Healthy Growth for the Family Business
Strategies for sustainable success in family-owned enterprises
Format:Hardback
Publisher:Palgrave Macmillan
Published:11th Jan '11
Currently unavailable, and unfortunately no date known when it will be back
This insightful guide explores the fundamentals of sustainable growth in family businesses, emphasizing strategic decision-making and long-term planning in Healthy Growth for the Family Business.
In Healthy Growth for the Family Business, author Jennifer Pendergast delves into the essential elements that contribute to the sustainable success of family-owned enterprises. The book emphasizes the importance of strategic decision-making, highlighting how impulsive choices can jeopardize the future of these businesses. Pendergast draws on her extensive experience to guide readers through the complexities of growth, ensuring they understand the nuances between healthy expansion and reckless overreach.
Pendergast provides a comprehensive framework for assessing growth opportunities, helping family business owners identify what constitutes a sustainable path forward. She discusses various types of growth—organic, acquisition-based, and more—and outlines the benefits and risks associated with each. Through real-world examples and actionable insights, readers will learn how to evaluate their unique circumstances and make informed decisions that align with their long-term goals.
Ultimately, Healthy Growth for the Family Business serves as a vital resource for anyone involved in a family business. Whether you're a seasoned leader or just starting, this book equips you with the tools necessary to foster a thriving business culture that prioritizes longevity and stability, ensuring that the legacy of your family business can be passed down through generations.
"As a member of a fourth generation sibling team who face the challenge of defining and planning for "sustainable" growth for our family business, I found Healthy Growth for the Family Business by Dr. Jennifer Pendergast to be particularly relevant and informative. The materials contained within this book move beyond the basic concepts of growth and provide a more comprehensive view of strategic issues related to growth in a family business. As our family continues to pursue a growth strategy for our business, we intend to use the many thought provoking questions raised within this book to prompt future discussions about responsible growth." - Diana C. Pickering, Biltmore Estate, Asheville, NC
"Whether growth translates into prosperity across generations lies at the hearth of leadership of the family enterprise. Having worked with Dr. Pendergast on a variety of strategic assignments, I am well familiar with her impressive analytical abilities and her heart for the unique challenges and opportunities presented by family owned and operated businesses. Both are evident in Healthy Growth for the Family Business. Any family member, leader, or professional wrestling with financial, operational, and cultural issues inherent in the question of whether to grow and how to grow, will find great value in her thorough analysis." - Steven C. Tourek, Senior Vice President/General Counsel, Marvin Windows and Doors, St. Paul, MN
"As a non-family executive in a diversified, multi-generational family-owned company, I fully endorse the growth perspective so well articulated by Dr. Pendergast in Healthy Growth for the Family Business. She has succinctly captured the essence of the growth challenge for the family owned business; its need for proper definition, to be with purpose, and for the consequences to be broadly understood. I found the book to be easily read, filled with real-world examples, and well-organized. It will be shared throughout our company as we transition from third generation management and leadership to that of the fourth generation and refine our vision for growth and renew our commitment to healthy growth." - Barton Weeks, Executive Vice President, Strategic Planning / Real Estate & Land Operations, A. Duda & Sons, Inc., Oviedo, FL
ISBN: 9780230111240
Dimensions: unknown
Weight: 313g
93 pages