Description
Building Family Business Champions provides a theoretically sound and practical framework for understanding the challenges that family businesses face. Drawing on three decades of consulting with more than 250 companies, their own experience running a family-owned firm, and sound research, Eric G. Flamholtz and Yvonne Randle explain that the success of these companies hinges upon the dual management of family functionality and the company's infrastructure. They present a set of managerial tools for planning, structuring the business, measuring performance, and managing culture.
After laying this groundwork, they attend to issues that uniquely pertain to these companies, such as succession and the challenges of familial dysfunction. Finally, the book offers a set of short self-assessments that can be used in any family business. Richly illustrated with stories of companies at various stages of growth from around the globe, this book provides a comprehensive guide for building businesses that thrive from generation to generation.
Author: Eric G. Flamholtz, Yvonne Randle
Publisher: Stanford Business Books
Published: 03/02/2016
Pages: 272
Binding Type: Hardcover
Weight: 1.10lbs
Size: 9.10h x 6.30w x 0.90d
ISBN13: 9780804784191
ISBN10: 0804784191
BISAC Categories:
- Business & Economics | Leadership
- Business & Economics | Management | General
- Business & Economics | Entrepreneurship
About the Author
Eric G. Flamholtz is President of Management Systems Consulting and Professor Emeritus at the UCLA Anderson School of Management. Yvonne Randle is Executive Vice President of Management Systems Consulting and Lecturer at the UCLA Anderson School of Management. Owners of their own family business founded in 1978, they are the authors of Corporate Culture (Stanford, 2011) and Growing Pains (5th edition, 2016).