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Author Renkert-Thomas, Amelia, 1962-

Title Engaged ownership : a guide for owners of family businesses / Amelia Renkert-Thomas ; foreword by Kenneth McCracken
Published Hoboken, New Jersey : John Wiley & Sons, 2015
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Description 1 online resource
Contents Cover; Title Page; Copyright; Contents; Foreword; Preface; Acknowledgments; Part I Engaged Ownership: An Introduction; Prologue; Owen Family-January 3, 2010; July 10, 2010; A Note about the Owens and Owen Products, Ltd.; Chapter 1 More at Stake than Money; Refocusing the Succession Planning Discussion; Chapter 2 Achieving Engaged Ownership; Owen Family-March 7, 1948; Owen Family-October 31, 1968; Owen Family-March 12, 1986; Owen Family-December 24, 1992; Endnote; Chapter 3 Engaged Ownership: Hallmarks and Impediments; Owen Family-October 19, 1996; Owen Family-March 13, 2008
Chapter 12 Allocating Power among Owners, Board, and ManagementOwen Family-September 18, 2012; Thinking about the Allocation of Decision-Making Power; Building an Allocation Grid; Chapter 13 Working with Other Forums; Owen Family-December 22, 2012; Chapter 14 Meetings; Owen Family-June 6, 2013; Meetings; Chapter 15 Policies; Owen Family-December 24, 2013; Part IV Three Challenges: Hats, Trusts, and Outside Investors; Chapter 16 When an Owner Also Runs the Enterprise; Owen Family-June 6, 2013; Chapter 17 When an Owner Is Also a Trustee; Owen Family-September 2, 2013
Chapter 18 Bringing in Outside InvestorsOwen Family-November 30, 2013; Bringing in an Outside Owner; Restructuring the Owners Council to Accommodate a Non-family Owner; Chapter 19 Epilogue; Owen Family-October 4, 2014; Appendix A Sample Decision Grid; About the Author; Index; EULA
Chapter 6 Enumerating Core CapitalOwen Family-January 28, 2012; Core Capital; How to Enumerate Core Capital; Chapter 7 Shared Purpose; Owen Family-January 28, 2012; Chapter 8 Vision and Mission; Owen Family-January 29, 2012; Vision; Mission; Chapter 9 Is It ""Good Enough''?; Owen Family-January 29, 2012; The "Good-Enough" Standard for Consensus; Chapter 10 Alternatives to Engaged Ownership; Owen Family-February 21, 2012; Part III Practicing Engaged Ownership; Chapter 11 Forums; Owen Family-June 16, 2012; Forums: Board, Owners Council, Family Assembly
Interest, Understanding, Ability, Longsightedness/BroadsightednessImpediments to Engaged Ownership; Part II Getting Organized; Chapter 4 Family Business Roles and Relationships; Owen Family-June 2, 2011; Owen Family-July 5, 2011; Roles; Different Perspectives; Roles Affect Perspective; Chapter 5 The Legacy of the Past: Natural Governance, Family History, and Culture; Owen Family-September 6, 2011; Natural Governance; Owen Family-October 4, 2011; The Enterprise as Family Member; Owen Family-October 4, 2011; Culture, Attitudes, and Assumptions; Difficult Conversations; Endnote
Summary "Successful ownership transition requires effective decision making at the top Engaged Ownership is the definitive owner's guide to the family enterprise. Whether you're taking over a family business, family office, or trust, this book shows you how to work effectively with the management and board to keep the enterprise moving in the right direction. The first guide of its kind written from the owner's perspective, this book is designed to help owners who are truly committed to growing all forms of capital be successful in their role. You'll learn the time-tested process that helps you 'unstick' decision-making, become engaged and effective, and manage the transfer from owner control to shared ownership while minimizing risk. Improve communication and relationships with the board, and ensure that every stakeholder understands your strategies and vision for the future. You'll allay the fears that frequently accompany ownership transfers, and inspire a sense of teamwork that leads to sustainable success generation after generation. As the Baby Boomers retire, business founders and entrepreneurs worldwide are transferring ownership of privately held enterprises to their children in record numbers. It can be a complex and difficult-to-navigate time for everyone involved. This book helps you smooth the way to a successful transition, and transcend the owner's traditionally passive role. Learn to work effectively with management and the board Get everyone on the same page in terms of vision and direction Build relationships that lead to forward-thinking decision making Succeed in the ownership role by bringing your expertise to the fore Ownership transfer often triggers a radical change in family enterprise, and if poorly managed, can turn a business in the wrong direction. Engaged Ownership shows you how to build a dynamic and effective partnership with trustees, board, and management, and become a successful steward of the family's financial, human, social, and operational capital"-- Provided by publisher
Notes Includes index
Machine generated contents note: Foreword Preface Acknowledgments Part I: Engaged Ownership: An Introduction Prologue Chapter 1 More at Stake than Money Chapter 2 Achieving Engaged Ownership Chapter 3 Engaged Ownership: Hallmarks and Impediments Part II: Getting Organized Chapter 4 Family Business Roles and Relationships Chapter 5 The Legacy of the Past: Natural Governance, Family History, and Culture Chapter 6 Enumerating Core Capital Chapter 7 Shared Purpose Chapter 8 Vision and Mission Chapter 9 Is It "Good Enough"? Chapter 10 Alternatives to Engaged Ownership Part III: Practicing Engaged Ownership Chapter 11 Forums Chapter 12 Allocating Power among Owners, Board, and Management Chapter 13 Working with Other Forums Chapter 14 Meetings Chapter 15 Policies Part IV: Three Challenges: Hats, Trusts, and Outside Investors Chapter 16 When an Owner Also Runs the Enterprise Chapter 17 When an Owner Is Also a Trustee Chapter 18 Bringing in Outside Investors Chapter 19 Epilogue Appendix: Sample Decision Grid About the Author Index
Print version record and CIP data provided by publisher
Subject Family-owned business enterprises.
Small business -- Management.
Form Electronic book
LC no. 2015041896
ISBN 1119171156 (epub)
1119171172 (pdf)
9781119171157 (epub)
9781119171171 (pdf)