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Family Business Succession: The Final Test of Greatness
by John L. Ward, Craig E. Aronoff
Paperback - 45 pages 0 edition Vol 1 (December 1991)
Business Owner Resources; ISBN: 0965101118
Book Description
Family Business Succession: The Final Test of Greatness is the
first volume in the series. In its pages you will learn:
- the components of an effective succession plan, including successful
- financial and estate planning
- when to begin the succession process, how to select and develop the
- best candidate(s);
- how to communicate the plan to family members and the organization;
- how to prevent and resolve conflicts and tensions;
- how to overcome resistance to transferring power, as well as ideas
- for new roles, new careers and other post-retirement activities;
- ways to ensure the financial security of retiring parents or other
owners;
- what valuable assistance can be provided by outside advisors or a
board of directors;
- how to avoid common post-succession mistakes and problems; and much
more...
Family Business Succession shows you how to turn succession from a potentially
explosive crisis into a renewed commitment to the business and the family.
It is fast-reading, and filled with real-life cases, practical tips and
useful checklists. |
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