Succeeding Generations by Ivan Lansberg

Succeeding Generations by Ivan Lansberg

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Summary

This text seeks to make sense of the turmoil involved in family businesses that surrounds the complicated task of choosing the next leader, or leadership group, for their firm. It also provides a typology of leadership transitions, clearly defining the possible partnerships between relatives.

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Succeeding Generations by Ivan Lansberg

Finding the right successor to a well-loved founder or president is often the most difficult task an organization can face--and the challenge can be even greater for family-run businesses. Succeeding Generations explores leadership transitions in family businesses, offering a clear-eyed assessment of the different options, from direct succession to building partnerships between siblings and cousins. Family-owned companies may dominate the worldwide business landscape, yet surprisingly few are successfully passed down from one generation to the next, and fewer still reach the third generation intact. Author Ivan Lansberg, an organizational psychologist who grew up in a family business, examines the reasons behind this high failure rate and reveals the factors that contribute to long-term success. He offers practical advice on how to mentor successors, how to set up a systematic selection process, and how to make the best use of the board of directors during times of transition. With a wealth of examples from companies in the United States, Europe, and Latin America, Succeeding Generations provides a thoughtful and comprehensive look at the sensitive dynamics of leadership succession in family businesses.
Ivan Lansberg, a coauthor of Generation to Generation, is a principle of Lansberg, Gersick and Associates and cofounder of the Family Firm Institute.
SKU Unavailable
ISBN 13 9780875847429
ISBN 10 0875847420
Title Succeeding Generations
Author Ivan Lansberg
Condition Unavailable
Binding Type Hardback
Publisher Harvard Business Review Press
Year published 1999-07-26
Number of pages 400
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.