Topics of Family Business Governance: Insights on Structures, Strategies, and Executives

Author:   Hermut Kormann ,  Birgit Suberg
Publisher:   Springer Nature Switzerland AG
Edition:   1st ed. 2021
ISBN:  

9783030580216


Pages:   157
Publication Date:   19 November 2021
Format:   Paperback
Availability:   Manufactured on demand   Availability explained
We will order this item for you from a manufactured on demand supplier.

Our Price $103.47 Quantity:  
Add to Cart

Share |

Topics of Family Business Governance: Insights on Structures, Strategies, and Executives


Add your own review!

Overview

Full Product Details

Author:   Hermut Kormann ,  Birgit Suberg
Publisher:   Springer Nature Switzerland AG
Imprint:   Springer Nature Switzerland AG
Edition:   1st ed. 2021
Weight:   0.273kg
ISBN:  

9783030580216


ISBN 10:   3030580210
Pages:   157
Publication Date:   19 November 2021
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   Manufactured on demand   Availability explained
We will order this item for you from a manufactured on demand supplier.

Table of Contents

The design of boards for comprehensive tasks and efficient processes.- ​Introduction.- Exploring the topics of governance.- Modules and tasks of governance.-  One-tier and two-tier boards.- Design parameters of a board for family enterprises.- Governance for the lone founder.- Agenda setting:Clarifying the strategic situation and the challenges.- Monitoring: We need meaningful data.- The difficult task of advising.- To create a sense of urgency.- The board’s key role during a crisis – such as COVID-19.- The board’s discussions on topics of family enterprises’ strategies.- The key issues of the family enterprise’s strategy.- Profits as the basis of strategy.- Investments strategy for stability and development.- Innovation strategy for renewal and growth.- Patterns of family enterprise’s growth.- Avoiding unacceptable risks.- Compliance and environmental protection: CSR in family enterprises.- Recession management for coping with economic cycles.- Fighting financial squeeze.- The trade-offs of mergers & acquisitions.- The trade-offs of going public of family enterprises.- Profit distribution policy in family enterprises.- The development of professional owners and capable executives in family enterprises.- Developing responsible owners in family business.- Development of executives in family enterprises.- Challenges and benefits of sibling-consortium in management of family enterprises.- Preparation for succession in family enterprises.- The challenges and benefits of non-family-management in family enterprises.- Professional executive search for family enterprises.- The trade-offs of incentive programs in family enterprises.- The family is the destiny of the enterprise. 

Reviews

Author Information

Hermut Kormann served as CFO (1989-99) and CEO (2000-08) of Voith, a 150-year-old German family enterprise. Prior to Voith, he held positions at Brown, Boveri & Cie. (currently called ABB) and Booz & Co., management consultants. Dr. Kormann has served on various supervisory boards of family enterprises. He advises owning families on issues of owner strategy. Dr. Kormann is a Visiting Professor at Leipzig University (Germany) and Professor at Zeppelin University (Germany) where he lectures on leadership, strategy, and governance in family-owned businesses.  Birgit Suberg is an Associate Professor of Practice at Xi'an Jiaotong-Liverpool University in Suzhou (China). She is also the Managing Director of a Shanghai-based consulting company. After starting out in strategic consulting and project management in Germany, she has worked in China in several leading positions for multinational and Chinese family and founder-controlled firms. 

Tab Content 6

Author Website:  

Customer Reviews

Recent Reviews

No review item found!

Add your own review!

Countries Available

All regions
Latest Reading Guide

Aorrng

Shopping Cart
Your cart is empty
Shopping cart
Mailing List