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Family Wealth Continuity Effective Leadership of Change

Family Wealth Continuity : Effective Leadership of Change [“Are you sure you want this job?” I asked William in our first meeting. There seemed to be every reason the young man, the third-generation successor to his father as CEO of the family’s $500 million business, would answer my question with a resounding “yes:” He was smart, well-educated, and energetic, with an infectious personality and a terrific business mind. From the firm’s point of view, as William’s father neared retirement, William was the right person to become the next CEO, having successfully managed a large, high-profile division of the company in a VP role and earned the respect of senior non-family managers.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

Family Wealth Continuity Effective Leadership of Change

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Publisher
Palgrave Macmillan US
Copyright
© The Editor(s) (if applicable) and The Author(s) 2016
ISBN
978-1-137-57638-5
Pages
117 –142
DOI
10.1057/978-1-137-57639-2_6
Publisher site
See Chapter on Publisher Site

Abstract

[“Are you sure you want this job?” I asked William in our first meeting. There seemed to be every reason the young man, the third-generation successor to his father as CEO of the family’s $500 million business, would answer my question with a resounding “yes:” He was smart, well-educated, and energetic, with an infectious personality and a terrific business mind. From the firm’s point of view, as William’s father neared retirement, William was the right person to become the next CEO, having successfully managed a large, high-profile division of the company in a VP role and earned the respect of senior non-family managers.]

Published: Jun 22, 2016

Keywords: Board Member; Family Business; Family System; Vote Share; Family Dynamic

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