02432nam a22002537a 4500 AUA.1 20180503183932.0 180207b xxu||||| |||| 00| 0 eng d 9780230111066 JTL HD62.25 .A76 2011 Aronoff, Craig E. Family business governance : maximizing family and business potential / Craig E Aronoff; John L Ward. New York : Palgrave Macmillan, 2011. viii, 94 p. : ill. ; 21 cm. Family business leadership series Originally published: Marietta, GA : FBCG Publications, ©1996. Excellence at your vocation, from homemaking to investment banking : excellence at any vocation requires hard work, high standards, expertise, and education : excellence earns respect -- Flexibility in your views of difficult issues : that means you have the ability and desire to listen to other points of view, an ability to empathize, and an understanding that you aren't always right : open-mindedness reduces defensiveness -- Literacy in business language and the characteristics of your industry : family members who are willing to hold themselves accountable to the business will learn how to interpret financial statements, judge competitors, and keep up with business trends : literacy eases communication -- Preparedness to understand business concerns : this means a willingness to do your homework and to study and understand the information you are given by management -- Trust in management : family members' trust in experienced, talented managers makes it easier for management to institute constructive changes, innovate and take the risks necessary to running a successful business : the more trusting family shareholders are, the greater is their capacity to strengthen the business : trust makes teamwork possible. Strong family governance can create an environment of smooth decision making, cohesiveness, effective conflict resolution and a directive that moves the business forward. Authors Aronoff and Ward show leaders why a strong governance is critical to taking families from one generation of success to the next. Family corporations Management. Family-owned business enterprises Management. Ward, John L., 1945- lcc BOOK HD 62.25 .A76 2011 19297 19297 0 0 lcc 0 0 Books AUA.1 AUA.1 GS 2018-02-07 Bought by JTL 19.82 AUA22183 HD 62.25 .A76 2011 AUA22183 2018-02-07 00:00:00 19.82 2018-02-07 BOOK