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Family Business Transformation: A Systems View

In: Personal, Educational and Organizational Transformation

Author

Listed:
  • Marc A. Silverman

    (Strategic Initiatives Inc.)

Abstract

This chapter addresses the issue of family businesses’ need for transformation from a systemic view. A systemic perspective is utilized to analyze the most common issues inherent in family businesses. The author illustrates key transformative challenges that most family businesses face and must resolve if the core systems are going to meet developmental and systemic challenges. Suggestions are offered for several kinds of interventions that help sustain the family, the family business, and its wealth over generations. The author utilizes cases that show how the issues impact the different family business systems with successes and failures. The author also suggests consultative competencies that are needed by the consultant wishing to assist the transformation process.

Suggested Citation

Handle: RePEc:spr:fuobcp:978-3-031-29253-8_8
DOI: 10.1007/978-3-031-29253-8_8
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