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Engaged Ownership: A Guide for Owners of Family Businesses by Amelia Renkert-Thomas

Engaged Ownership: A Guide for Owners of Family Businesses

by Amelia Renkert-Thomas
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Book cover type: Hardcover
  • ISBN13: 9781119171133
  • Binding: Hardcover
  • Subject: N/A
  • Publisher: Wiley
  • Publisher Imprint: Wiley
  • Publication Date:
  • Pages: 224
  • Original Price: USD 37.0
  • Language: English
  • Edition: N/A
  • Item Weight: 363 grams
  • BISAC Subject(s): Small Business and Management

From the Back Cover

As Baby Boomers retire in record numbers, business founders and entrepreneurs worldwide face the challenging task of transferring ownership of privately held enterprises to their children. Engaged Ownership offers owners and successors alike a new way to approach ownership of the family business. The time-tested process inside gives you hands-on tools for growing core capital, including how to manage the transfer from controlling owner to shared ownership with minimized risk, while inspiring a sense of teamwork to sustain success for future generations.

Exclusive guidance from the recognized authority on family business governance and succession lets you act with confidence as you:

  • Learn to work effectively with your fellow owners, management, and the board of directors
  • Get everyone on the same page in terms of vision and direction
  • Understand and manage the unique challenges that arise when a managing owner, trust, or outside investor is part of the ownership group
  • Practice the actionable steps owners must take to develop and maintain engagement

Engaged Ownership offers families and their advisors a road map for integrating owners into the decision-making fabric of the company to carry on the family's legacy, vision, and strategic direction.

AMELIA RENKERT-THOMAS jointly founded Withers Consulting Group, an award-winning international family-business consultancy. She works with families and enterprises of all shapes and sizes, from entrepreneurs coping with the consequences of liquidity events to large multi-generational families with highly sophisticated business and investment structures. She helps families to design tailored governance structures, create more effective board structures, form and govern family offices, set up shareholder councils, and make trusts more--functional.
Her understanding of the complexities family businesses face stem not only from her consulting work but also from her own family background. She is the former President of Ironrock, Inc., her family's fifth generation manufacturing business, and the granddaughter of the founder of Fisher Price Toys.
Amelia's consulting work fills a void between family dynamics and management consultancy. Her work reduces and manages the conflicts that can be created by structures of ownership, such as voting and non-voting shares, trusts, partnerships, and foundations, all of which are very familiar to Amelia as a trained lawyer. Her work on ownership has been referred to as "the missing piece of the puzzle" for family businesses.
Because of her mix of personal and professional experience, Amelia is often asked to comment in the press and provide consulting and training for families and family business advisers alike.

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