Succeeding Generations

In this summary you will learn

• The dangers that generational succession poses to family-owned businesses
• The strengths and weaknesses of the ownership structures most commonly found in family businesses
• How to groom leaders among younger generations and effectively manage their succession to leadership positions

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Why you should read Succeeding Generations

Succeeding Generations takes the family business where few dare to venture: into the perilous landscape of succession - the boneyard of many a family enterprise felled by dissension, sibling rivalry, and greed. Ivan Lansberg, co-founder of the Family Firm Institute and your guide through this treacherous terrain, neatly straddles the worlds of academic rigor and real-world experience as he shows you how to pave the way for the generation to come. Case studies of well-known family businesses illustrate Lansberg’s observations and bring his advice home. getAbstract.com recommends this book to anyone involved in the complex concern of family business.

About the Author

Ivan Lansberg  grew up in a family business, and serves as an organizational psychologist in New Haven, Connecticut. He is co-founder and senior partner of Lansberg-Gersick, a firm specializing in family enterprise and philanthropy. He is also co-founder of the Family Firm Institute, and the founding editor of the Family Business Review.