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Consultation to Family Business Enterprises - An International Perspective (Hardcover, 1st ed. 2021)
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Consultation to Family Business Enterprises - An International Perspective (Hardcover, 1st ed. 2021)
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While family businesses have existed for millennia all over the
world, it is only in the past few decades that professional
consultants have been utilized to help them function more
effectively. This engaging, up to the minute volume explores the
varied and complex world of family enterprises as they now exist in
the third decade of the 21st century. Attention is given to the
factors unique to family businesses in their attention to
perpetuating family values, traditions, loyalties and their legacy
to future generations. Consultants may be drawn from law, finance
and accounting, organizational psychology, or family psychology
(with its special emphasis on understanding the family relationship
system). The book describes methods of assessment and how to
effectively communicate the results as well as techniques of
consulting and provides an invaluable description of what is
necessary to be and become a family business consultant. Readers
will benefit from explorations of A new model featuring 8
inter-related business domains Cybersecurity issues and how to
handle them Working collaboratively with financial and legal
professionals Comprehensive coverage of research based assessment
instruments Given that over 85% of the businesses in the world,
from small to multinational in size and scope are family
businesses, the enormous amount of information conveyed in this
volume can be extremely valuable to professional consultants and
those in the C Suite (CEO's, CFO's, COO's) in helping businesses
operate at maximum efficiency, productivity, profitability and
satisfaction to all involved. "Throughout this well organized and
well written book, the authors raise the pivotal questions that
form the basis for becoming and being an exceptional family
business consultant. Psychologists can learn to transform family
business conundrums into healthy interactions between the family
members of the enterprise before, during, and after transitions of
the company. The various aspects of serving as a consultant are
fleshed out in the carefully-researched chapters. Case studies show
the patterns of behavior that can lead to continuing
multigenerational successes or hard dissolutions. Their new model
entitled "The Dynamic Interactive Multifactorial Family Enterprise
Ecosystem Model" constitutes a major contribution to the field. The
best part of the book remains its celebration of the importance and
richness of family businesses across generations that will inspire
any reader." G. Andrew H. Benjamin, JD, PhD, ABPPPast President,
American Academy of Couple & Family Psychology Past President,
American Board (ABPP) of Couple & Family Psychology Clinical
Professor of Psychology & Affiliate Professor of Law,
University of Washington
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