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From momandpop stores to Fortune 500 corporations, the family business as an institution is widespread and enduringyet only 30 percent of family enterprises successfully transition to the next generation. In this accessible and deeply informed new book, family enterprise expert Emily GriffithsHamilton (author of Build Your Family Bank: A Winning Vision for Multigenerational Wealth) shares the secrets of successful multigenerational family enterprises. Through extensive research and personal and professional experience as a member of and advisor to family enterprises, GriffithsHamilton has developed an unconventional approach that looks beyond narrow business considerations to focus on the critical aspect of every family enterprisethe family factor. Successful multigenerational family enterprises, she explains, are animated by a unifying vision that rests on shared values. Mutual trust and strong communication skills are vital for families to articulate these foundational elements, which will then inform a family enterprise framework that can endure for generations. Planning for the longterm health of a family business doesnt need to be complicated. Beginning with a single meeting, family enterprises of every shape and size can use the insights in this book to build robust frameworks that will reward their members for decades to comenot just financially, but with strengthened family connections, a shared sense of purpose, and perhaps most importantly, a bit of fun.
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This product may contain chemicals known to the State of California to cause cancer,
birth defects, or other reproductive harm.
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⚠️ California Proposition 65 Warning: Some products sold on this website may expose you to chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm. For more information, visit www.P65Warnings.ca.gov.
