Product Details
Generation to Generation: Life Cycles of the Family Business

Generation to Generation: Life Cycles of the Family Business
By Kelin E. Gersick, John A. Davis, Marion McCollom Hampton, Ivan Lansberg

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Product Description

Explores the special dynamics and challenges the family businesses face as they move through their life cycles. Provides an original developmental model for understanding and managing patterns of change in family firms. DLC: Family-owned business enterprises - Management.


Product Details

  • Amazon Sales Rank: #239821 in Books
  • Published on: 1997-01-01
  • Original language: English
  • Number of items: 1
  • Binding: Hardcover
  • 302 pages

Features


Editorial Reviews

From Booklist
The authors claim that between 65 to 80 percent of all businesses worldwide are family owned or managed, including up to 40 percent of the Fortune 500. Yet most of what we read about family businesses are sensational accounts of blood feuds and internecine battles over money and control. This study takes a more analytical look at what makes family firms different from other corporations; it grew out of the authors' collaboration at the Owner Managed Business Institute, where they worked on an ongoing project for Caterpillar, Inc., that began more than a dozen years ago. Now a multinational conglomerate, Caterpillar began as a family firm, and many of its products are distributed through family-operated dealerships. From that work, the authors developed a model that looked at these businesses from three different aspects: ownership, family, and business. They also identified four classic family-business types and here address the management issues that arise as firms evolve from one type to the next. David Rouse

About the Author
Ivan Lansberg is an organizational psychologist who grew up in a family business.


Customer Reviews

An excellent book for anyone interested in family businesses5
I think this is one of the best books available on family businesses! I found it insightful and informative. I think anyone interested in the subject should read this book. I strongly disagree with the review that describes this book as "too theoretical." I found it immensly practical.

Excellent roadmap for family firms5
This is a mandatory book for all the people involved in the management of family businesses. I highly recommend it!!!

The best ever study on family business5
The authors took ten years studying hundreds of family firms to write this very deep and understanding description of how a family business develops trhu time. A must for anyone interested in this fascinating subject. Antonio C. Vidigal