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Strategic Management
book

Strategic Management

by Dr.Jacob Thomas
January 2016
Beginner content levelBeginner
848 pages
28h 40m
English
Pearson Education India
Content preview from Strategic Management

14 Strategy for Family Business

It is good to have an end to a journey forward, but it is the journey that matters in the end

—Earnest Hemingway

LEARNING OBJECTIVES
  • identify a family business (FB) from its characteristics vis-à-vis a non-family business
  • understand the importance and elements of succession planning for sustained growth of an FB
  • identify the importance of socioemotional wealth and governance structure suited to an FB
  • Assess the bundle of special resources a family business can leverage for success.
  • Appreciate the importance of control systems especially financial management systems in a family business for system performance.
IDEAS AT WORK 14.1
Strategy Show: Vicco Laboratories Business for the Family
Large section of Indian ...
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Publisher Resources

ISBN: 9789389588064