Succeeding Generations: Realizing the Dream of Families in Business

Lansberg, Ivan

ISBN 10: 0875847420 / ISBN 13: 9780875847429

Published by Harvard Business School Press, U.S.A., 1999

About this Item

Slight wear on jacket edges. One small tear on front cover. Otherwise like new.

Seller Inventory # 001866

Bibliographic Details

• Title: Succeeding Generations: Realizing the Dream of Families in Business
• Publisher: Harvard Business School Press, U.S.A.
• Publication Date: 1999
• Language: English
• ISBN 10: 0875847420
• ISBN 13: 9780875847429
• Binding: Hardcover
• Edition: 1st Edition
• Condition: Very Good
• Dust Jacket Condition: Very Good
• Seller catalogs:
  • BUSINESS

About this title

Synopsis

Finding the right successor to a well-loved founder or president is often the most difficult task an organization can face—and the challenge can be even greater for family-run businesses. Succeeding Generations explores leadership transitions in family businesses, offering a clear-eyed assessment of the different options, from direct succession to building partnerships between siblings and cousins.

Family-owned companies may dominate the worldwide business landscape, yet surprisingly few are successfully passed down from one generation to the next, and fewer still reach the third generation intact. Author Ivan Lansberg, an organizational psychologist who grew up in a family business, examines the reasons behind this high failure rate and reveals the factors that contribute to long-term success. He offers practical advice on how to mentor successors, how to set up a systematic selection process, and how to make the best use of the board of directors during times of transition.

With a wealth of examples from companies in the United States, Europe, and Latin America, Succeeding Generations provides a thoughtful and comprehensive look at the sensitive dynamics of leadership succession in family businesses.

About the Author

Ivan Lansberg, a coauthor of Generation to Generation, is a principle of Lansberg, Gersick and Associates and cofounder of the Family Firm Institute.