review lecture

Intertwining Strategic Management And Family Business: 

Intertwining Strategic Management And Family Business Leadership Culture Boards of Directors Life Cycles Processes Ethics

A Review at Semester’s End: 

A Review at Semester’s End

The Family Business: 

The Family Business Ownership Family Management Vision Vision Group Leadership

The Family Business: 

The Family Business Ownership Family Management Guiding Beliefs Commitment

The Family Business: 

The Family Business Ownership Family Management Business Plan Family Plan

The Family Business: 

The Family Business Corporate Goals Personal Goals (owners/managers) Family Goals Shared Goals

The Family Business: 

The Family Business Corporate Goals Personal Goals (owners/managers) Family Goals Divergent Goals

The Family Business: 

The Family Business Ownership Family Management Ethical Behavior Family Charter Personal Value System

The Family Business: 

The Family Business Ownership Family Management Board of Directors Selection and Authority Potential Participation

The Family Business: 

The Family Business Ownership Family Management Owner’s Life Cycle Families’ Life Cycle Firms’ Life Cycle Industry Life Cycle Employees’ Life Cycle

The Family Business: 

The Family Business Ownership Family Management Owner’s Life Cycle Families’ Life Cycle Firms’ Life Cycle Industry Life Cycle Employees’ Life Cycle Board of Directors Selection and Authority Potential Participation Ethical Behavior Family Charter Personal Value System Business Plan Family Plan Guiding Beliefs Commitment Vision Vision Group Leadership

Elements Of Family Success: 

Elements Of Family Success A Family Community -- a roundtable to be seen and heard. Understanding that maintaining a family is hard work, and a commitment to all family members to do it. Straightforward communication. Consensus.

Elements Of Family Success: 

Elements Of Family Success Understanding and respect for leadership: a willingness to be led; a problem-solving mentality. A respect for individual differences and for freedom of choice. An attitude of inclusivity--a sense of the fun deriving from “the more the merrier.” A willingness to seek help outside the family

Elements Of Family Success: 

Elements Of Family Success A sense of responsibility for family matters. A respect for different generations without either needing the approval of the other. A strong tradition of moral and ethical values. A shared vision.

How to Manage Children?: 

How to Manage Children? Management Perspective: How to manage a management team? (planning, participation) Family Perspective: How to resolve family conflict? (Use family council, retreat, or family systems expert)