Go to categories
118 / 18
Meg Cadoux Hirshberg
An Inc. Original, 2012
(8)
Randel S. Carlock and John L. Ward
Palgrave Macmillan, 2001
(9)
Manfred F. R. Kets de Vries et al.
John Wiley & Sons, Inc., 2007
(7)
Jack Mitchell
Hyperion, 2003
(9)
Siobhán Creaton
Aurum Press, 2005
(9)
Peter Leach
Profile Books, 2007
(8)
Larry and Laura Colin
Career Press, 2008
(7)
Judy Martel
Bloomberg Press, 2006
(7)
James E. Hughes Jr.
Bloomberg Press, 2004
(8)
Grant Gordon and Nigel Nicholson
Kogan Page, 2008
(8)
David S. Landes
Viking Press, 2006
(8)
Fred Neubauer and Alden G. Lank
Routledge, 1998
(8)
Kelin E. Gersick et al.
Harvard Business Review Press, 1997
(9)
Louis P. Crosier
John Wiley & Sons, Inc., 2004
(7)
Ivan Lansberg
Harvard Business Review Press, 1999
(9)
John Ward et al.
John Wiley & Sons, Inc., 2005
(8)
William T. O'Hara
Adams Media, 2004
(7)
118 / 18
Family Business
Just because you eat your meals at the same table doesn't necessarily mean you want to work with your family. The dynamics of operating a family business are distinctive, demanding and complex. Spending 40 hours a week -- or more -- at the office with your parents, spouse, siblings or children presents unique challenges. Some families are able to manage the transition between private life and work life; others struggle to separate the two. In either case, getAbstract's insightful
summaries on running a family business will provide the information and direction you need to make your special arrangement work.
Some of the world’s most successful and prestigious family-owned corporations have thrived throughout multiple generations. On the other hand, history is replete with examples of family businesses that have been doomed by hopeless, bitter infighting. Family businesses, large or small, typically must overcome similar obstacles. getAbstract will show you how to avoid common pitfalls, such as discussing personal matters at the office or failing to utilize impartial consultants to mediate policy debates.
The Write Approach
Shooting from the hip is never a wise
strategy – especially in a family business. getAbstract will demonstrate the necessity of putting everything in writing, from individual duties and responsibilities to executive hierarchy to compensation and bonuses. You’ll see the wisdom in
hiring talented and experienced managers from the outside, even if it means bypassing family members to fill influential positions. The bottom line is that getAbstract will give you the best opportunity to succeed. And who doesn’t want that for their family?