Part with the family firm
- How-To Booklet Examines Important Family Meetings. O'Bee, Gerald J. // Grand Rapids Business Journal;8/18/2003, Vol. 21 Issue 33, p22
Present tips on managing family-owned business.
- Running a family business can get rough. Reinfeld, Hesh // Business Journal (Central New York);1/20/2006, Vol. 20 Issue 3, p35
The article presents the author's view on running a family business. The author mentions how he gets paid for not working. He feels that he is lucky in this manner as he gets a hefty check every week just by sitting at home. His brother was considered as the brains behind the business as he had...
- Corporate Governance Of Family Firms In Subsequent Generations. Duller, Christine // International Business & Economics Research Journal;Mar2013, Vol. 12 Issue 3, p345
This paper addresses the differences in corporate governance regarding generations of Austrian and German family businesses. Generations differ from each other significantly with respect to the percentage of non-family executives in management boards. The existence of a supervisory board differs...
- A Haworth Is At Helm Once Again. Sanchez, Mark // Grand Rapids Business Journal;9/20/2004, Vol. 22 Issue 39, p1
This article focuses on the management change at Haworth Inc. This management change restores a family member to solid day-to-day control of the company. Richard Haworth, who began his career with Richard Haworth, his career with his father's company 40 years ago at the age of 22, assumed chief...
- Strategic Planning Keeps Family Firms Successful. O'Bee, Gerald J. // Grand Rapids Business Journal;9/22/2003, Vol. 21 Issue 38, p25
Suggests the importance of strategic planning to the success of family-owned businesses. Elements of an effective strategic planning for a business; Difference between working in the business and working on the business; Areas that need to be analyzed when formulating a strategic plan.
- Insight. Stalk, George; Foley, Henry // Finweek;3/8/2012, p16
The article focuses on several traps which can destroy family-owned enterprises. It says that the strategy on obliging children to join in the family business can lead children to treat the business as a fall back option. It states that engaging of a family in the same kind of business can be...
- CRASH COURSE IN... STARTING A FAMILY BUSINESS. Garrett, Alexandre // Management Today;Jun2013, Issue 6, p20
The article offers advice on entrepreneurship in starting a family-owned new business enterprise. The need to carefully select appropriate family members as partners is discussed. Risk management in family-owned businesses is considered. It is recommended that family-owned businesses employ an...
- "Aile-gÃ¼Ã§, deneyim, kÃ¼ltÃ¼r" Ã¶lÃ§eÄŸi ve aile iÅŸletmelerinde aile etkisi ile tepe yÃ¶neticilerin aile Ã¼yesi olan yÃ¶neticilere yÃ¶nelik bakÄ±ÅŸÄ± arasÄ±ndaki iliÅŸki Ã¼zerine bir araÅŸtÄ±rma Ayrancı, Evren; Semerciöz, Fatih // Istanbul University Journal of the School of Business Administra;Nov2010, Vol. 39 Issue 2, p335
In this study, the "family-power, experience, culture (F-PEC)" scale that assesses family influence, was subjected. The first purpose of the study is to find out the extent to which the "F-PEC scale" that is observed to be used to measure family influence concept in international literature, is...
- Working With Family. Savage, Rhonda R. // Sales & Service Excellence Essentials;Apr2011, Vol. 11 Issue 4, p14
The article focuses on various practices to be avoided when doing business with a family member including loyalty which may lead to micromanagement, unfair pay, and take home work and discusses ways to avoid these concerns.