Disruptive Successor: A Guide for Driving Growth in Your Family Business - Softcover

Goldhill, Jonathan

Softcover

ISBN 10: 1544515707 ISBN 13: 9781544515700

Publisher: Houndstooth Press, 2020

Synopsis

If you are about to take over a family business — or already have — you have probably discovered that no business school prepared you for the part that is hardest: leading people who knew you before you were the boss, making decisions your predecessor would have made differently, and figuring out how to honor what was built while building what comes next. Disruptive Successor is the book written for exactly that moment.

Jonathan Goldhill knows this experience from both sides. As a fourth-generation successor who watched his family's business flourish for 80 years but fail to continue to the fourth generation, and as a coach who has helped hundreds of next-generation leaders navigate the same crossroads, he built a framework that does something most business books never do: it gives you permission to lead as yourself. The 7Ps framework inside this book is not a set of someone else's rules. It is a structure for discovering your own.

About this title

About the Author

JONATHAN GOLDHILL is a master coach and business strategist who specializes in guiding entrepreneurs and family business owners to scale up or exit their business. Jonathan left New York for California at age 20 after his family's large, privately-held men's apparel manufacturing company--started by his great-grandfather--sold to a conglomerate in its third generation of family ownership. Within ten years, Jonathan had established himself as the go-to expert for entrepreneurs looking to find their version of freedom. Today, Jonathan brings thirty years of experience to his work coaching, consulting, training, financing, and guiding entrepreneurial and family businesses.

From the Back Cover

The next generation is ready to lead differently. But is the family business ready to let them?
According to Deloitte, next-generation family business leaders overwhelmingly expect to make changes when they take over:
* 80% say their leadership style will differ from the previous generation
* 76% say innovation will be a top priority
* 56% intend to change strategy and corporate governance
* 51% expect to take more risks, but in a more controlled way
Yet successful succession remains rare.
Although most family business owners hope to pass their companies to the next generation, only a fraction remain successful across multiple generations. The problem is rarely a lack of ambition. More often, it is the tightly woven knot of unspoken plans, unclear authority, family conflict, founder dependence, and resistance to change.
Disruptive Successor was written for the next-generation leader trying to untangle that knot.
Business coach and family business advisor Jonathan Goldhill offers a practical framework for:
* earning trust before assuming authority
* modernizing a family business without rejecting its legacy
* improving communication across generations
* building systems that reduce dependence on the founder
* strengthening people, processes, profitability, and performance
* scaling the company or preparing for a successful transition or exit
Jonathan brings more than thirty years of experience coaching, consulting, training, financing, and guiding entrepreneurial and family-owned businesses. His work is also personal: his own family's large apparel manufacturing company, founded by his great-grandfather, was sold during its third generation of family ownership and disappeared within a decade.
That experience shaped the question at the heart of this book:
How can the next generation protect what the family built while having the courage to lead it differently?
Disruptive Successor gives you the playbook.
"With 40% of family business owners expecting to retire and many in the next five years, having a coach and a playbook to guide you through the succession is vital. Disruptive Successor gives you the playbook and the coach together."
— Verne Harnish, founder of Entrepreneurs' Organization and author of Scaling Up

Edition details

• Publisher: Houndstooth Press
• Publication date: 2020
• Language: English
• ISBN 10: 1544515707
• ISBN 13: 9781544515700
• Binding: Paperback
• Number of pages: 224