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SUCCESSION FOR CHANGE: Strategic transitions in family and founder-led businesses

Autor Harry Korine
en Limba Engleză Hardback – 9 iun 2017
Korine reframes the question of succession in family and founder-lead businesses as an issue of entrepreneurial choice, concentrating on the challenge of succession for change as opposed to the traditional focus on succession for continuity.
It is inevitable that when the leaders of family and founder-lead businesses look to pass on the mantle they naturally want to preserve and maintain the firm they have worked so hard for so long to build up. The shaping influence of family or founder, and the instinctive emotional desire for legacy easily sways succession towards continuity rather than the possibly radical development the business may need to meet new challenges.
Succession for Change shows how competitive advantage has evolved over the last twenty-five years and examines the approaches being adopted by current business leaders, succession service providers and the next generation to address the change imperative in succession.
Korine’s rigorous research and deeply practical approach shows that when change becomes the focus of succession, and developing entrepreneurial values takes precedence over preserving the status quo, succession planning can ensure that firms not only survive the departure of their founders but thrive long after they have gone. He offers a framework for implementing succession as transformation, and rethinking succession governance. 
The secret is enabling the next generation of leaders to stand on the shoulders of giants rather than be constantly doomed to stand in the shadow of giants.  
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Specificații

ISBN-13: 9783319521190
ISBN-10: 3319521195
Pagini: 118
Ilustrații: XIX, 121 p. 8 illus., 3 illus. in color.
Dimensiuni: 155 x 235 x 17 mm
Greutate: 0.38 kg
Ediția:1st ed. 2017
Editura: Springer International Publishing
Colecția Palgrave Macmillan
Locul publicării:Cham, Switzerland

Cuprins

Chapter1 Succession to Preserve a Legacy.- Chapter2 Continuity as an Outcome of Doing it by the Book.- Chapter3 Change Imperative for Family and Found-led Businesses.- Chapter4 Succession for Change in Current Practice.- Chapter5 The World of Succession Services.- Chapter6 Next Generation.- Chapter7 Succession in a World of Change.- Chapter8 Succession as Transformation.- Chapter9 Rethinking Succession Governance.

Notă biografică

Harry Korine (PhD, INSEAD) is an Adjunct Professor of Strategy at INSEAD and a Lecturer in Corporate Governance at the London Business School. His research has resulted in several books and numerous articles, including “The Leap to Globalization” (Jossey-Bass, 2002), “Entrepreneurs and Democracy”, (Cambridge University Press, 2008) and “When You Shouldn’t Go Global”, (Harvard Business Review, 2008). His most recent book, “Strong Managers, Strong Owners”, was published by Cambridge University Press in 2014.  In his capacity as a private consultant, he has worked with family and founder-led businesses around the world on questions of strategy, governance, and succession.

Textul de pe ultima copertă

Korine reframes the question of succession in family and founder-lead businesses as an issue of entrepreneurial choice, concentrating on the challenge of succession for change as opposed to the traditional focus on succession for continuity.
It is inevitable that when the leaders of family and founder-lead businesses look to pass on the mantle they naturally want to preserve and maintain the firm they have worked so hard for so long to build up. The shaping influence of family or founder, and the instinctive emotional desire for legacy easily sways succession towards continuity rather than the possibly radical development the business may need to meet new challenges.
Succession for Change shows how competitive advantage has evolved over the last twenty-five years and examines the approaches being adopted by current business leaders, succession service providers and the next generation to address the change imperative in succession.
Korine’s rigorous research and deeply practical approach shows that when change becomes the focus of succession, and developing entrepreneurial values takes precedence over preserving the status quo, succession planning can ensure that firms not only survive the departure of their founders but thrive long after they have gone. He offers a framework for implementing succession as transformation, and rethinking succession governance. 
The secret is enabling the next generation of leaders to stand on the shoulders of giants rather than be constantly doomed to stand in the shadow of giants.  

Caracteristici

Blends a deeply practical approach with rigorous research Aimed at a new generation of leaders taking on family businesses Shows how focusing on change, rather than continuity, can provide competitive advantage