From small start-ups to giant multinationals, from the Mom-and-Pop owned barber shop to Ford, family owned businesses continue to dominate the world economy. But regardless of size, running a successful family firm presents unique challenges, and many fail to survive the transition to the next generation. Here is a practical, comprehensive guide to ensuring success through effective strategic planning. Randel Carlock and John Ward, two leading authorities, provide a wealth of tested, easy-to-follow tools and techniques for mastering strategic planning for family-owned firms. Filled with real world examples, case studies, checklists, and planning worksheets, Strategic Planning for the Family Business shows how to deal with a host of emerging challenges-from new technologies and globalizing marketings-by integrating family values and dynamics into sound planning and management.
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