Family Business Transformation: A Systems View

Marc A. Silverman ()
Additional contact information
Marc A. Silverman: Strategic Initiatives Inc.

Chapter 8 in Personal, Educational and Organizational Transformation, 2023, pp 257-285 from Springer

Abstract: Abstract This chapter addresses the issue of family businesses’ need for transformation from a systemic view. A systemic perspective is utilized to analyze the most common issues inherent in family businesses. The author illustrates key transformative challenges that most family businesses face and must resolve if the core systems are going to meet developmental and systemic challenges. Suggestions are offered for several kinds of interventions that help sustain the family, the family business, and its wealth over generations. The author utilizes cases that show how the issues impact the different family business systems with successes and failures. The author also suggests consultative competencies that are needed by the consultant wishing to assist the transformation process.

Keywords: Family business; Transformation; Family business governance; Conflict resolution in family business; Succession planning; Systems approach; Enmeshment in family business systems; Family fracturing; Family protocols and constitution; Family business consultant competencies (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:fuobcp:978-3-031-29253-8_8

Ordering information: This item can be ordered from
http://www.springer.com/9783031292538

DOI: 10.1007/978-3-031-29253-8_8

Access Statistics for this chapter

More chapters in Future of Business and Finance from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().