Organize and plan for your family business’s continued, intergenerational success
Continuity Model Generation: Integrating Wealth, Strategy, Talent, and Governance Plans delivers a cohesive and comprehensive plan for family business leaders who seek to improve the chances of sustaining success across generations. Incorporating four distinct–but closely related–plans, Continuity Model Generation shows family businesses how to manage their strategy, their wealth, their talent, and their governance to achieve multi-generational success. The book also offers:
* A coherent framework (Continuity Canvas) for the integration of its multiple plans affecting every critical aspect of the family-owned or controlled business
* Straightforward and practical frameworks, meta-frameworks, and cornerstones to ground your family business’s strategy
* A variety of templates, checklists, and forms to organize your thinking and strategy
Ideal for business-owning families, as well as their stakeholders and those who advise them, Continuity Model Generation: Integrating Wealth, Strategy, Talent, and Governance Plans is required reading for anyone interested in maintaining and developing family-based wealth.
Mục lục
List of Illustrations xi
List of Illustrated Tables xiii
List of Configuration Plans xv
Acknowledgments and Appreciation xvii
Introduction to the Continuity Model Generation xxi
Part I: 21 Frameworks and 6 Meta-Frameworks 1
Keystone Meta-Framework 3
Four Foundational Theoretical Approaches 3
Two Complementary Logics 15
Three Circles Framework 18
Familial Meta-Framework 25
The Big Tent Framework 25
RIPCC Best Practice Dimensions 28
Four Ps Framework 30
Four Cs Framework 32
Individual Meta-Framework 39
Five Servant Leadership Dimensions 39
Four Tests Framework 43
Four Leadership Priorities 45
Four Exit Strategies 48
Generational Meta-Framework 51
Four Ls Framework 51
Four Ownership Stages 55
Four Entrepreneurship Principles 60
Tactical Meta-Framework 63
Family Enterprise Heterogeneity Frameworks 63
Four Rs Framework 66
Four Strategy Dimensions Framework 69
Fundamental Meta-Framework 73
Four Trust Dimensions 73
Five-Stage Life Cycle Framework 76
Church and State Framework 79
Four Innovation Capabilities 82
Part II: The Continuity Canvas 85
Strategy: Strategic Planning for Continuity 87
Strategic Planning for Continuity I: Collecting and Collating Basic Information 87
Strategic Planning for Continuity II: Cornerstone Concept Equals a Quadruple-Bottom- Line Scorecard 91
Financial Perspective 93
Social Perspective 98
Environmental Perspective 103
Talent Perspective 108
Talent: Successors’ Talent Development Planning for Continuity 115
Successors’ Talent Development Planning for Continuity I: Collecting and Collating Basic Information 129
Successors’ Talent Development Planning for Continuity II: Cornerstone Concept Equals Develop an Informed Individual Philosophy of Stewardship 131
Values – History – Legacy 133
Financial Literacy and Value Creation 137
Governance Role Preparation 145
Individual Development 150
Wealth: Asset, Wealth, and Estate Planning for Continuity 155
Asset, Wealth and Estate Planning for Continuity I: Collecting and Collating Basic Information 156
Asset, Wealth, and Estate Planning for Continuity II: Cornerstone Concept Equals Produce a Handwritten Individual Legacy Statement 158
Governance: Governance Planning for Continuity 169
Governance Planning for Continuity I: Collecting and Collating Basic information 169
Governance Planning for Continuity II: Cornerstone Concept Equals Craft the Family’s Governance Philosophy 171
Business Governance 173
Family Governance 183
Ownership Governance 185
The Foundation 192
Part III: Configuring a Plan for the Plans 197
Configuration Plan One 199
Configuration Plan Two 203
Configuration Plan Three 205
Configuration Plan Four 207
Part IV: Appendix 209
Educating Educators 211
A Program Example 215
Part One: Frameworks and Meta-Frameworks 215
Part Two: Four Plans and Cornerstone Concepts for Continuity 218
Part Three: Presenting Configuration Examples 222
Part Four: Developing Your Own Continuity Canvas and Cornerstone Concepts 223
References and Further Readings 225
Index 231
Giới thiệu về tác giả
JUSTIN B. CRAIG, Ph D, is Professor of Entrepreneurship and Family Enterprise at Bond University in Australia and Visiting Professor of
Family Enterprise and program director of the Center for Family Enterprises at the Kellogg School of Management, Northwestern University. He is the co-author of Leading a Family Business: Best Practices for Long-Term Stewardship.
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