9 Elements of Family Business Success: A Proven Formula for Improving Leadership & Realtionships in Family Businesses

3.1 avg rating
( 10 ratings by Goodreads )
 
9780071548410: 9 Elements of Family Business Success: A Proven Formula for Improving Leadership & Realtionships in Family Businesses

Running a family business is like running any other business--with the addition of many extra challenges. A family-owned enterprise involves unique management, compensation, hiring, and other business issues regarding family member employees. 9 Elements of Family Business Success addresses the specific challenges faced by owners of family businesses, and it shows family members employed in the business how to enjoy their positions while helping the organization reach its highest potential.

Every relationship between family members comes with its own unique set of dynamics. When transferred into the workplace, these dynamics introduce emotional factors and hot buttons that can make or break the business. In this comprehensive guide, Allen E. Fishman spotlights all the challenges such organizations face and provides practical advice for creating your own strategy to meet them--and strengthen relationships within the family, as well. Fishman provides solutions to the problems unique to a family-run business, along with handy checklists to ensure you're covering all the angles. You'll learn how to:

  • Create a written policy for hiring, reviewing, and terminating family member employees
  • Avoid family relationship tension regarding compensation
  • Choose a successor and create a succession development plan
  • Ensure good results-driven family communication and dynamics
  • Maintain healthy spousal relations when you work together
  • Recruit and retain talented non-family member employees

9 Elements of Family Business Success contains detailed case studies of specific challenges faced by real family business owners and employees. Each one explains how the owner or employee identified the problem and the steps he or she took to solve it. Apply Fishman's advice, and you'll experience all the benefits and avoid the pitfalls that come with running a family business.

"synopsis" may belong to another edition of this title.

From the Back Cover:

"What a powerful, greatly needed and comprehensive book on all the issues confronting family business!" -Stephen R. Covey, bestselling author of The 7 Secrets of Highly Effective People

A Practical Formula for Meeting the Challenges of Running a Family Business

Staying on top of daily business operations while keeping your employees motivated is a difficult task. Add family dynamics into the mix and every moment becomes a major project. 9 Elements of Family Business Success addresses the unique issues family-business owners and employees face each day and helps you devise your own strategies for meeting each one. Using the nine-step formula inside this book, you'll be equipped to ensure that:

  • Compensation issues don't give rise to family tension
  • Hiring and termination processes are clearly defined
  • Marriages don't suffer in spousal partnerships
  • The business remains profitable after you retire

Your position holds the promise of the best business ownership has to offer--as long as you remain vigilant of its natural pitfalls and maintain the know-how for avoiding them. This comprehensive and insightful guide provides the tools you need for reaping the rewards of entrepreneurialism, hard work, and a family-focused life.

About the Author:

Allen E. Fishman is the bestselling author of Seven Secrets of Great Entrepreneurial Masters. He is the founder and CEO of his family business, The Alternative Board (TAB), the world’s largest business peer board and coaching franchise system. A noted expert on privately held companies, Fishman has been featured in numerous media venues, including CNBC, Bloomberg, The Wall Street Journal, and USA Today, and he is a featured speaker at engagements around the world.

"About this title" may belong to another edition of this title.

Top Search Results from the AbeBooks Marketplace

International Edition
International Edition

1.

FISHMAN
ISBN 10: 0071548416 ISBN 13: 9780071548410
New Soft cover Quantity Available: > 20
International Edition
Seller
University Bookstore
(DELHI, DELHI, India)
Rating
[?]

Book Description 2008. Soft cover. Book Condition: New. This book is BRAND NEW Soft cover International edition with black and white printing. ISBN number & cover page may be different but contents identical to the US edition word by word. Book is in English language. Bookseller Inventory # UN-TM-IN-197

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 15.68
Convert Currency

Add to Basket

Shipping: US$ 11.20
From India to U.S.A.
Destination, Rates & Speeds

2.

Fishman, Allen
Published by McGraw-Hill Education (2008)
ISBN 10: 0071548416 ISBN 13: 9780071548410
New Hardcover Quantity Available: 2
Seller
Murray Media
(North Miami Beach, FL, U.S.A.)
Rating
[?]

Book Description McGraw-Hill Education, 2008. Hardcover. Book Condition: New. Bookseller Inventory # P110071548416

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 53.06
Convert Currency

Add to Basket

Shipping: US$ 2.99
Within U.S.A.
Destination, Rates & Speeds

3.

Fishman, Allen
Published by McGraw-Hill Education
ISBN 10: 0071548416 ISBN 13: 9780071548410
New Hardcover Quantity Available: 1
Seller
Cloud 9 Books
(Wellington, FL, U.S.A.)
Rating
[?]

Book Description McGraw-Hill Education. Hardcover. Book Condition: New. 0071548416 New Condition. Bookseller Inventory # NEW6.0028585

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 59.99
Convert Currency

Add to Basket

Shipping: US$ 4.99
Within U.S.A.
Destination, Rates & Speeds

4.

Allen Fishman
Published by McGraw-Hill (2008)
ISBN 10: 0071548416 ISBN 13: 9780071548410
New Hardcover Quantity Available: 1
Seller
Ergodebooks
(RICHMOND, TX, U.S.A.)
Rating
[?]

Book Description McGraw-Hill, 2008. Hardcover. Book Condition: New. 1. Bookseller Inventory # DADAX0071548416

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 80.96
Convert Currency

Add to Basket

Shipping: US$ 3.99
Within U.S.A.
Destination, Rates & Speeds