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Engaged Ownership - A Guide for Owners of Family Businesses (Hardcover)
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Engaged Ownership - A Guide for Owners of Family Businesses (Hardcover)
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Successful ownership transition requires effective decision making
at the top Engaged Ownership is the definitive owner's guide to the
family enterprise. Whether you're taking over a family business,
family office, or trust, this book shows you how to work
effectively with the management and board to keep the enterprise
moving in the right direction. The first guide of its kind written
from the owner's perspective, this book is designed to help owners
who are truly committed to growing all forms of capital be
successful in their role. You'll learn the time-tested process that
helps you 'unstick' decision-making, become engaged and effective,
and manage the transfer from owner control to shared ownership
while minimizing risk. Improve communication and relationships with
the board, and ensure that every stakeholder understands your
strategies and vision for the future. You'll allay the fears that
frequently accompany ownership transfers, and inspire a sense of
teamwork that leads to sustainable success generation after
generation. As the Baby Boomers retire, business founders and
entrepreneurs worldwide are transferring ownership of privately
held enterprises to their children in record numbers. It can be a
complex and difficult-to-navigate time for everyone involved. This
book helps you smooth the way to a successful transition, and
transcend the owner's traditionally passive role. * Learn to work
effectively with management and the board * Get everyone on the
same page in terms of vision and direction * Build relationships
that lead to forward-thinking decision making * Succeed in the
ownership role by bringing your expertise to the fore Ownership
transfer often triggers a radical change in family enterprise, and
if poorly managed, can turn a business in the wrong direction.
Engaged Ownership shows you how to build a dynamic and effective
partnership with trustees, board, and management, and become a
successful steward of the family's financial, human, social, and
operational capital.
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