The Family Business Consulting Group and Palgrave Macmillan have published two new books concerning building and managing a family business.
In Building a Successful Family Business Board, authors Jennifer M. Pendergast, John L. Ward, and Stephanie Brun de Pontet show why private businesses need the expertise and objective feedback that a well-chosen board can provide. The authors also demonstrate how owners and directors can work together to ensure a long and profitable life for the firm. In addition, authors provide practices for owners and directors, including step-by-step guidelines for developing and managing a board.
In Family Business as Paradox, authors John L. Ward, Amy Schuman, and Stacy Stutz argue that instead of choosing between the family and the business, a family enterprise will have a long term strategic and competitive advantage and the family will remain committed to continuity if the family-owned business can consciously manage and synthesize the contradictions of family and business.
Please click this link to read more about these two books.
Posted by Kyle Petit, Associate Editor, Wealth Strategies Journal.

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