Exploring both the psychological and practical underpinnings of family businesses, an experienced management consultant presents invaluable advice on minimizing conflicts and maximizing business success. Charts.

Navigate the complex decisions and critical relationships necessary to create and sustain a healthy family business—and business family. Though "family business" may sound like it refers only to mom-and-pop shops, businesses owned by families are among the most significant and numerous in the world. But surprisingly few resources exist to help navigate the unique challenges you face when you share the executive suite, financial statements, and holidays. How do you make the right decisions, critical to the long-term survival of any business, with the added challenge of having to do so within the context of a family? The HBR Family Business Handbook brings you sophisticated guidance and practical advice from family business experts Josh Baron and Rob Lachenauer. Drawing on their decades-long experience working closely with a wide range of family businesses of all sizes around the world, the authors present proven methods and approaches for communicating effectively, managing conflict, building the right governance structures, and more. In the HBR Family Business Handbook you'll find: A new perspective on what makes family businesses succeed and fail A framework to help you make good decisions together Step-by-step guidance on managing change within your business family Key questions about wealth, unique to family businesses, that you can't afford to ignore Assessments to help you determine where you are—and where you want to go Stories of real companies, from Marchesi Antinori to Radio Flyer Chapter summaries you can use to reinforce what you've learned Keep this comprehensive guide with you to help you build, grow, and position your family business to thrive across generations. HBR Handbooks provide ambitious professionals with the frameworks, advice, and tools they need to excel in their careers. With step-by-step guidance, time-honed best practices, and real-life stories, each comprehensive volume helps you to stand out from the pack—whatever your role.

Did you know eighty-five percent of family firms do not survive the third generation? Your Family, Inc.: Practical Tips for Building a Healthy Family Business will help the busy entrepreneur lower this drastic failure rate by providing great tips and practical advice for creating a successful and pleasant environment when working in the family business. Containing unique and valuable hints for building a better business, this book uses specific examples designed for different situations. Filled with suggestions and proven advice, this important guide offers important ideas on deciding which family members should control stock, who should first work in another company to gain experience, and how to determine which individuals should make business decisions, and much more. Your Family, Inc. offers you specific steps to help avoid common problems and pitfalls with such insightful tips as: recognizing the dangers of a family triangle to avoid any problems before they become detrimental to the company realizing the difference between being asked to respond as a family member--parent, daughter, uncle, or son--and when the problem relates to business developing strategies to keep the family firm accountable by developing a group of advisors that may include the corporate attorney, accountant, or CEOs of noncompeting industries making business decisions for the right reasons, and building consensus in the family to support the decisions creating criteria for future leadership in advance by recognizing the direction the industry is taking, the needs of the company and the values of the family From Your Family, Inc., you will discover how healthy families and healthy family firms develop practical decision-making processes which will endure for generations to come. This essential book provides you with practical information to help your family business improve family relations and to positively impact business now and for future generations.

Good planning is more than just thinking ahead; businesses need a strategic approach to ensuring their success. Keeping the Family Business Healthy provides readers with a guide to strategic thinking, including how to maintain growth, how to shape business direction, preparing for new leadership, and working with a large and diverse family base.

Discover simple habits and easy-to-implement daily rhythms that will help you find meaning beyond the chaos of family life as you create a home where kids and parents alike practice how to love God and each other. You long for tender moments with your children--but do you ever find yourself too busy to stop, make eye contact, and say something you really mean? Daily habits are powerful ways to shape the heart--but do you find yourself giving in to screen time just to get through the day? You want to parent with purpose--but do you know how to start? Award-winning author and father of four Justin Whitmel Earley understands the tension between how you long to parent and what your daily life actually looks like. In Habits of the Household, Earley gives you the tools you need to create structure--from mealtimes to bedtimes--that free you to parent toddlers, kids, and teens with purpose. Learn how to: Develop a bedtime liturgy to settle your little ones and ground them in God's love Discover a new framework for discipline as discipleship Acquire simple practices for more regular and meaningful family mealtimes Open your eyes to the spirituality of parenting, seeing small moments as big opportunities for spiritual formation Develop a custom age chart for your family to more intentionally plan your shared years under the same roof Each chapter in Habits of the Household ends with practical patterns, prayers, or liturgies that your family can put into practice right away. As you create liberating rhythms around your everyday routines, you will find your family has a greater sense of peace and purpose as your home becomes a place where, above all, you learn how to love.

Family-owned businesses are a predominant form of business organization in the United States, yet such businesses tend to have relatively short life spans, often limited to the working life of the founder-owner. The author, an educator and expert in family businesses, describes the character and life cycle of the family business and offers guidance in two crucial areas: strategic business planning and planning the family's role in the business and its future. Ward offers an able analysis of these factors, providing sound advice to those involved with family businesses. Recommended. Elin B. Christianson, Library Consultant, Hobart, Ind. -Library Journal.

From small start-ups to giant multinationals, from the Mom-and-Pop owned barber shop to Ford, family owned businesses continue to dominate the world economy. Regardless of size, running a successful family firm presents unique challenges, and many fail to survive the transition to the next generation. Here is a practical, comprehensive guide to ensuring success through effective strategic planning. The authors provide a wealth of tested, easy-to-follow tools and techniques for mastering strategic planning for family-owned firms. Filled with real world examples, case studies, checklists, and planning worksheets, the book shows how to deal with a host of emerging challenges--from new technologies and globalizing marketings--by integrating family values and dynamics into sound planning and management.