Rodrigo Basco

Family Business Management

• Gebundenes Buch

Produktbeschreibung

Family Business Management provides an accessible overview of the core aspects of family business, with an international, practice-based perspective.This textbook is the ideal companion for undergraduate and postgraduate family business courses and will also be valuable reading for people working in family businesses.

Produktdetails

• Verlag: Jenny Stanford Publishing
• Seitenzahl: 262
• Erscheinungstermin: 2. Oktober 2023
• Englisch
• Abmessung: 244mm x 170mm x 18mm
• Gewicht: 644g
• ISBN-13: 9781032226026
• ISBN-10: 1032226021
• Artikelnr.: 69947692

Autorenporträt

Rodrigo Basco is Professor and the Sheikh Saoud bin Khalid bin Khalid Al-Qassimi Chair in Family Business at the American University of Sharjah, UAE.

Inhaltsangabe

Contents
Preface
Part I _ Introduction to family business
1. Chapter 1 _ Approaching the concept of family business
2. Introduction
3. Family business definition
4. Type of family businesses
1. Family-first family firms
2. Business-first firms
3. Family business-first family firms
4. Immature family firms
5. The importance of studying family business governance and management
6. Additional activities and reading material
1. Classroom discussion questions
2. Additional readings
3. Classroom activity
7. Case for analysis I: Birla-An entrepreneurial family
8. Case for analysis II: Chick-fil-A-A family serving quality and tradition
9. Case study: Wal-Mart
10. Chapter 2 _ Family business dynamics: Individual needs, goals,
expectations, and emotions
11. Introduction
12. The three-circle model
1. Roles
2. Goals
3. Psychological needs
4. Expectations
13. The evolutionary perspective of the three-circle model
14. Emotions in the family business
1. Emotions in family business across contexts
15. Additional activities and reading material
1. Classroom discussion questions
2. Additional readings
3. Classroom activity
16. Case for analysis I: Pritzker family across generations
17. Case for analysis II: The Henriquez Group
18. Case Study: Estee Lauder Companies
19. Chapter 3 _ Interpersonal relationships and communication in family
businesses
20. Introduction
21. Interpersonal relationships in the family entity
1. Couple relationships and family business
2. Sibling relationships and family business
3. Parent-child relationships and family business
4. In-law relationships and family business
22. Family communication
23. Family genogram
24. Additional activities and reading material
1. Classroom discussion questions
2. Additional readings
3. Classroom activity
1. Case for analysis I: Case for analysis I: Dassler brothers
2. Case for analysis II: The co-preneurs Mr. & Mrs. Hartz
3. Case Study: British royal family
Part II _ Management in family business
25. Chapter 4 _ Conflict, conflict management, and communication
26. Introduction
27. Definition of conflicts in family businesses
28. The conflict process in family businesses
29. Sources of conflicts in family business
1. Conflict and context
30. Types of family business conflicts
31. Conflict management
1. Conflict-resolution techniques
2. Conflict-stimulation techniques
32. Additional activities and reading material
1. Classroom discussion questions
2. Additional readings
3. Classroom activity
33. Case for analysis I: The team is broken!
34. Case for analysis II: Steinberg family business
35. Case Study: The fate of Gucci
36. Chapter 5 _ Human resource management in family businesses
37. Introduction
38. Nepotism
39. Human resource approach
1. Origins of asymmetric treatment
40. Justice/fairness
1. Levels of justice
41. Dysfunctional behavior
42. Additional activities and reading material
1. Classroom discussion questions
2. Additional readings
3. Classroom activity
43. Case for analysis I: What a mistake!
44. Case for analysis II: Embracing nepotism
45. Case Study: It is just a scandal or the scandal
46. Chapter 6_Strategic and financial management in family businesses
47. Introduction
48. Family business goals
1. Family business goals as reference points
2. Socioemotional wealth as an endowment effect
49. Strategic and financial behavior
50. Strategic management in family business
51. Market domain
1. Internal competitive advantages
2. External competitive advantages
52. Nonmarket domain
53. Combination of market and nonmarket domains as a determinant of performance
and survival
54. Additional activities and reading material
1. Classroom discussion questions
2. Additional readings
3. Classroom activity
