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Business/Investing Unconventional Wisdom: CounterintuitiveA InsightsA for Family Business Success

Posted on 2010-03-15




Name:Business/Investing Unconventional Wisdom: CounterintuitiveA InsightsA for Family Business Success
ASIN/ISBN:0470021659
Language:English
File size:10.1 Mb
Publisher: Wiley
Publish Date: 2005-07-29
ISBN: 0470021659
File Type: PDF
Pages: 274 pages
File Size: 10.1 MB
   Business/Investing Unconventional Wisdom: CounterintuitiveA InsightsA  for Family Business Success

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John L. Ward, "Unconventional Wisdom: CounterintuitiveA InsightsA for Family Business Success"

Family businesses prosper by pursuing unconventional strategies. Because they are values-driven and think very long-term, they take approaches not popular with current management fashion or most companies. That is the key to their competitive advantage. However, family businesses must find ways to simultaneously serve business needs and family goals, which require very different priorities and principles. As a result, they must think paradoxically, and find insights that single-purpose enterprises need not contemplate. They must dare to be different. Family business requires a different governance system, but it must nevertheless be one that can be controlled. Building on insights from the worldA~?s premier family business executive education course, this book offers the Unconventional Wisdom needed to leverage the strategic and cultural uniqueness of a family business for enduring success.

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