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Family-owned and managed firms are often beset by a variety of crises that can impact the firm’s very survival. These may include changes in technology, deaths of critical family members, competition within an industrial sector, shifts in market dynamics and product mixes, economic turmoil, political upheaval and revolution, firm growth, succession, and selecting new firm leadership.  Such crises may be internal to the firm or a function of the external environment, and several may occur simultaneously; all of them contribute to a context of uncertainty, risk, and change, presenting particular challenges that are unique to family-owned businesses. This volume presents eight in-depth case studies of family-owned firms that represent a variety of industries and situations.  Each case explores the dynamics of managing in chaotic environments and how family leadership responded to crises.  Lessons learned from these experiences will help readers understand how to solve problems under conditions of uncertainty and how to avoid failure, when the survival of the firm is at stake.  Featuring questions and learning notes designed to engage the reader directly, this volume will be a valuable resources for students and members of entrepreneurial and family-owned firms, as well as consultants, investors, and other professional advisors. .

Family-owned business enterprises -- Management -- Case studies. --- Family-owned business enterprises -- Management. --- Industrial management. --- Family-owned business enterprises --- Business & Economics --- Management --- Economic Theory --- Management Styles & Communication --- Family-owned business enterprises. --- Management science. --- Quantitative business analysis --- Business enterprises, Family-owned --- Family business --- Family businesses --- Family enterprises --- Family firms --- Business. --- Management. --- Business and Management. --- Family Business. --- Business enterprises --- Problem solving --- Operations research --- Statistical decision --- Family-owned business enterprise. --- Administration --- Industrial relations --- Organization

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

Businesses owned and operated by families constitute the vast majority of firms around the world. These firms are found in all industrial segments, from retail and service establishments to heavy manufacturers. Their sizes and revenues range from the smallest venture of a husband and wife roadside food stall in rural India to the largest multinational, highly diversified corporations in the United States and Europe. Many challenges, such as competition, regulation, environmental concerns, access to capital, and macroeconomic factors confront family and nonfamily firms alike. In addition, famil

Family-owned business enterprises -- Management. --- Entrepreneurship. --- Family-owned business enterprises. --- Family-owned business enterprises --- Management --- Business & Economics --- Management Styles & Communication --- Economic Theory --- Business enterprises, Family-owned --- Family business --- Family businesses --- Family enterprises --- Family firms --- Business enterprises