Strategic planning for the family business : parallel planning to unify the family and business
Author(s)
Bibliographic Information
Strategic planning for the family business : parallel planning to unify the family and business
Palgrave, 2001
- : hbk
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Note
Includes bibliographical references (p. 259-263) and index
Description and Table of Contents
Description
Family business planning has traditionally centered on two issues - estate planning and succession. These goals are far too limited for today's family firm. Business families want to turn the business into not only a tool for profit, but for self-expression, innovation and legacy. The authors introduce the new concept of the Parallel Planning Process, explaining how to integrate the needs and expectations of the family and business systems in order to create an organic and entrepreneurial unit. Planning and decision making templates are included as well as studies of well-known family businesses.
Table of Contents
PART 1: UNDERSTANDING FAMILY BUSINESS PLANNING The Importance of Planning for Business Families The Parallel Planning Process PART 2: PLANNING FOR THE FAMILY Securing Family Commitment Encouraging Family Participation Preparing the Next Generation of Family Managers and Leaders Developing Effective Ownership PART 3: PLANNING FOR THE BUSINESS Assessing the Firm's Strategic Potential Exploring Possible Business Strategies Finalizing Strategy and Investment Decisions PART 4: INTEGRATING THE FAMILY AND BUSINESS PLANS The role of the board in family business planning
by "Nielsen BookData"
