Breakthrough of Chinese Family Enterprises

Jean Lee and Hong Li
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Jean Lee: China Europe International Business School, China
Hong Li: Chinese Academy of Social Sciences, China

Chapter 7 in Wealth Doesn't Last 3 Generations:How Family Businesses can Maintain Prosperity, 2008, pp 287-306 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:The Axis of FamilyFamily Concept — Manage the Double-Edged SwordPower Handover — Make Long-Term Plan for SuccessionThe Axis of OwnershipDefine the Ownership Right and Management Right as Early as PossibleRisk Control — Establish True Governance Structure and Management SystemThe Axis of EnterpriseIndustrial Orientation: Establish a System of Specialization and CooperationMarket Competition: Enhance the Consciousness of Competition and Cooperation, and Emphasize Resource ComplementarityBottleneck for Talents: Improve HR Management and Retain High-Level Managers

Keywords: Family Business; Sustainable Prosperity; China; Business Management; Family Business Cases (search for similar items in EconPapers)
Date: 2008
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