Preparing Your Family Business For Strategic Change

Responsible and disciplined strategic integration of family and business goals, strengths and values produce powerful results for family firms. Significant strategic change is crucial and now likely to be required as many as five times during the tenure of new family business leaders. In Preparing Your Family Business For Strategic Change, you'll learn: how to ensure that your family enterprise stays strategically fresh; how to make change your tradition; how to prevent past achievements from limiting future successes; how family values and passions can promote strategic business strengths; how to recognize and use your family business' advantages; how to overcome family business disadvantages; how to create a strategic culture and much more... Creating and implementing successful family business strategy requires family business leaders to understand the real reasons for success, to create a culture of change and to manage incremental strategic experiments in ways that consistently stimulate strategic thinking.