Dynastic Planning
A 7-Step Approach to Family Business Succession Planning and Related Conflict Management
- 262 pages
- English
- ePUB (mobile friendly)
- Available on iOS & Android
Dynastic Planning
A 7-Step Approach to Family Business Succession Planning and Related Conflict Management
About This Book
This book is designed to be a guide to demystify the journey leading to preserving family legacy.
It is based on the fact that a family business is a partnership among its members, and that the most successful family business succession plan is the one devised by the family itself. In this book, the author shares his unique experience working with hundreds of business families and next-generation family business entrepreneurs from across the world. His 7-Step Methodologyā¢ offers an innovative and a systemic approach to family business succession planning and related conflict management. It focuses on the importance of maintaining an open dialogue among family members, and it paves the way to a structured conversation among those interested in achieving an orderly transfer of wealth from one generation to another.
The author further discusses the elements that traditionally cause tensions among partners who happen to be family members, and offers solutions that have been tried and tested over two decades and that are based on real-life examples and success stories. This text is designed for families in business who wish to start a succession planning conversation and to family business advisors invited to facilitate such a conversation.
Frequently asked questions
Information
- 1. Within family businesses, like all aspects of family life, things tend to be conducted behind closed doors. Like an iceberg, only the tiny tip is exposed and open to scrutiny. What you see is often a āhome-bakedā report devoid of the expertise required of otherwise managed companies or firms.
- 2. Only a handful of professionals have actually worked directly with families in business, as entry into the inner circle is by invitation only. Very few have been extended such a privilege, as outside intrusion is deemed to be unnecessary and unwelcome.
Table of contents
- Cover
- Halftitle
- Title
- Copyright
- Dedication
- Dedication-1
- Abstract
- Contents
- Preamble
- Acknowledgements
- Introduction
- Part 1
- Chapter 1
- Chapter 2
- Chapter 3
- Part 2
- Chapter 1
- Chapter 2
- Chapter 3
- Conclusion
- About the Author
- Index
- Backcover