Six Key Issues and Challenges in Managing Dynastic Business Families

Tom A. Rüsen (), Heiko Kleve () and Arist von Schlippe ()
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Tom A. Rüsen: Witten/Herdecke University
Heiko Kleve: Witten/Herdecke University
Arist von Schlippe: Witten/Herdecke University

Chapter 3 in Managing Business Family Dynasties, 2021, pp 19-32 from Springer

Abstract: Abstract This chapter deals with core issues and challenges facing dynastic business families or business families 3.0: in addition to exercising the ownership function, central elements in family management include maintaining the cohesion of and meeting the expectations of family members. The explanations offered here are based on our initial, already published, ideas on the central starting points for family management in dynastic business families and represent a further development of these ideas (Rüsen et al., Die Soziologie der Unternehmerfamilie. Grundlagen, Entwicklungslinien, Perspektiven, 2019b). Based on six identified fields of action, the chapter depicts the central questions that Big Family Management has to address systematically.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:mgmchp:978-3-030-82619-2_3

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DOI: 10.1007/978-3-030-82619-2_3

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