Books

This outstanding book provides you with a detailed look at family  businesses, the most prevalent form of business in the world. Whether  you are a business student, or a member of a family who owns a business,  you will definitely benefit from this book, which leads with an  introduction to the unique nature of family businesses. Inside, the  author explores the many differences between a family-owned business and  a nonfamily-owned business. He discusses the major family business  theories and shows how family firms make business decisions. This book  also defines the significant issues prevalent in family firms and  explores the most problematic issue: the succession or the transfer of  ownership to the next generation. If you are a professional advisor to  family firms-such as accountants, attorneys, bankers, insurance  providers, and financial services-you'll undoubtedly develop a better  understanding for your clients.

This book was chosen by Harvard Business Publishing to be sold on their site as individual chapters. Professors and students can use each chapter to pair with Harvard Business School Case Studies.

If you are Interested in Dr. Alderson coming to your business for a seminar on this subject? Please contact us.

Fantastic  book if you want to better understand the culture of a family business.  A necessity if you are running or considering in engaging in a family  business!

Dominic N.

A very nice overview of the significant differences between family and non family businesses the opportunities, challenges, 

and how to manage the issues. A great read!

Sean. A

https://www.amazon.com/Understanding-Family-Business-Differences-Businesses-dp-1631575732/dp/1631575732/ref=mt_paperback?_encoding=UTF8& me=&qid= 

https://www.amazon.com/Understanding-Family-Business-Second-Differences-ebook-dp-B07CYK9Y58/dp/B07CYK9Y58/ref=mt_kindle?_encoding=UTF8&me=&qid=

This  book presents research-based  information to provide the reader a  deeper understanding of the complex  nature of family owned businesses,  their problems and challenges, and  the unique governance structures and  mechanisms that have been developed  to properly guide a family  business to greater effectiveness.

Family   business is the most prevalent form of business organization in the   world. Much of the existing literature on family and corporate   governance focuses on the larger and often publicly owned corporations   instead of the unique and special issues of the much more prevalent   privately held (usually smaller) family businesses. This book presents   research-based information to provide the reader a deeper understanding   of the complex nature of family owned businesses, their problems and   challenges, and the unique governance structures and mechanisms that   have been developed to properly guide a family business to greater   effectiveness.

For  the family, such structures include having  family meetings, a family  council, and a family constitution. For the  business, the board of  directors provides experienced and knowledgeable  advice and  recommendations, as well as oversight and monitoring  activities. For  the owners, a shareholder's council and an annual  shareholder meeting  allows increased communication and voting on  decisions. These family  governance mechanisms have been shown to  increase communication, reduce  conflict, and improve decision making and  professionalism. Each  governance tool will be explored in depth. The  audience for this book  is family business owners, consultants,  practitioners, and family  business scholars. Cases will provide readers  an opportunity to apply  their learning to real business problems.

Interested in Dr. Alderson coming to your business for a seminar on this subject? Please contact us.

This  book changed our company! The author explains all the ways to manage  and prevent conflict and increase our communication. We put in a family  council and are writing our family constitution now. We are progressing  more now than ever!

Jacob A.

The  author presents the material well. It is an easy to read. We did a few  of the recommended steps and have been more productive with less  infighting.

Megan S.

https://www.amazon.com/Family-Business-Governance-Effectiveness-Professionalism/dp/194999130X/ref=tmm_pap_swatch_0?_encoding=UTF8&qid=1562086712&sr=8-2

https://www.amazon.com/Family-Business-Governance-Effectiveness-Professionalism-ebook/dp/B07QLNZTM7/ref=tmm_kin_swatch_0?_encoding=UTF8&qid=1562086712&sr=8-

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