Unconventional Wisdom
Counterintuitive Insights for Family Business Success
John Wiley & Sons, Inc., 2005
Category:
Small Business
Get the summary
Subscribe today and dramatically increase your business knowledge in your own time and at an affordable rate. Our summaries will update your skills, jump-start your career and put you ahead of the pack. Learn how to thrive in every aspect of your professional life.
getAbstract rating
| Overall |
|
(8)Applicability |
|
Innovation |
|
Style |
|
(7)
(9)| Level of Expertise |
|
(6)In this summary you will learn
- Why family businesses perform well
- Why family businesses should not be managed the same way as public corporations
Why you should read Unconventional Wisdom
This brief book is the product of an academic collaboration but its professorial essays are mercifully clear and free of academic jargon. This collection, edited by John Ward, explores the performance, management and governance issues that matter most to family businesses. The title refers to the fact that family-owned companies are unconventional, at least in comparison to publicly owned businesses and, therefore, they need a distinctive management approach. Family businesses derive competitive advantage from precisely those practices that conventional managers abhor - such as nepotism. getAbstract recommends this book to anyone engaged in a family business, and certainly to other academics studying this subject.
About the authors
The authors are professors at IMD, a business school in Lausanne, Switzerland. Daniel Denison teaches management and organization. Peter Lorange teaches strategy. Jean L. Kahwajy and George Kohlrieser teach organizational behavior. Ulrich Steger chairs environmental management. Joachim Schwass co-directs the school’s Family Business Center and teaches family business, as does editor John Ward. Colleen Leif is the Center’s lead researcher.
If you wish to purchase 20 or more copies of this title (not the summary, but the actual book), please contact us at info@getAbstract.com. Make sure you include the title of the book and your phone number.
getAbstract makes it easy for you to access the summary of Unconventional Wisdom any time or any place. Once registered, you can choose from a variety of download formats: PDF for your computer, BlackBerry, iPhone, Kindle, PDA or other handheld devices. You can even obtain the audio version of many of our summaries.
Subscribe today to gain access to this summary as well as many other compelling titles!