Harvard Business Review Family Business Handbook: How to Build and Sustain a Successful, Enduring Business is a comprehensive guide published in 2021. Here’s an overview:
Overview
The Harvard Business Review Family Business Handbook serves as a practical resource for family-owned businesses, offering insights and strategies to help them thrive across generations. The book covers a range of topics pertinent to family businesses, including governance, succession planning, conflict resolution, and maintaining family dynamics alongside business operations.
Key Themes
— Governance Structures: Establishing effective governance to balance family interests and business strategies.
— Succession Planning: Preparing for leadership transitions to ensure long-term sustainability.
— Conflict Management: Strategies for resolving disputes and maintaining harmony within the family and business.
— Legacy and Values: The importance of defining and preserving the family’s values and vision for future generations.
— Innovation and Growth: Encouraging adaptability and innovation while staying true to the family’s heritage.
Reception
The handbook is regarded as a valuable resource for family business leaders, advisors, and scholars, praised for its practical advice and research-backed insights. It provides actionable strategies that can be implemented in real-world scenarios.
Target Audience
Ideal for family business owners, executives, and consultants, as well as students and researchers interested in entrepreneurship and family business studies.
The Harvard Business Review Family Business Handbook is designed to help family businesses navigate the unique challenges they face and build a legacy that endures through generations.
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