By Alan L. Carsrud,Malin Brännback
Family-owned and controlled agencies are frequently beset by means of numerous crises which may impression the firm’s very survival. those could contain alterations in expertise, deaths of serious kinfolk, festival inside an commercial area, shifts in industry dynamics and product mixes, fiscal turmoil, political upheaval and revolution, enterprise progress, succession, and choosing new enterprise management. Such crises will be inner to the enterprise or a functionality of the exterior setting, and a number of other may perhaps take place concurrently; them all give a contribution to a context of uncertainty, chance, and alter, offering specific demanding situations which are specified to family-owned businesses.
This quantity offers 8 in-depth case experiences of family-owned agencies that characterize various industries and situations. every one case explores the dynamics of dealing with in chaotic environments and the way relations management spoke back to crises. classes discovered from those studies can help readers know how to resolve difficulties below stipulations of uncertainty and the way to prevent failure, while the survival of the company is at stake. that includes questions and studying notes designed to interact the reader at once, this quantity might be a priceless assets for college students and participants of entrepreneurial and family-owned organisations, in addition to specialists, traders, and different specialist advisors.
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Additional resources for Understanding Family Firms: Case Studies on the Management of Crises, Uncertainty and Change (SpringerBriefs in Business)
Understanding Family Firms: Case Studies on the Management of Crises, Uncertainty and Change (SpringerBriefs in Business) by Alan L. Carsrud,Malin Brännback