straightforward approach to creating relationships that can deal with difficulties as they arise. Getting Together takes you step-by-step through initiating, negotiating, and sustaining enduring relationships - in business, in government, between friends and in the family.

In You Can Change Other People, the world's number-one executive coach, Peter Bregman, and Howie Jacobson, PhD, share the Four Steps to help the people around you make positive change - even if they've been stuck for years. No one wants to be changed, but change and personal growth are critical to success, and more importantly, to a fulfilled life. You Can Change Other People is a must-listen for those who want to improve their impact with coworkers, family members, and everyone in between.

Many farm folks work hard at producing great crops and caring for livestock, but when it comes to communicating their deepest desires for the future of the farm, they get stuck. Building Your Farm Legacy: Tools to Empower Family is a useful toolbox created by a farm woman, partner, and mother to a successor.

How do families build and maintain their wealth? This question has challenged families for generations. In business, any wise entrepreneur would develop a plan to guide the venture. Though most people don't have a strategy in mind for their families, it is precisely what they need. This book applies business concepts to invest in our families with as much focus and discipline as we do our financial assets.

The Future Leader is a business fable that serves as a practical resource, offering guidance to prepare for leadership while navigating the unique challenges of family dynamics and business responsibilities. Follow a candid dialogue between Jordan, a new successor, and Kelly, a family friend who has years of firsthand experience in the trials of succession.

Dirty Little Secrets of Family Business comes clean with much-needed info on nitty-gritty issues such as entitlement; letting employees go when they just aren’t working out; compensation; including your kids in the business; shareholder agreements; selecting the next leader; deciding whether to keep the business or sell it; exit strategies for outgoing leaders; money matters; succession planning; communication; conflict resolution; establishing an effective board; and transitioning to the next generation.

As a working mother you often draw the short straw. Bosses and coworkers assume that since you're focused on your family, you don't prioritize work, and they give crucial opportunities to those around you. Advice for Working Moms can help you alleviate this stress. Drawing on the wisdom of experts and parents alike, it will help you strike the right balance between family and work, all while navigating the long-standing bias against mothers and, more broadly, women in the workforce.

Throw on a pair of running shoes and join Dave, Jim, Winville, Alan, and Julie on their midday run as they converse about life and the complex world of family-owned businesses. Running, planning, and transitioning the ownership of a business is hard, particularly when it requires the maintenance of family relationships as well. Negotiate the pavements and streets with them, and learn from real-life experiences as they unpack a toolbox of useful strategies that can be utilized everywhere from the boardroom table to the dining table.

A groundbreaking book for any business owner, family business, or budding entrepreneur, The Family Edge provides clear evidence and powerful tools to help you leverage the asset you need but have probably not paid enough attention to: family capital.

If you are a family business founder preparing for your next chapter, this book is your essential guide to family business succession, retirement planning for business owners, and developing a successful exit strategy for your small business. In The Five-Year Plan, Craig Toberman draws on years of experience as a wealth manager, CPA, and advisor to family business owners and retirees. He offers a clear, practical roadmap for succession planning for business owners who want to grow their net worth, protect what they have built, and preserve family harmony.