55. Case for analysis I: ALDI and the power of family ties
56. Case for analysis II: Feetures case study
57. Case study: An upside down strategy for LEGO
Part III _ Governance in family business
58. Chapter 7 _ Ownership governance in family business
59. Introduction
60. Corporate governance in family businesses
61. Ownership structure and governance
1. Type of owners
62. Ownership assembly or shareholder meeting
63. Shareholder agreement
1. Benefits of shareholder agreements
64. Evolutionary approach to ownership governance
65. Additional activities and reading material
1. Classroom discussion questions
2. Additional readings
3. Classroom activity
66. Case for analysis I: The united family behind LEGO
67. Case for analysis II: H51-The mission to preserve the Hermès family
identity
68. Case Study: "The Factory" of the human misery
69. Chapter 8 _ Business governance in family business
70. Introduction
71. Board of directors
1. Board of directors' tasks
2. Types of boards of directors
3. Board of directors composition
72. The evolution of the board across the lifecycle of the family business
73. Board of director practicalities
1. Number of board members
2. Recruiting board members
3. Regulation of the board of directors
74. Additional activities and reading material
1. Classroom discussion
2. Additional readings
3. Classroom activity
75. Case for analysis I: Al-Wadi Group-Corporate governance
76. Case for analysis II: Volkswagen scandal and boardroom politics
77. Case study: In between the board of directors and family shareholders
78. Chapter 9 _ Family governance in family business
79. Introduction
80. Types of family cohesion
81. Family leader-Chief family officer
82. Family governance viewed across an evolutionary perspective
1. Family meetings
2. Family assembly
3. Family council
4. Family policies
5. Family wealth governance
6. Family chapter or constitution
83. Additional activities and reading material
1. Classroom discussion questions
2. Additional readings
3. Classroom activity
84. Case for analysis I: The family organization behind Al Handal International
Group (HIG)
85. Case for analysis II: Merck-A family transcending generations
86. Case study: Al Saud Company and the first serious crisis
Part IV _ Succession in family business
87. Chapter 10 _ Ownership, governance, and management succession
88. Introduction
89. Succession of what?
1. Types of succession in family business
2. Exit strategy (from a family business to a nonfamily business)
90. Complexity in family business succession
1. Barriers to intra-family management succession
91. Succession process perspective
92. Additional activities and reading material
1. Classroom discussion questions
2. Additional readings
3. Classroom activity
93. Case for analysis I: The global pasta-Barilla
94. Case for analysis II: Succession to succeed in the Middle East
95. Case study: How far can U-Haul go from here?
96. Chapter 11 _ The incumbent generation in family business succession
97. Introduction
98. Senior generations across time
1. Founder generation
2. Second generation
3. Third and further generations
99. Succession strategies
1. Keep relying on informal mechanisms to address succession
2. Formalize corporate governance to address succession
3. Pruning the family ownership tree
100. Plan the succession process
101. Type of incumbent based on their retirement styles
102. Passive family members
103. Transgenerational value creation
104. Additional activities and reading material
1. Classroom discussion questions
2. Additional readings
3. Classroom activity
105. Case for analysis I: Holly in her father's shoes
106. Case for analysis II: What's next? Retirement
107. Case study: Can I stay a bit more with all of you? Group Olive Mendoza
108. Chapter 12 _ The next generation in family business succession
109. Introduction
110. The Disney effect in family business succession
111. Managerial succession
1. Successor intentions
2. Parent-child relationships
3. Successor career-path intentions
4. Successor commitment
112. Successor entry and career paths
113. Model of change in family business succession
114. Next-generation ownership succession
115. Next-generation governance succession
116. Additional activities and reading material
1. Classroom discussion questions
2. Additional readings
3. Classroom activity
117. Case for analysis I: Succession in the luxury house of Zegna
118. Case for analysis II: The succession race at LVMH
119. Case study: Al Saud Company managing changes from the second generation to
the third