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Leading the Family Business Through Succession: How Different Generations Create Value Together
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Leading the Family Business Through Succession examines leadership and succession in family business, showing how current and next generation members can develop the business side by side.
It challenges the traditional, hierarchical model of leadership and succession in family business, showing that this approach is no longer aligned to modern organizational needs. Instead, this book examines how current and next generations can bridge the gap and co-evolve as peers for a significant stretch of time. It outlines leadership practices families can employ to navigate the transition towards new ways of working together and how generations can collaborate to address the myriad challenges and opportunities affecting businesses today, balancing legacy and transformation. This book is informed by methodologies tried-and-tested in years of MBA and executive-level teaching at business schools such as INSEAD, St Gallen and London Business School. Taking a global approach and drawing on cutting edge insights and research, it provides case studies and examples featuring family businesses from around the world, such as Europe, the Americas, the Far East and the Middle East, highlighting how different family businesses can learn from each other. It is ideal for MBA and executive level courses on family business and will also be of interest to family business leaders, advisors and managers.Hilb, Michael: - Michael Hilb is founder of DBP Group, chair of the Board Foundation and a member of multiple corporate, foundation, and advisory boards. He is a Titular Professor at the University of Fribourg, Switzerland and teaches strategy, entrepreneurship and corporate governance at several universities in Asia and Europe. Previously, he led group strategy and digital business of $11 billion company DKSH, where he and his team built a profitable pan-Asian digital business in eight markets.
Korine, Harry: - Harry Korine teaches Corporate Governance at the London Business School and the University of St. Gallen, Global Strategy at INSEAD in Fontainebleau and Singapore and Family Business at all these institutions. As a professor and independent consultant, he engages with owners, board members, and executives to address questions of leadership and value generation. He has contributed articles towards Harvard Business Review, Financial Times, and Neue Zürcher Zeitung. He is based in Zurich, Switzerland.
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