Family Business: The guide for building and managing family companies
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The Family Business Leadership Handbook

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Introduction: Why leadership?

1. The nature of leadership

• What is new about leadership and what is old
• Four critical qualities people look for in their leaders
• Cultivating the next generation of leaders
• Realpolitik for the family business leader
• Building loyalty by encouraging participation
• Maintaining the leading edge

2. Leadership in the business

• Willard Marriott's passion for perfection
• Sam Walton succeeded by defying convention
• Recharging the business for market leadership
• Creating a new future out of a crisis

3. Leadership in the family

• Organizing the family to achieve its goals
• Creating forums for discontented shareholders
• Strong support of leadership through family councils
• Resolving the inevitable conflicts
• The power of the Chief Emotional Officer
• A leader's toughest task -- firing a relative
• Why families don't empower leaders

4. Selecting the next leaders

• A step-by-step guide to succession planning
• Identifying characteristics of great leadership

5. Developing leaders

• Articulating a code of conduct for young leaders
• Jim Henson's legacy of leadership to his children
• Raising your daughter to be the next CEO
• Setting an example by listening to your children
• How Earl Graves prepared his sons for leadership
• When your son or daughter is not cut out to be a leader
• The lure of a comfortable life can spoil successors

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6. Case studies in taking charge

• Edgar Bronfman proves he's a leader
• Katharine Graham learns leadership on the job
• Tom Watson Jr. asserts his claim to leadership of IBM
• How two Starrs trained themselves to take charge

7. Different forms of leadership

• Decision-making by consensus at Nordstrom
• Making the husband-wife partnership work
• Strategies to make siblings a strong leadership team
• Learning to lead the cousin consortium

8. Leading the top management team

• Hiring non-family to help grow the company
• Empowering the non-family CEO
• Motivating the top non-family managers

9. Leading change in the organization

• Transforming the firm while preserving the family heritage
• Rediscovering the family farm as a model for change
• Steps leaders take to ease resistance to change
• How leaders reengineer the family firm

10. Where leaders go for advice and support

• Using a board to build your company
• Why leaders need the best available advice
• Good tips for choosing a consultant
• CEO forums: where leaders advise each other

11. Leadership and public image

• Leaders who boldly project the family into marketing
• How to build your company's reputation

12. Keeping your life in balance

• Thomas Watson Jr.'s big mistake in bringing home his frustrations
• The cure for leadership burnout

Resources