Engaged ownership : a guide for owners of family businesses / by Amelia Renkert-ThomasPublisher: Hoboken, N.J. : Wiley, 2016Description: xxiv, 200 p. ; 24 cm.ISBN: 9781119171133.Subject(s): Succession planning | Family companiesOnline resources: Download as an eBook
|Item type||Home library||Call number||URL||Status||Notes||Date due||Item reserves|
|Book||Australia||290 REN 2016 (Browse shelf)||Available|
|EBook||International||EBL Ebook (Browse shelf)||Link to resource||eBook||Available as an ebook here|
|Book||New Zealand||200 ENG (Browse shelf)||Available|
ENGAGED OWNERSHIP - AN INTRODUCTION: More at stake than money -- Achieving engaged ownership -- Engaged ownership: hallmarks and impediments. GETTING ORGANIZED: Family business roles and relationships -- The legacy of the past: natural governance, family history, and culture -- Enumerating core capital -- Shared purpose -- Vision and mission -- Is it "good enough"? -- Alternatives to engaged ownership. PRACTICING ENGAGED OWNERSHIP: Forums -- Allocating power among owners, board, and management -- Working with other forums -- Meetings -- Policies. THREE CHALLENGES: HATS, TRUSTS, AND OUTSIDE INVESTORS: When an owner also runs the enterprise -- When an owner is also a trustee -- Bringing in outside investors. APPENDIX: A sample decision grid.
Offers family business owners and successors a new way to approach ownership. Presents tools to grow core capital and transfer from controlling owner to shared ownership with minimum risk. Looks at how to get everyone on the same page and continue the family's legacy and strategic vision.