Skip to main content
Top

2023 | OriginalPaper | Chapter

8. Family Business Transformation: A Systems View

Activate our intelligent search to find suitable subject content or patents.

search-config
loading …

Abstract

This chapter addresses the issue of family businesses’ need for transformation from a systemic view. A systemic perspective is utilized to analyze the most common issues inherent in family businesses. The author illustrates key transformative challenges that most family businesses face and must resolve if the core systems are going to meet developmental and systemic challenges. Suggestions are offered for several kinds of interventions that help sustain the family, the family business, and its wealth over generations. The author utilizes cases that show how the issues impact the different family business systems with successes and failures. The author also suggests consultative competencies that are needed by the consultant wishing to assist the transformation process.

Dont have a licence yet? Then find out more about our products and how to get one now:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

  • über 102.000 Bücher
  • über 537 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Maschinenbau + Werkstoffe
  • Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 340 Zeitschriften

aus folgenden Fachgebieten:

  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Versicherung + Risiko




Jetzt Wissensvorsprung sichern!

Literature
go back to reference Bowen M (2004) Family therapy in clinical practice. Rowman & Littleton Publishers, Oxford Bowen M (2004) Family therapy in clinical practice. Rowman & Littleton Publishers, Oxford
go back to reference Carlock RS, Ward JL (2001) Strategic planning for the family business: parallel planning to unify the family and business. Palgrave Books, New YorkCrossRef Carlock RS, Ward JL (2001) Strategic planning for the family business: parallel planning to unify the family and business. Palgrave Books, New YorkCrossRef
go back to reference Connor D (2019) It’s not what you do, it’s who you are. In: Neal J (ed) Handbook of personal and organizational transformation. Springer Publishers Connor D (2019) It’s not what you do, it’s who you are. In: Neal J (ed) Handbook of personal and organizational transformation. Springer Publishers
go back to reference Covey S (2007) How to develop your family mission statement. Simon & Schuster Audio, New York Covey S (2007) How to develop your family mission statement. Simon & Schuster Audio, New York
go back to reference Danco L (1990) Someday it’ll all be … who’s? The lighter side of the family business. University Press and Jamieson Press, Cleveland Danco L (1990) Someday it’ll all be … who’s? The lighter side of the family business. University Press and Jamieson Press, Cleveland
go back to reference Erikson EH (1980) Identity and the life cycle. W.W. Norton & Co, New York Erikson EH (1980) Identity and the life cycle. W.W. Norton & Co, New York
go back to reference Framo JL (1992) Family of origin therapy: an intergenerational approach. Routledge, New York Framo JL (1992) Family of origin therapy: an intergenerational approach. Routledge, New York
go back to reference Gersick KE, Davis JA, Hampton MMC, Lansberg I (1997) Generation to generation: life cycles of the family business. Harvard Business School Press, Boston Gersick KE, Davis JA, Hampton MMC, Lansberg I (1997) Generation to generation: life cycles of the family business. Harvard Business School Press, Boston
go back to reference Goleman D (1995) Emotional intelligence: why it can matter more then IQ. Bantam Books, New York Goleman D (1995) Emotional intelligence: why it can matter more then IQ. Bantam Books, New York
go back to reference Hughes JJ (2004) Family wealth: keeping it in the family. Bloomberg Press, Princeton Hughes JJ (2004) Family wealth: keeping it in the family. Bloomberg Press, Princeton
go back to reference Jaffe D (1991) Working with the ones you love: strategies for a successful family business. Conari Press, Berkeley Jaffe D (1991) Working with the ones you love: strategies for a successful family business. Conari Press, Berkeley
go back to reference Lansberg I (1999) Succeeding generations: realizing the dream of families in business. Harvard Business School Press, Boston Lansberg I (1999) Succeeding generations: realizing the dream of families in business. Harvard Business School Press, Boston
go back to reference Levinson DJ (1978) The seasons of a man’s life. Random House Publishing Group, New York Levinson DJ (1978) The seasons of a man’s life. Random House Publishing Group, New York
go back to reference Satir V (1972) People making. Science & Behavior Books, New York Satir V (1972) People making. Science & Behavior Books, New York
go back to reference Silverman MA (2011) An evolutionary model of family business boards. Family Business of Family Firm Institute Silverman MA (2011) An evolutionary model of family business boards. Family Business of Family Firm Institute
go back to reference Stone D, Patton BP, Heen S, Fisher R (1999) Difficult conversations: how to discuss what matters most. Penguin Books, New York Stone D, Patton BP, Heen S, Fisher R (1999) Difficult conversations: how to discuss what matters most. Penguin Books, New York
go back to reference Ward JL (1987) Keeping the family business healthy: how to plan for continuity, growth, profitability, and family leadership. Jossey-Bass, San Francisco Ward JL (1987) Keeping the family business healthy: how to plan for continuity, growth, profitability, and family leadership. Jossey-Bass, San Francisco
Metadata
Title
Family Business Transformation: A Systems View
Author
Marc A. Silverman
Copyright Year
2023
DOI
https://doi.org/10.1007/978-3-031-29253-8_8

Premium Partner