Strategic Planning for the Family Business: Parallel Planning to Unify the Family and Business (2001

Strategic Planning for the Family Business: Parallel Planning to Unify the Family and Business (2001)

By R Carlock and J Ward

Family business planning has traditionally centered on two issues - estate planning and succession. These goals are far too limited for today's family firm. Business families want to turn the business into not only a tool for profit, but for self-expression, innovation and legacy. The authors introduce the new concept of the Parallel Planning Process, explaining how to integrate the needs and expectations of the family and business systems in order to create an organic and entrepreneurial unit.

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Book Information

Publisher: Palgrave MacMillan
Publish Date: 01/29/2001
Pages: 270
ISBN-13: 9781349426614
ISBN-10: 134942661X
Language: English

Full Description

Family business planning has traditionally centered on two issues - estate planning and succession. These goals are far too limited for today's family firm. Business families want to turn the business into not only a tool for profit, but for self-expression, innovation and legacy. The authors introduce the new concept of the Parallel Planning Process, explaining how to integrate the needs and expectations of the family and business systems in order to create an organic and entrepreneurial unit. Planning and decision making templates are included as well as studies of well-known family businesses.

About the Author

DANIELA MONTEMERLO Professor of Business Administration at Bocconi University, Italy, Senior Faculty Member of the Strategic and Entrepreneurial Management Department at Bocconi School of Management and a Member of the Family Business Consulting Group International. JOHN L. WARD Co-founder of the Family Business Consulting Group Inc.

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