Sink or Swim: How Lessons from the Titanic Can Save Your Family Business
| Author | : | |
| Rating | : | 4.42 (556 Votes) |
| Asin | : | B00B152CS6 |
| Format Type | : | |
| Number of Pages | : | 327 Pages |
| Publish Date | : | 2013-06-27 |
| Language | : | English |
DESCRIPTION:
Lyons, Jr.; CEO, The Bilco Company"Sink or Swim provides a fresh, fascinating lens through which to view family enterprise challenges and solutions. This powerful metaphor will leave a strong impression in the minds of business owners, advisors, consultants, researchers and educators in the field."- Judy Green, PhD; Executive Director, The Family Firm Institute. All family businesses, whether large or small or in manufacturing or service industries, can learn a great deal from
As a consultant, she helps family firms develop strategies and policies that will serve to perpetuate family ownership while helping them make advances in business strategy, organizational structure, management practices, human resources, leadership development and succession planning. David C. Cale, MBA is an advisor, lecturer, author,
Outstanding book for anyone involved with a family business. Extremely well-written, insightful, clearly organized and chock full of essential information, "Sink or Swim" is the navigational chart for keeping family businesses steered away from inherent dangers and running smoothly toward business success.As an owner/manager dealing with the challenges of a family business (in my case, real estate development) during demanding times, this book strikes right to the heart of the difficulties and gives me clear, potent strategies for overcoming them. I believe the book would be pertinent for any t. Should be mandatory reading for family owned businesses Paul L. Marciano Having grown up in a family business, I know all the pitfalls that we faced. I wish that this had been around 25 years ago -- it would have helped us get through a lot of rough patches. The book is extremely well-written and the content is very accessible and practical. In addition, the story of the Titanic is truly fascinating and, of course, sad. Learn the lessons that will help you not only swim but fly!
Sink or Swim: How Lessons from the Titanic Can Save Your Family Business provides critical strategies for identifying and managing risks—obvious and hidden—that threaten family business survival. The final section supplies guidance that will help family-run businesses avoid unanticipated tragedy.. Family-owned businesses are the backbone of the U.S. Part 2 examines the five fatal flaws that contributed to Titanic's sinking and reveals how family firms can have the same vulnerabilities. Unfortunately, less than one-third survive the transition from first to second generation of family ownership.Now more than ever, many family businesses are in danger of going under as rising health care costs, lack of access to capital, and increasing costs of doing business shrink profit margins. In part 1 of the book, the authors relate the design, construction, and operation of the ill-fated Titanic to the challenges facing family-owned businesses today. economy, responsible for 65 percent of wages paid, adding 78 percent of all new jobs, and contributing over half of the nation's GDP