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Most family business owners and wealth creators share an important vision: perpetuating family and wealth for many generations to come. To ensure wealth continuity, many families put into place various structures, plans, and processes, including estate plans (which may include multiple trusts), ownership succession plans, governance structures/strategies, and others. These sometimes-elaborate plans are aimed at preserving family wealth. In reality, for many families, they don’t. In fact, it has been estimated that a majority of estate plans in place fail, largely as a result of family conflict or communication problems. Author David Lansky reveals here that too many one-size-fits-all and elaborate continuity plans fail to take into account the idiosyncratic family factors that can interfere with continuity planning. Lansky details further how building the right foundation will help families implement the best continuity plans. Addressing that foundation effectively includes understanding the building blocks that make it up, assessing their strengths, and developing strategies to improve them. The specific building blocks include: • Learning Capacity • Familyness • Safe Communication Culture • Commitment to Personal Development • Effective Leadership of Change While richly informative, this book is not intended as a training manual, but rather as a starting point for important ideas and conversations. In fact, the goal of this book is to help families consider several related factors that go into a foundation for continuity, and to build more effective continuity plans and strategies based on their assessments.
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This book presents methods for dealing with conflict in family firms. The first part of the book defines conflict in general and then in the context of family businesses. It then identifies several approaches to dealing with conflict. As the author makes clear, conflict can negatively impact the performance of a family firm while unresolved conflict often results in unsuccessful transition to the next generation. Therefore, she presents a model that looks at the causes of conflict and ways of resolving it. The second part of the book presents case studies of conflicts in family business, examining such companies as Gucci and L'Oreal and applying the theory. This book will serves as a foundational text in managing disputes in family enterprises.
Family-owned business enterprises. --- Business enterprises, Family-owned --- Family business --- Family businesses --- Family enterprises --- Family firms --- Business. --- Business and Management. --- Family Business. --- Business enterprises --- Family-owned business enterprise.
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In this book, three modern Chinese family businesses, including food and beverage company Yeo Hiap Seng, are studied to analyze the problems that family enterprises face. Other case studies include long-standing family businesses in Europe, America and Asia, such as Ford, Kikkoman and Samsung. This book also discusses the changing characteristics of Chinese family businesses, the pitfalls that such enterprises are likely to face, and how they can overcome these pitfalls and achieve sustainable development.
Family-owned business enterprises --- Success in business. --- Management. --- Succession. --- Family business succession --- Succession, Family business --- Business --- Business failures --- Creative ability in business --- Prediction of occupational success
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According to management and psychology courses, as well as legions of consultants in organizational psychology, shared vision in dyads, teams and organizations can fill us with hope and inspire new possibilities, or delude us into following false prophets. However, few research studies have empirically examined the impact of shared vision on key organizational outcomes such as leadership effectiveness, employee engagement, organizational citizenship, coaching and organizational change. As a result, the field of organizational psychology has not yet established a causal pattern of whether, if, and how shared vision helps dyads, teams and organizations function more effectively. The lack of empirical work around shared vision is surprising given its long-standing history in the literature. Bennis and Nanus (1982) showed that distinctive leaders managed attention through vision. The practitioner literature has long proclaimed that vision is a key to change, while Conger and Kanungo (1998) discussed its link to charismatic leadership. Around the same time, positive psychology appeared in the forms of Appreciative Inquiry (Cooperrider, Sorensen, Whitney, & Yaeger, 2000) and Positive Organizational Scholarship (Cameron, Dutton, & Quinn, 2003). In this context, a shared vision or dream became a legitimate antecedent to sustainable change. But again, empirical measurement has been elusive. More recently, shared vision has been the focus of a number of dissertations and quantitative studies building on Intentional Change Theory (ICT) (Boyatzis, 2008) at dyad, team and organization levels of social systems. These studies are beginning to lay the foundations for a systematic body of empirical knowledge about the role of shared vision in an organizational context. For example, we now know that shared vision can activate neural networks that arouse endocrine systems and allow a person to consider the possibilities of a better future (Jack, Boyatzis, Leckie, Passarelli & Khawaja, 2013). Additionally, Boyatzis & Akrivou (2006) have discussed the role of a shared vision as the result of a well-developed set of factors that produce a desired image of the future. Outside of the organizational context, positive visioning has been known to help guide future behavior in sports psychology (Loehr & Schwartz, 2003), medical treatment (Roffe, Schmidt, & Ernst, 2005), musical performance (Meister, Krings, Foltys, Boroojerdi, Muller, Topper, & Thron, 2004), and academic performance (Curry, Snyder, Cook, Ruby, & Rehm, 1997). This Research Topic for Frontiers in Psychology is a collection of 14 original papers examining the role of vision and shared vision on a wide variety of desired dependent variables from leadership effectiveness and executive performance to organizational engagement, citizenship and corporate social responsibility, and how to develop it through coaching.
