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Keeping the Family Business HealthyThe Transition to New Leadership: Promoting a Revitalized Business Vision and Strategy

Keeping the Family Business Healthy: The Transition to New Leadership: Promoting a Revitalized... [The family’s strategic plan should pave the way for the company’s revitalization. As we noted in Chapter 1, revitalization is often accomplished when a new leader takes over the company. In a family business, this new leadership means the successors: the senior family team of the next generation. The “team” might consist of only one inheritor, or it might consist of many—all the shareholder cousins and siblings. They will have been chosen by one of the several methods outlined in Chapter 3.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

Keeping the Family Business HealthyThe Transition to New Leadership: Promoting a Revitalized Business Vision and Strategy

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Publisher
Palgrave Macmillan US
Copyright
© Palgrave Macmillan, a division of Nature America Inc. 2011
ISBN
978-1-349-58470-3
Pages
197 –221
DOI
10.1057/9780230116122_8
Publisher site
See Chapter on Publisher Site

Abstract

[The family’s strategic plan should pave the way for the company’s revitalization. As we noted in Chapter 1, revitalization is often accomplished when a new leader takes over the company. In a family business, this new leadership means the successors: the senior family team of the next generation. The “team” might consist of only one inheritor, or it might consist of many—all the shareholder cousins and siblings. They will have been chosen by one of the several methods outlined in Chapter 3.]

Published: Jan 21, 2016

Keywords: Family Business; Chief Executive; Profit Center; Executive Vice President; Negative Reason

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