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Family BusinessFamily

Family Business: Family [Family in business is like a nuclear reaction. In an uncontrolled state, family can be as explosive a hydrogen bomb, and in a controlled state as efficient and powerful as a nuclear power plant. But how does a family achieve a controlled state? How can a family protect against circumstances that can destabilize and lead to explosions? This chapter examines the core issues in the family, and provides some ideas as to how to manage and develop the family.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

Family BusinessFamily

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Publisher
Palgrave Macmillan UK
Copyright
© Palgrave Macmillan, a division of Macmillan Publishers Limited 2005
ISBN
978-1-4039-4775-8
Pages
31 –44
DOI
10.1057/9780230287730_3
Publisher site
See Chapter on Publisher Site

Abstract

[Family in business is like a nuclear reaction. In an uncontrolled state, family can be as explosive a hydrogen bomb, and in a controlled state as efficient and powerful as a nuclear power plant. But how does a family achieve a controlled state? How can a family protect against circumstances that can destabilize and lead to explosions? This chapter examines the core issues in the family, and provides some ideas as to how to manage and develop the family.]

Published: Nov 23, 2015

Keywords: Family Business; Business Owner; Financial Asset; Family Meeting; Business Angel

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