Normal view MARC view

Why the best family businesses plan

Author: Carlock, Randel S. INSEAD Area: Entrepreneurship and Family Enterprise Series: Working Paper ; 2009/63/EFE/WICFE Publisher: Fontainebleau : INSEAD Wendel International Centre for Family Enterprise (WICFE) 2009.Language: EnglishDescription: 24 p.Type of document: INSEAD Working Paper Online Access: Click here Abstract: Families are about caring and businesses are about money – not a likely formula for a successful partnership. Unfortunately those are the facts and family enterprises around the world have found that planning for these two often conflicting systems is the key to family harmony and business success. The new Parallel Planning Process is an improved version of a proven tool for aligning the family and business systems’ thinking and planning into a comprehensive family enterprise plan. This parallel planning model facilitates communication about the business’s potential which is supported by a family’s investment of its human and financial capital. The article discusses how successful business families develop plans and actions to ensure owner and leadership transitions that promote family harmony and sustain business performance.
Tags: No tags from this library for this title. Log in to add tags.
Item type Current location Collection Call number Status Date due Barcode Item holds
INSEAD Working Paper Digital Library
PDF Available BC008927
Total holds: 0

Families are about caring and businesses are about money – not a likely formula for a successful partnership. Unfortunately those are the facts and family enterprises around the world have found that planning for these two often conflicting systems is the key to family harmony and business success. The new Parallel Planning Process is an improved version of a proven tool for aligning the family and business systems’ thinking and planning into a comprehensive family enterprise plan. This parallel planning model facilitates communication about the business’s potential which is supported by a family’s investment of its human and financial capital. The article discusses how successful business families develop plans and actions to ensure owner and leadership transitions that promote family harmony and sustain business performance.

Digitized

There are no comments for this item.

Log in to your account to post a comment.
Koha 18.11 - INSEAD Catalogue
Home | Contact Us | What's Koha?