Langbeschreibung
This book focuses on a central success factor for family businesses: maintaining the decision-making ability over generations while not jeopardizing the business due to family conflict, inefficient governance structures, or lack of identification. The authors identify that this is not as easy as the endeavor to bring two social systems together with contradicting logic (family and business) leads to many dangerous pitfalls.
Hauptbeschreibung
Investigates the largest and long-lasting German family businesses for core success factors
Inhaltsverzeichnis
Part I Introduction.- Family strategy over generations.- Part II Managed by neglect: solutions that create problems.- Riding a ghost train: "What happens if 'nothing' happens?".- Part III The Witten theory of the business family.- Family and business - the "impossible endeavour".- Family and business family at the same time: the duplicated family.- Part IV Core issues of family strategy.- Appointment decisions: a sense of belonging and drawing limits.- Legitimation: decide without deciding!.- Being aware of mental models.- What's the point of it all? Cross-generational meaningful purpose.- Part V Developing a family strategy.- Re-inventing the wheel! The Witten model of family strategy development.