The Family Strategy

How Families Secure Their Business Across Generations

The Family Strategy

How Families Secure Their Business Across Generations

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Successful entrepreneurial families are stable because they have structures and rules. These form the basis for constructive interaction between the family, shareholders, and the business. Without them, the ability to act is impaired-both in day-to-day operations and strategic decisions, due to conflicts and lack of foresight. Kirsten Baus, an expert in family governance and succession planning, offers the solution with the family strategy. Based on a shared understanding of values, goals, and roles, she develops a stabilizing set of structures and rules with entrepreneurial families. These provide relief, create security and predictability, and reduce conflicts. Most importantly, they make an entrepreneurial family capable of strategy-able to plan ahead and position themselves correctly.



Strengths and Weaknesses of Entrepreneurial Families

Obstacles, Pitfalls, Barriers
The Family Strategy as a Path to a Strong Entrepreneurial Family
Assessments and Directional Decisions
Family Charter and Articles of Association
Institutions
Perspectives
Stability in the Family Business.


ISBN 978-3-658-47340-2
Artikelnummer 9783658473402
Medientyp Buch
Copyrightjahr 2025
Verlag Springer, Berlin
Umfang XXVI, 153 Seiten
Abbildungen XXVI, 153 p. 14 illus., 2 illus. in color.
Sprache Englisch