Leadership --- Family Business --- relationships --- engagement --- Vision --- citizenship --- coaching --- Emotional Intelligence --- prospection --- Shared Vision --- Leadership --- Family Business --- relationships --- engagement --- Vision --- citizenship --- coaching --- Emotional Intelligence --- prospection --- Shared Vision
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Empresas familiares --- Pequeñas y medianas empresas --- Revistas --- Gestión --- family business --- entrepreneurial families --- entrepreneurship --- governance --- management --- succession
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According to management and psychology courses, as well as legions of consultants in organizational psychology, shared vision in dyads, teams and organizations can fill us with hope and inspire new possibilities, or delude us into following false prophets. However, few research studies have empirically examined the impact of shared vision on key organizational outcomes such as leadership effectiveness, employee engagement, organizational citizenship, coaching and organizational change. As a result, the field of organizational psychology has not yet established a causal pattern of whether, if, and how shared vision helps dyads, teams and organizations function more effectively. The lack of empirical work around shared vision is surprising given its long-standing history in the literature. Bennis and Nanus (1982) showed that distinctive leaders managed attention through vision. The practitioner literature has long proclaimed that vision is a key to change, while Conger and Kanungo (1998) discussed its link to charismatic leadership. Around the same time, positive psychology appeared in the forms of Appreciative Inquiry (Cooperrider, Sorensen, Whitney, & Yaeger, 2000) and Positive Organizational Scholarship (Cameron, Dutton, & Quinn, 2003). In this context, a shared vision or dream became a legitimate antecedent to sustainable change. But again, empirical measurement has been elusive. More recently, shared vision has been the focus of a number of dissertations and quantitative studies building on Intentional Change Theory (ICT) (Boyatzis, 2008) at dyad, team and organization levels of social systems. These studies are beginning to lay the foundations for a systematic body of empirical knowledge about the role of shared vision in an organizational context. For example, we now know that shared vision can activate neural networks that arouse endocrine systems and allow a person to consider the possibilities of a better future (Jack, Boyatzis, Leckie, Passarelli & Khawaja, 2013). Additionally, Boyatzis & Akrivou (2006) have discussed the role of a shared vision as the result of a well-developed set of factors that produce a desired image of the future. Outside of the organizational context, positive visioning has been known to help guide future behavior in sports psychology (Loehr & Schwartz, 2003), medical treatment (Roffe, Schmidt, & Ernst, 2005), musical performance (Meister, Krings, Foltys, Boroojerdi, Muller, Topper, & Thron, 2004), and academic performance (Curry, Snyder, Cook, Ruby, & Rehm, 1997). This Research Topic for Frontiers in Psychology is a collection of 14 original papers examining the role of vision and shared vision on a wide variety of desired dependent variables from leadership effectiveness and executive performance to organizational engagement, citizenship and corporate social responsibility, and how to develop it through coaching.
