Wise Family Business
Wise Family Business aims to help families in business to identify new and better ways of achieving longevity, sustainability and performance. The book presents ground-breaking new insights and practical examples from a range of growing family businesses in which the owning families are visible and, in most cases, have branded the business with their family name.
This comprehensive and important study explores how family identity has the power to tie together families in business and leverage their values when developing and sharing the owner’s vision with their stakeholder communities. Developing a family business identity is key when building and managing an authentic, recognizable and trusted brand. It argues that family businesses that have successfully translated strong identities into strong brands are not only perceived as attractive employers but also add meaningful value to the business over generations.
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You can also buy the book on Barnes & Nobles, Book Depository, Orell Füssli and Routledge.
In the 2010s, card processing – Mastercard’s flagship service – started showing signs of commodification as new, nimble players (typically, fintech startups thriving on digital) entered the payment processing space, and customer preferences evolve...
This case highlights Ragn-Sells’ remarkable journey from facing financial difficulties to establishing itself as a global authority on the circular economy and sustainability. In 2015, Pär Larshans joined the Swedish waste management company durin...
Culture eats strategy for breakfast is one of the most enduring truisms of management. But is it really the case? And what is culture anyway? Culture eats strategy for breakfast is one of the most enduring truisms of management. But is it really t...
This article integrates the literature on radical innovation, the stewardship perspective, and family business research to develop and test a model examining the influence of a family CEO and the CEO's generational stage on radical innovation, con...
The literature indicates that the board of directors exists to provide resources and strategic direction (service task) and monitor top managers (control task), often tending to overgeneralize board tasks. Using a unique sample of 36 elite family ...
Jan, a seasoned VP, faces the challenge of leading a critical summit in Singapore post-acquisition. Amid cultural complexities, she seeks guidance to unite diverse stakeholders and drive successful integration.
Prior literature establishes a link between family involvement and the firm financial performance. However, the mechanisms through which family involvement in a firm affects its financial performance in different institutional settings are largely...
Although corporate social responsibility (CSR) has received considerable attention in family firms, empirical findings on the CSR/family firm performance nexus are mixed and inconsistent. This meta-analytic review aims to clarify the mixed results...
Four tips to market to women more effectively and reach, engage and convert female consumers who make 80% to 85% of all purchasing decisions.
The ways popular frameworks are used fall short in today’s rapidly changing environment. Here is a new way to make better-informed strategic choices.
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in Research Policy 4 November 2024, ePub before print, https://doi.org/10.1016/j.respol.2024.105144
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in Journal of Management Studies November 2024, vol. 61, no. 7, pp. 2814-2848, https://doi.org/10.1111/joms.12990
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in I by IMD
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in Family Business Review October 2024, vol. 37, no. 4, https://doi.org/10.1177/08944865241290856
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in Corporate Social Responsibility and Environmental Management 25 October 2024, ePub before print, https://doi.org/10.1002/csr.3004
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in I by IMD
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Research Information & Knowledge Hub for additional information on IMD publications