Entrepreneurs in Every Generation: How Successful Family Businesses Develop Their Next Leaders

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9781626561663: Entrepreneurs in Every Generation: How Successful Family Businesses Develop Their Next Leaders
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Discover What Makes Family Businesses Beat the Odds and Thrive over Generations

Families are complicated; family businesses even more so. Like other companies, family-run enterprises must develop leadership and entrepreneurial skills. But they must also manage family dynamics that rarely mirror the best practices in the latest Harvard Business Review.

Allan Cohen and Pramodita Sharma, scholars with deep professional and personal roots in family businesses, show how enterprising families can transmit the hunger for excellence across generations. Using examples of firms that flourished and those that failed, they describe the practices that characterize entrepreneurial individuals, families, and organizations and offer pragmatic advice that can be tailored to your unique situation.

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Book Description:

Many family firms fail because the entrepreneurial spirit that drove the first generation isn’t nurtured and developed in the generations that follow. Sharma and Cohen show how any family firm can create a "company of founders."

About the Author:

Allan R. Cohen is the Edward A. Madden Distinguished Professor of Global Leadership at Babson College. He is the coauthor of the bestselling books Managing for Excellence and Influence without Authority.
 
Pramodita Sharma is the Daniel Clark Sanders Chair and Professor of Family Business at the University of Vermont and a visiting professor at the Kellogg School of Management. She is the editor of Family Business Review.

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