Leadership --- Family Business --- relationships --- engagement --- Vision --- citizenship --- coaching --- Emotional Intelligence --- prospection --- Shared Vision
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According to management and psychology courses, as well as legions of consultants in organizational psychology, shared vision in dyads, teams and organizations can fill us with hope and inspire new possibilities, or delude us into following false prophets. However, few research studies have empirically examined the impact of shared vision on key organizational outcomes such as leadership effectiveness, employee engagement, organizational citizenship, coaching and organizational change. As a result, the field of organizational psychology has not yet established a causal pattern of whether, if, and how shared vision helps dyads, teams and organizations function more effectively. The lack of empirical work around shared vision is surprising given its long-standing history in the literature. Bennis and Nanus (1982) showed that distinctive leaders managed attention through vision. The practitioner literature has long proclaimed that vision is a key to change, while Conger and Kanungo (1998) discussed its link to charismatic leadership. Around the same time, positive psychology appeared in the forms of Appreciative Inquiry (Cooperrider, Sorensen, Whitney, & Yaeger, 2000) and Positive Organizational Scholarship (Cameron, Dutton, & Quinn, 2003). In this context, a shared vision or dream became a legitimate antecedent to sustainable change. But again, empirical measurement has been elusive. More recently, shared vision has been the focus of a number of dissertations and quantitative studies building on Intentional Change Theory (ICT) (Boyatzis, 2008) at dyad, team and organization levels of social systems. These studies are beginning to lay the foundations for a systematic body of empirical knowledge about the role of shared vision in an organizational context. For example, we now know that shared vision can activate neural networks that arouse endocrine systems and allow a person to consider the possibilities of a better future (Jack, Boyatzis, Leckie, Passarelli & Khawaja, 2013). Additionally, Boyatzis & Akrivou (2006) have discussed the role of a shared vision as the result of a well-developed set of factors that produce a desired image of the future. Outside of the organizational context, positive visioning has been known to help guide future behavior in sports psychology (Loehr & Schwartz, 2003), medical treatment (Roffe, Schmidt, & Ernst, 2005), musical performance (Meister, Krings, Foltys, Boroojerdi, Muller, Topper, & Thron, 2004), and academic performance (Curry, Snyder, Cook, Ruby, & Rehm, 1997). This Research Topic for Frontiers in Psychology is a collection of 14 original papers examining the role of vision and shared vision on a wide variety of desired dependent variables from leadership effectiveness and executive performance to organizational engagement, citizenship and corporate social responsibility, and how to develop it through coaching.
Leadership --- Family Business --- relationships --- engagement --- Vision --- citizenship --- coaching --- Emotional Intelligence --- prospection --- Shared Vision
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Der Mittelstand als Rückgrat der deutschen Wirtschaft steht vor einer kaum beachteten Herausforderung: dem Generationenwechsel auf den Chefsesseln. Demographischer Wandel und Alterung der heutigen Unternehmergeneration erhöhen die Anzahl angebotener Unternehmensübergaben. Aufgrund einer nach wie vor immer weniger werdenden Anzahl an Existenzgründungen kann dieses Angebot mangels Nachfrage immer schwieriger gedeckt werden. Das Problem hierbei ist: Scheitert der Generationenwechsel, erodiert das Erfolgsmodell Mittelstand. Das Buch liefert allen Interessierten einen Einblick dahingehend, was ein Unternehmer selbst tun kann, damit seine eigene Betriebsübergabe erfolgreich (nicht) scheitert. Der Inhalt Generationenwechsel im Mittelstand Relevanz der Unternehmensnachfolge Was kann ein Unternehmer tun, damit die Betriebsübergabe scheitert Was sollte ein Unternehmer tun, damit der Generationenwechsel erfolgreich wird Die Zielgruppen Unternehmensinhaber und Geschäftsführer, Manager aus dem Mittelstand Fachexperten aus Wirtschaft, Wissenschaft und Politik Studierende Der Autor Dr. Sascha Genders, LL.M. Eur., ist promovierter Volkswirt und Magister des Europäischen Rechts. Er ist stellvertretender Hauptgeschäftsführer der IHK Würzburg-Schweinfurt, zudem als Hochschuldozent aktiv sowie Autor und Herausgeber erfolgreicher Sach- und Fachbücher. Als Experte mit Erfahrung in der Beratung für Unternehmensnachfolge, Existenzgründung und Start-ups verfügt er über umfangreiches Praxiswissen im Thema Generationenwechsel.
Strategic planning. --- Leadership. --- Management. --- Family-owned business enterprises. --- Business Strategy and Leadership. --- Family Business.
