Developing policies to guide decision making can help the family business avoid serious problems. When everyone in the family understands the basis for decision making there is very little room for feeling slighted-- yet few businesses take the time to work together to develp their policies. The authors provide a step-by-step process for engaing family members in developing policies which cover issues such as: dealing with conflicts of interest; retirement timing; distribution of profits; loan programs; compensation and succession.

Identifying and developing leaders in a family business can be more difficult than traditional business. How do you develop each child differently, how do you lead your sibling-- who in fact may be older than you? Balancing the diverse demands of your business, your family, and your shareholders means taking extra effort. Here authors Aronoff and Baskin discuss the different styles of leadership and what style might work with what family member--including the Directing Leader; the Coaching Leader; the Counseling Leader; and the Delegating Leader.

The most successful families have strong values that are deeply rooted in emotional bonds and shared history. These values have important underpinnings to decisions that are made each day, from how we treat people to strong strategic decisions made in business. This book shows readers how to tap into core values and use them for strategic advantage.

Family Business Values covers:

* how values bring power to the family business,

* how family values can strengthen day-to-day operation,

* how values can help to resolve conflicts within the family and between family and business,

* how to identify and articulate genuine family values,

* how to nurture and pass on values in the family and the business

* how to renew and reinterpret values to retain their productive power in today's fast-changing world, and much more.

While every family business is unique, embracing systematic governance processes can help any family business achieve goals shared by virtually all: orderly decision-making, peaceful continuity, and the freedom to make decisions based on the highest and best purposes of both the business and the family.

Family business leaders of the past could often guarantee decades of success built on a single, long-lived strategic plan. But the current rapid rate of change makes ongoing success an infinitely more difficult challenge. What works today is passe tomorrow. In "Make Change Your Family Business Tradition," those involved in or with a family firm will learn how to: build and preserve a foundation for constant renewal; modify the company's culture while preserving its values; recognize and overcome the inhibitors to change; adapt traditions to contemporary realities; develop characteristics of an effective change leader; respect the past while embracing the future; encourage and make room for the next generation's changes; gain family and employee commitment to change...and much more.

The founders of the family business must impart their vision and leadership to succeeding generations. Preparing those generations for leadership is challenging and encompasses a lifetime, but it is critical to the continuity and revitalization of the business. Aronoff and Ward's strategy for a smooth transition prepares successors for their role in the future of the firm.

Preparing to pass the family business on to the next generation is perhaps the roughest and most critical challenge facing business owners. Yet most businesses don't realize that succession is a lifelong process of planning and management. Leaders will learn how to create a succession plan; how to develop opportunities for succession candidates; how to build consensus with the family and leaders on succession plans; and when and how to let go of their own role in the business.

Family Meetings demonstrates the value of family meetings and how to effectively use family meetings to achieve family and business milestones. In its information-packed pages you'll learn ten benefits of effective family meetings; how to use family meetings to plan for future ownership and participation in the family business; how to use family meetings to preserve family traditions and history and to recognize and resolve conflicts; the key questions to be dealt with at family meetings; how to organize and run effective family meetings; how family meetings change as the business evolves; how to separate family issues from business issues; how to use rituals and ceremonies for bonding and recognition.

Compensation is one of the most discussed items in business. And in a family business it gets personal. Authors Aronoff, McLure and Ward answer the some of the most important questions when it comes to the family-- what is fair pay among family members? How do I determine appropriate pay for my child? What should I pay my shareholders? This book helps leaders develop a philosophy of compensation which includes salaries, benefits and perks. After reading, leaders will be able to develop their own compensation framework that can be applied to anyone in an organization and will relieve decision makers of the burden of developing individual compensation packages. From determining market values to creating incentive plans- this book is essential for all family businesses.

Leading a family business can be complex, and every business owner needs help from time to time--but choosing the right advice can make or break the business. In "How to Choose and Use Advisors," Authors Aronoff and Ward establish benchmarks for excellent advisory services and they show businesses owners how to benefit from advice ranging from legal and financial to executive search and organizational development.

Hiring and working with non-family managers can present challenges to the family business. Developing trusting relationships with people from outside the family and sharing secretive information are some of the difficulties expanding companies can face. However, it is essential to create an environment in which non-family managers can succeed for the good of the business and the good of the family. This book explores the processes of hiring, managing, and retaining talented outside executives.

Relinquishing control of the family business is an emotionally difficult experience. "Letting Go "helps family business owners and CEOs make the decision to begin succession planning. It provides new ways of thinking about giving up control of the family business and explores practical strategies for preparing, managing, and carrying out the decision to do so.

Through an investigative look at familial interactions, the authors highlight normal conflicts, criticisms, and communications failures that are a part of the family experience as well as their effects on working relationships within the enterprise.

Strategies for family firms, unlike those of other businesses, can and should incorporate family factors. Responsible and disciplined strategic integration of family and business goals, strengths and values produces powerful results.

"In Preparing Your Family Business For Strategic Change," you'll learn:

* How to reach your family business's strategic potential

* How to make change your tradition

* How to prevent past successes from limiting future ones

* How to recognize and use your family business's advantages

* How to overcome family business disadvantages

* How to depersonalize successes to benefit the business and the family

* How to create a strategic culture

Creating and implementing successful family business strategy is no abstract planning process. It requires family business leaders to understand the real reasons for success, to create a culture of change, and to manage incremental strategic experiments in ways that consistently stimulate strategic thinking. Preparing Your Family Business For Strategic Change shows you how.

50 Studies Every Pediatrician Should Know presents key studies that have shaped the current clinical practice of pediatrics. Selected using a rigorous methodology, the studies cover topics including: allergy immunology, behavioral, cardiology, dermatology, endocrinology, ENT, general pediatrics, hematology, infectious disease, neonatology, nephrology, neurology, oncology, ophthalmology, orthopedics, and pulmonary. For each study, a concise summary is presented with an emphasis on the results and limitations of the study, and its implications for practice. An illustrative clinical case concludes each review, followed by brief information on other relevant studies. This is one of the only books of its kind to present a collection of the most influential clinical trials in pediatrics that are detailed enough to be used on rounds, but still easily digestible.

Statistics show that many family businesses fail by the third generation-- those that survive are able to navigate the transition from a sibling run business to an expanded family run business. Here Aronoff and Ward show siblings and cousins how to work together on key issues that are critical to the future success of the business including how to attract the most capable family members into leadership roles, how to develop agreement among many owners, and how to create a "cousin collaboration" which will go a long way to determining the prosperity and fortune of your firm.

Translational Research and Clinical Practice offers a clear and comprehensive introduction to evidence-based medicine. The use of medical literature has always been an integral tool for patient care, yet recently the modern processes of question formulation, literature search, and study evaluation have changed with the advent of the internet and technology. The physician must be able to find empirical evidence from the appropriate study using a searchable question and then determine its impact on patient care. The book provides the general framework for such medical decision making; it covers all kinds of cases and strategies, including questions of diagnosis, therapy, prognosis, differential diagnosis, clinical presentation, and causality.
The tested material and approaches in this book are based on a course developed and taught by the author at Temple University School of Medicine. Organized for ease of use, accessibly written, and replete with clinically germane examples, Translational Research and Clinical Practice is a concise guide for medical students and clinicians seeking to effectively interpret and apply medical evidence in daily practice.