Inside the Multi-Generational Family Business: Nine Symptoms of Generational Stack-Up and How to Cure Them

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Macmillan, Apr 26, 2011 - Business & Economics - 208 pages
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Inside the Multi-Generational Family Business is an inside look at how familial relationships affect the success or the failure of the family business.  Many family business owners encounter conflict between siblings, children, and other relatives—especially when they're all involved with the business.  The author’s message is simple: family businesses today are saddled with “generational stack-up,” or the convergence of several generations as owners, managers, employees, and shareholders, often without even knowing it. Each generation has its own work style, biases, and approach to money and business. Through detailed analysis of the various generations and the characteristics that define them in the family business, a more comprehensive understanding of the dynamics of the family in the family business can move the multi-generational family business from chaos and conflict to true collaboration and improved performance.


 

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Contents

1 The Syndrome of Generational Stack Up
1
2 Control beyond the Grave
29
3 Whos or Whats Your Daddy?
45
4 Battle of the Super Women
59
5 Meet the MEOWsMommy Executive Officer Women
75
6 Boomer Retirement Mirage
91
7 My Child My Boss
107
8 GenerationStraddling Siblings
123
9 Comfortable Gen X
139
10 WimpY Gen Y
155
11 Surviving Generational Stack Up Now and Later
171
Notes
181
Index
189
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About the author (2011)

Mark T. Green is a Senior Associate of The Family Business Consulting Group, Inc., the former Director of the Austin Family Business Program, and was founding Director of the Austin Entrepreneurship Program, College of Business at Oregon State University.  

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