By Alan L. Carsrud,Malin Brännback
Family-owned and controlled corporations are usually beset via various crises which could impression the firm’s very survival. those may well contain adjustments in know-how, deaths of severe kinfolk, festival inside an commercial region, shifts in industry dynamics and product mixes, financial turmoil, political upheaval and revolution, enterprise progress, succession, and choosing new company management. Such crises can be inner to the company or a functionality of the exterior atmosphere, and a number of other may perhaps ensue concurrently; them all give a contribution to a context of uncertainty, danger, and alter, featuring specific demanding situations which are specific to family-owned businesses.
This quantity offers 8 in-depth case reports of family-owned organizations that characterize a number of industries and situations. every one case explores the dynamics of dealing with in chaotic environments and the way family members management answered to crises. classes realized from those stories may help readers know how to unravel difficulties lower than stipulations of uncertainty and the way to prevent failure, while the survival of the enterprise is at stake. that includes questions and studying notes designed to interact the reader without delay, this quantity may be a necessary assets for college students and contributors of entrepreneurial and family-owned organisations, in addition to experts, traders, and different specialist advisors.
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Understanding Family Firms: Case Studies on the Management of Crises, Uncertainty and Change (SpringerBriefs in Business) by Alan L. Carsrud,Malin Brännback