Justin B. Craig

Continuity Model Generation (eBook, ePUB)

Integrating Wealth, Strategy, Talent, and Governance Plans

• Format: ePub

Produktbeschreibung

Organize and plan for your family business's continued, intergenerational success Continuity Model Generation: Integrating Wealth, Strategy, Talent, and Governance Plans delivers a cohesive and comprehensive plan for family business leaders who seek to improve the chances of sustaining success across generations. Incorporating four distinct--but closely related--plans, Continuity Model Generation shows family businesses how to manage their strategy, their wealth, their talent, and their governance to achieve multi-generational success. The book also offers: * A coherent framework (Continuity Canvas) for the integration of its multiple plans affecting every critical aspect of the family-owned or controlled business * Straightforward and practical frameworks, meta-frameworks, and cornerstones to ground your family business's strategy * A variety of templates, checklists, and forms to organize your thinking and strategy Ideal for business-owning families, as well as their stakeholders and those who advise them, Continuity Model Generation: Integrating Wealth, Strategy, Talent, and Governance Plans is required reading for anyone interested in maintaining and developing family-based wealth.

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Produktdetails

• Verlag: Jossey-Bass
• Seitenzahl: 272
• Erscheinungstermin: 20. Oktober 2021
• Englisch
• ISBN-13: 9781119759355
• Artikelnr.: 62803163

Autorenporträt

JUSTIN B. CRAIG, PhD, is Professor of Entrepreneurship and Family Enterprise at Bond University in Australia and Visiting Professor of Family Enterprise and program director of the Center for Family Enterprises at the Kellogg School of Management, Northwestern University. He is the co-author of Leading a Family Business: Best Practices for Long-Term Stewardship.

Inhaltsangabe

List of Illustrations xi

List of Illustrated Tables xiii

List of Configuration Plans xv

Acknowledgments and Appreciation xvii

Introduction to the Continuity Model Generation xxi

Part I: 21 Frameworks and 6 Meta-Frameworks 1

Keystone Meta-Framework 3

Four Foundational Theoretical Approaches 3

Two Complementary Logics 15

Three Circles Framework 18

Familial Meta-Framework 25

The Big Tent Framework 25

RIPCC Best Practice Dimensions 28

Four Ps Framework 30

Four Cs Framework 32

Individual Meta-Framework 39

Five Servant Leadership Dimensions 39

Four Tests Framework 43

Four Leadership Priorities 45

Four Exit Strategies 48

Generational Meta-Framework 51

Four Ls Framework 51

Four Ownership Stages 55

Four Entrepreneurship Principles 60

Tactical Meta-Framework 63

Family Enterprise Heterogeneity Frameworks 63

Four Rs Framework 66

Four Strategy Dimensions Framework 69

Fundamental Meta-Framework 73

Four Trust Dimensions 73

Five-Stage Life Cycle Framework 76

Church and State Framework 79

Four Innovation Capabilities 82

Part II: The Continuity Canvas 85

Strategy: Strategic Planning for Continuity 87

Strategic Planning for Continuity I: Collecting and Collating Basic Information 87

Strategic Planning for Continuity II: Cornerstone Concept Equals a Quadruple-Bottom- Line Scorecard 91

Financial Perspective 93

Social Perspective 98

Environmental Perspective 103

Talent Perspective 108

Talent: Successors' Talent Development Planning for Continuity 115

Successors' Talent Development Planning for Continuity I: Collecting and Collating Basic Information 129

Successors' Talent Development Planning for Continuity II: Cornerstone Concept Equals Develop an Informed Individual Philosophy of Stewardship 131

Values - History - Legacy 133

Financial Literacy and Value Creation 137

Governance Role Preparation 145

Individual Development 150

Wealth: Asset, Wealth, and Estate Planning for Continuity 155

Asset, Wealth and Estate Planning for Continuity I: Collecting and Collating Basic Information 156

Asset, Wealth, and Estate Planning for Continuity II: Cornerstone Concept Equals Produce a Handwritten Individual Legacy Statement 158

Governance: Governance Planning for Continuity 169

Governance Planning for Continuity I: Collecting and Collating Basic information 169

Governance Planning for Continuity II: Cornerstone Concept Equals Craft the Family's Governance Philosophy 171

Business Governance 173

Family Governance 183

Ownership Governance 185

The Foundation 192

Part III: Configuring a Plan for the Plans 197

Configuration Plan One 199

Configuration Plan Two 203

Configuration Plan Three 205

Configuration Plan Four 207

Part IV: Appendix 209

Educating Educators 211

A Program Example 215

Part One: Frameworks and Meta-Frameworks 215

Part Two: Four Plans and Cornerstone Concepts for Continuity 218

Part Three: Presenting Configuration Examples 222

Part Four: Developing Your Own Continuity Canvas and Cornerstone Concepts 223

References and Further Readings 225

Index 231