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Dieses Buch zeigt kleinen und mittelständischen Unternehmen, wie sie ihre finanzielle Leistungsfähigkeit und damit ihr wirtschaftliches Herzstück – ihren Core – systematisch überprüfen und stärken können. Denn analog zum Core-Training für Fitness-Begeisterte gilt auch für Unternehmen: Je höher die innere Stabilität, desto attraktiver die Außenwirkung. Anhand eines fundierten Rating-Tests und klaren Kennzahlen wie Kapitalkraft, Verschuldung, Rendite oder Risikoreserve können KMU herausfinden, wie liquide, kreditwürdig und leistungsstark ihr Unternehmen derzeit ist und welche monetären Mittel noch verborgen sind. Ein handfestes Arbeitsbuch für alle Verantwortlichen in KMU, die schon immer die volle Finanzkraft ihres Unternehmens aktivieren wollten, um nachhaltig erfolgreich zu sein. Mit zahlreichen Checklisten, Schritt-für-Schritt-Anleitungen und konkreten Arbeitsaufträgen. Der Inhalt • Core-Sixpack-Test und Financial BMI: eine systematische Stärken- und Schwächen-Analyse • Quick-Win-Core-Training: kurzfristige Sofortmaßnahmen • Power-Core-Training: mittelfristig auf ein noch höheres Niveau • Professional Core-Training: langfristig gesund • Ratingbericht, Ratingdokumentation, Rating Advisory: effektiv zu einem verbesserten Rating • Alle wichtigen Kennzahlen – auf den Punkt erklärt Die Autoren Sascha Kugler ist geschäftsführender Gesellschafter der Alchimedus Management GmbH und aktiver Gesellschafter mehrerer Firmen. Seit 20 Jahren berät er KMU im Aufbau und bei der Revitalisierung von Unternehmenseinheiten sowie bei Gründungsvorhaben. Steffen Girmscheid, Steuerberater und Diplomkaufmann, berät mit seiner Steuerkanzlei Girmscheid & Partner seit mehr als 20 Jahren freiberufliche und gewerbliche Mandanten aus dem Mittelstand. Hierbei verbindet er die immer komplexer werdende Steuerberatung mit einer an Nachhaltigkeit orientierten betriebswirtschaftlichen Unternehmensberatung.
Small business. --- Family-owned business enterprises. --- Business enterprises—Finance. --- Small Business. --- Family Business. --- Business Finance.
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Long description: Wenn einschneidende Veränderungen massive Verunsicherungen im Leben der Menschen und ihrer Organisationen erzeugen, dann wird der Ruf nach guter Führung, nach neuen wirksamen Lösungen, die die Unsicherheit wieder wegnehmen, unüberhörbar. Im Unternehmenskontext sind dies die Zeiten, in denen neue Konzepte und Lösungsversprechen ins Leben treten und vorübergehend viel Aufmerksamkeit auf sich ziehen. Lassen sich familiengeführte Unternehmen von solchen Entwicklungen beeindrucken? In der Regel nicht. Familienunternehmen repräsentieren in der Art, wie sie geführt werden, eine ganz eigene Welt. Eine dieser identitätsstiftenden Besonderheiten ist ganz sicher in der Art und Weise zu sehen, wie in ihnen Führung organisiert ist und alltäglich praktiziert wird. Dieses Buch beleuchtet die Eigenheiten in der Führung von Familienunternehmen und gibt Einblicke in die Möglichkeiten, wie sich auch diese Unternehmensformen an neue Rahmenbedingungen und die neuen Anforderungen anpassen können. Biographical note: Rudolf Wimmer Prof. Dr. Rudolf Wimmer ist Gründer der osb international, Wien, und einer der prominentesten Vertreter der systemischen Unternehmensberatung. Er hat den Lehrstuhl für Führung und Organisation am Institut für Familienunternehmen der Universität Witten-Herdecke inne und ist seit 2012 Vizepräsident der Universität. Seine Arbeitsschwerpunkte sind Managemententwicklung, Strategie- und Leitbildfragen sowie zeitgemäßes Führungs- und Organisationsverständnis.
Family-owned business enterprises. --- Strategic planning. --- Leadership. --- Industrial organization. --- Family Business. --- Business Strategy and Leadership. --- Organization.