Family Business and Positive Psychology: New Planning Strategies for the 21st Century

    By Scott E Friedman

    Family Business and Positive Psychology: New Planning Strategies for the 21st Century

    Family Business and Positive Psychology: New Planning Strategies for the 21st Century

    By Scott E Friedman

    The dynamics within a family business are inevitably complex. Clearly written and well organized, this book teaches you how to provide good counsel these family-run enterprises. Unique in its field, the chapters and exercises within this book apply the insights of positive psychology to create best practices for achieving harmony and success.

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    Family businesses are a unique type of enterprise. Traditional resources about advising businesses focus on “close corporations” covering topics such as choice of entity, capital structure, and options for managing dissension and deadlock. However, the dynamics of a "close corporation" board are very different from a group of people related by blood and marriage.

    This book will demonstrate how to provide counsel on the inevitably complex dynamics of a family business, particularly with respect to creating a culture that allows family members to (1) flourish as individuals, (2) collaborate  constructivelyas partners, and (3) run a business effectively and prosperously.

    The author provides specific instruction on the process of developing value and mission statements with examples from Fortune 500 companies. Information on how to assemble both an advisory board and a board of directors is also discussed, as well as how to solve conflict by using "game theory". Each chapter includes exercises and activities that you can use to help translate ideas and suggestions into practice.

    Unique in its field, this book is a must-have for anyone who advises family businesses!

    Product Details

    Publishers

    ABA Book Publishing

    ISBN

    9781627221696

    Page Count

    196

    Product Code

    5150459

    Trim Size

    7x10 Paperback

    Publication Date

    6/25/2013 12:00:00 AM

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