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Own It!

Part of the A Family Business Publication Book Series

DOI: 10.1007/978-3-030-20419-8

ISBN: 978-3-030-20418-1

Publisher: Springer International Publishing - Springer Journals

Nov 16, 2022

1 - 9 of 9 Chapters

LitStream

Chapter 1Why a Book About Ownership Development—An Overview

Sage-Hayward, Wendy; Marchisio, Gaia; Dartt, Barbara

Pages: 1 –18

[We believe you’re reading this book because you see family enterprise ownershipownership as a critical area and one that deserves a comprehensive approach to development.]
LitStream

Chapter 2Starting a Family Enterprise Owner’s Mindset Early: Young Child (Ages 0 to 12)

Sage-Hayward, Wendy; Marchisio, Gaia; Dartt, Barbara

Pages: 19 –46

[Ownership development starts early—with the youngest family members. This fosters healthy interest in the enterprise, creates a foundation for success, and sets the stage for strong family bonds. Part of developing young prospective owners is good parenting. Another critical component is an...
LitStream

Chapter 3Forming Identity and Building Relationships: Adolescent (Ages 10 to 20)

Sage-Hayward, Wendy; Marchisio, Gaia; Dartt, Barbara

Pages: 47 –78

[Ownership development is a key part of most adolescents’ quest to define their identity and explore new passions and roles. A thoughtful approach to development is even more important because those in this age group tend to be overwhelmed by commitments (school, work, family, sports, and social)...
LitStream

Chapter 4Family Enterprise Participation Without Expectation: Emerging Adults (Ages 18 to 28)

Sage-Hayward, Wendy; Marchisio, Gaia; Dartt, Barbara

Pages: 79 –107

[Most emerging adults have one foot inside their nuclear family and one outside, with family dynamics and relationships—and even brain development—changing fast. It’s a time of self-discovery, where futures will be imagined and careers launched. Ownership development can be an important part of...
LitStream

Chapter 5Embracing Ownership Commitments: Early Adult (Ages 25 to 40)

Sage-Hayward, Wendy; Marchisio, Gaia; Dartt, Barbara

Pages: 109 –136

[Early adults in family enterprise are typically achieving major milestones such as finishing education, building a career, and engaging in long-term relationships that might lead to their own families. Many become full-fledged owners, working in the family business or governance. Most face...
LitStream

Chapter 6Advancing Leadership Capabilities: Middle Adult (Ages 35 to 65)

Sage-Hayward, Wendy; Marchisio, Gaia; Dartt, Barbara

Pages: 137 –169

[Middle adulthood is both a bridge from more youthful periods to later life and a time in which people hit peak performance as professionals and leaders. Many middle adults have their own families, including adult children and grandchildren; many go through major life changes like divorce; most...
LitStream

Chapter 7Mentoring While Letting Go: Later Adult (Ages 60 to 100+)

Sage-Hayward, Wendy; Marchisio, Gaia; Dartt, Barbara

Pages: 171 –202

[While later adults inevitably face physical and mental challenges, this life-stage can last longer than ever, as life expectancy grows. Later adults have plenty to learn and to offer the family enterprise, including as wisdom-keepers and members of a generation thoughtfully letting go of...
LitStream

Chapter 8Becoming a Learning Family

Sage-Hayward, Wendy; Marchisio, Gaia; Dartt, Barbara

Pages: 203 –224

[While individual ownership development is important, it’s critical to work on the family’s evolution as a team of learning owners, with collective capacity, knowledge, and commitment. This is important because owners need to make high-stakes decisions and resolve conflicts together, often...
LitStream

Chapter 9Where and How to Start

Sage-Hayward, Wendy; Marchisio, Gaia; Dartt, Barbara

Pages: 225 –238

[There’s no one-size-fits-all solution to ownership development. Rather, families can use a simple, flexible framework to approach development, the 4 A’s: assess individual and family needs; acknowledge that change is hard and development is continuous; act to create and execute on development...

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