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Ownership and Management

March 1, 2004

By using the ‘four phases of succession’ a family business owner can pinpoint precisely where the business is and then smoothen the transition to the next generation. But the key is to take painstaking care during the early phases

Dennis T Jaffe is Professor at Saybrook Graduate School in San Francisco, author of Working With The Ones You Love and a founding member of the Aspen Family Business Group.

By using the 'four phases of succession' a family business owner can pinpoint precisely where the business is and then smoothen the transition to the next generation. But the key is to take painstaking care during the early phases

March 1, 2004

Many a family firm has crashed and burned amid recrimination, but many remain the world’s most respected enterprises. So just what is the role of leadership and family culture in the chemistry of success and failure?

Nigel Nicholson is Professor of Organisational Behaviour at London Business School. Åsa Björnberg is Research Assistant at London Business School on the LIFBRI (Leadership in Family Business Research Initiative).
(This work is supported under ESRC grant  – RES-051-27-0086. For a more detailed report of the survey findings or further information contact the London Business School. www.london.edu/family_business/)

March 1, 2004

With a comprehensive business plan, the backing of their shareholders and a will to travel, there is no reason that family businesses should not be embracing business expansion outside their domestic market

Ernesto J Poza is Professor of Family Business and Director of the Partnership with Family Business at Case Western Reserve University (USA). He consults and serves on the boards of sseveral family companies in the US, Latin America and Europe.

With a comprehensive business plan, the backing of their shareholders and a will to travel, there is no reason that family businesses should not be embracing business expansion outside their domestic market

March 1, 2004

The Family Business Network is the World Association for Family Enterprises. Part of its mission is to raise awareness of the societal importance and economic significance of family enterprises around the world.

Barbara Murray is Consultant Editor of Families in Business. Guido Corbetta  is Professor of Strategy in Family Businesses at Universita Bocconi. Gioacchino Attanzio is CEO of AidAF.

January 1, 2004

A family council is common in a large, sophisticated family-run firm. But they can be tricky to implement and, like families, each is unique and evolves in its own way

John L Ward is the Co-Director of the Center for Family Enterprises at Kellogg School of Management (USA) and the Wild Group Professor of Family Business at IMD (Switzerland). He serves on the boards of four family companies in Europe and the USA.

A family council is common in a large, sophisticated family-run firm. But they can be tricky to implement and, like families, each is unique and evolves in its own way

January 1, 2004

Recent events around corporate scandal present new challenges for family controlled public companies and their shareholders. Among the challenges is the diversification of the composition of boards, but just how far should reforms go?

Daisy Medici is Managing Director of Genus Resources, a US-based firm that provides consultation to family controlled enterprises across the US and internationally.

Recent events around corporate scandal present new challenges for family controlled public companies and their shareholders. Among the challenges is the diversification of the composition of boards, but just how far should reforms go?

January 1, 2004

Acting quickly to repair short-circuits in a family’s communication process can save a great deal of hardship down the line

Dennis T Jaffe is Professor at Saybrook Graduate School in San Francisco, author of Working With The Ones You Love and a founding member of the Aspen Family Business Group.

Acting quickly to repair short-circuits in a family's communication process can save a great deal of hardship down the line

January 1, 2004

Wealthy, well-known business families are targets for kidnappers, but can make provisions to be ready for such a crisis with kidnap and ransom insurance

Melanie Stern is Section Editor for Families in Business magazine.

Wealthy, well-known business families are targets for kidnappers, but can make provisions to be ready for such a crisis with kidnap and ransom insurance

January 1, 2004

The practice of mixing spirituality and morality persists today in definitions of spirituality in business. Gail Regan examines the ambivalent nature of corporate social responsibility

Gail Regan is president of Cara Holdings and the author of The Evil Governor, an audiobook and case study on corporate governance in family business. (It is available from Davey Productions, 95 Rumsey Road, Toronto, Canada M4G 1P1.)

The practice of mixing spirituality and morality persists today in definitions of spirituality in business. Gail Regan examines the ambivalent nature of corporate social responsibility

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