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Effective Planning for Family Businesses - Randal Carlock
JOD
Get it by 5 Aug | Order in 4 Hours 43 Minutes
This book serves as an essential guide for readers to understand the reality of family businesses and explore important topics derived from their core. It aims to equip the reader with analytical skills, train them in problem-solving methods, and develop strategic plans for the future. The book also presents real-world examples from the experiences of global family businesses.
The book is composed of four parts. Part one provides an understanding of the planning process for a family-oriented enterprise and the importance of parallel planning. Part two revolves around planning for the family, fostering commitment, encouraging family contribution, and preparing the next generation. Part three focuses on evaluating the strategic potential of the enterprise and studying possible strategies. The final part discusses integrating family and business plans and the role of the board of directors. The book also includes important appendices with assessments, worksheets, and studies related to the topic.