The first ever comprehensive guide to family business succession planning. This book covers everything from what family business ownership is and how to structure ownership bylaws to business structure, leadership transition, and how a founder exits the business. Drawing on original research, case studies, and white papers, Family Business Succession is a thorough, complete, and "required reading" for every family member working in a family business.
1. The Opportunities and Challenges of Continuity 2. The Foundation of Continuity: A Vision for the Future 3. Ownership Continuity 4. Leadership Continuity 5. The Role of Business Governance in Continuity Planning 6. The Role of Family Governance in Continuity Planning 7. The Critical Role of Organizational Culture in Continuity 8. The Road Ahead Appendices
Jennifer M Pendergast, PhD, is a senior associate of the Family Business Consulting Group. Jennifer specialized in strategic planning, family and business governance, family office structure and facilitation. Jennifer has taught strategy at Emory University and Pennsylvania in their business programs. She speaks several times a year and contributes to the thought leadership through publications of her research in Strategic Management Journal and European Management Journal.
Kelly Lecouvie is a Senior Consultant of the Family Business Consulting Group, Inc.®. Kelly is a family business management consultant working with entrepreneurial and family-run organizations. She specializes in facilitating communication among family members, succession planning, strategic planning, as well as leadership and board development. She serves family business clients across diverse industries. As a faculty member at the Schulich School of Business, York University, Kelly teaches strategic management, entrepreneurship and organization behavior. She has been the recipient of several teaching excellence awards over the last 10 years. As the author of Management and Organization Behavior, Kelly regularly speaks at conferences on management of organizational change, strategic leadership, policy and board development, as well other family business-related topics.