How to manage the complex work and personal relationships that are intertwined in family business. Covers issues of importance to those working with family members, including separating personal and business issues, deciding whether to enter the family business, managing family teams, succession, couples working together, holding a family meeting, creating a family council, and personal and leadership development. Contains many exercises, reflection questions and examples for immediate practical use by families and advisors.
Spotlight customer reviews:
Customer Rating: Summary: the BEST on the family side of family business Comment: This is one of two "required reading" texts for my clients and the transactional advisors who assist me in my own family busines practice. I've not found anything else as informative, insightful and helpful regarding "working with the ones you love." Great exercises that are readily accepted even by the more skeptical family members. Family businesses have told me they've found this helpful even when for fee or geographic reasons--my practice is limited to the Central Valley--I've referred them to this book in lieu of meeting with them personally.