Family business governance : maximizing family and business potential (Book, 2011) []
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Family business governance : maximizing family and business potential

Family business governance : maximizing family and business potential

Author: Craig E Aronoff; John L Ward
Publisher: New York : Palgrave Macmillan, 2011.
Series: Family business leadership series.
Edition/Format:   Print book : EnglishView all editions and formats
With 'Family Business Governance' you'll learn: how effective governance can have a positive impact on your family and your business, how to set up productive governance structures, and how to overcome objections to establishing governance processes. You will also learn how to determine primary responsibilities of the board.
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Document Type: Book
All Authors / Contributors: Craig E Aronoff; John L Ward
ISBN: 9780230111066 0230111068 9780230116016 0230116019
OCLC Number: 663772862
Notes: Originally published: Marietta, GA : FBCG Publications, ©1996.
Description: viii, 94 pages : illustrations ; 21 cm.
Contents: Excellence at your vocation, from homemaking to investment banking : excellence at any vocation requires hard work, high standards, expertise, and education : excellence earns respect --
Flexibility in your views of difficult issues : that means you have the ability and desire to listen to other points of view, an ability to empathize, and an understanding that you aren't always right : open-mindedness reduces defensiveness --
Literacy in business language and the characteristics of your industry : family members who are willing to hold themselves accountable to the business will learn how to interpret financial statements, judge competitors, and keep up with business trends : literacy eases communication --
Preparedness to understand business concerns : this means a willingness to do your homework and to study and understand the information you are given by management --
Trust in management : family members' trust in experienced, talented managers makes it easier for management to institute constructive changes, innovate and take the risks necessary to running a successful business : the more trusting family shareholders are, the greater is their capacity to strengthen the business : trust makes teamwork possible.
Series Title: Family business leadership series.
Responsibility: Craig E. Aronoff and John L. Ward.


Strong family governance can create an environment of smooth decision making, cohesiveness, effective conflict resolution and a directive that moves the business forward. Authors Aronoff and Ward  Read more...


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'Initially, our directors were all family members, and we used Family Business Governance: Maximizing Family and Business Potential as a guide to restructuring our board of directors, which now Read more...

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