Preparing Successors for Leadership: Another Kind of Hero

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Macmillan, Jan 4, 2011 - Business & Economics - 100 pages
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The founders of the family business must impart their vision and leadership to succeeding generations.  Preparing those generations for leadership is challenging and encompasses a lifetime, but it is critical to the continuity and revitalization of the business.  Aronoff and Ward's strategy for a smooth transition prepares successors for their role in the future of the firm.
 

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Contents

1 Introduction
1
The Early Years
9
3 Entry into the Business
15
4 The Business Development Stage
21
5 The Leadership Development Stage
37
6 Situations with Multiple Siblings
47
7 If the Shoe Fits
51
8 The Role of the Successor in Business Revitalization
53
9 Family Relations during Successor Development
59
10 Special Challenges to the OwnerManager
61
11 Special Challenges to the Successor
69
12 Summary
79
Resource List for Successor Development
81
Index
87
The Authors
91
Copyright

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About the author (2011)

Craig E. Aronoff is Co-founder, Principal Consultant, and Chairman of the Board of the Family Business Consulting Group, Inc., the founder of the Cox Family Enterprise Center and current Professor Emeritus at Kennesaw State University. He invented and implemented the membership-based, professional-service-provider sponsored Family Business Forum, which has served as a model of family business education for universities world-wide.

 

John L. Ward is Co-founder of the Family Business Consulting Group Inc. He is Clinical Professor at the Kellogg School of Management and teaches strategic management, business leadership and family enterprise continuity.

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