Focusing on the dynamic relationship between ownership and management, this resource provides essential insights for owners, board members, executives, and advisors. It explores how these interactions influence a firm's strategy, offering practical guidance for effective governance and decision-making.
Delving into the political foundations of corporate governance, this book examines how political influences shape corporate structures and practices. It analyzes the interplay between government policies and corporate behavior, highlighting the implications for accountability and performance. By investigating various case studies and theoretical frameworks, the author reveals the complexities of governance systems and their impact on both businesses and society.
How Different Generations Create Value Together
Focusing on the dynamics of family businesses, this guide emphasizes the importance of balancing legacy with transformation. It offers insights into fostering effective collaboration across generations, helping leaders navigate the unique challenges and opportunities that arise in family-owned enterprises. Readers will learn strategies to develop their business while honoring its heritage, ensuring sustainable growth and cohesion within the family structure.
Strategic transitions in family and founder-led businesses
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