Synopses & Reviews
Family businesses epitomize the best of the American Dream: you work hard, you're your own boss, you leave a lasting legacy to your children -- or do you? Statistics show that only 30% of family businesses survive to the second generation, and a paltry 10% survive to the third generation. Family businesses are in trouble, and their survival is crucial to us all. Their success ensures our country's success -- and their failure can drastically affect our economic health. andlt;BRandgt; In andlt;Iandgt;Keep the Family Baggage Out of the Family Business,andlt;/Iandgt; family business expert Quentin Fleming has identified the Seven Deadly Sins that are invariably responsible for a family business's demise. andlt;Iandgt;Keep the Family Baggage Out of the Family Businessandlt;/Iandgt; presents practical and accessible advice geared toward the average family business owner or employee and is an invaluable tool for helping family businesses not only survive but thrive.
Review
Warren Bennis author of andlt;Iandgt;Organizing Geniusandlt;/Iandgt; Will soon become the bible of family businesses.
Review
Dr. Stephen R. Covey author of andlt;Iandgt;The 7 Habits of Highly Effective Peopleandlt;/Iandgt; Speaking from personal experience, such practical, humorous and insightful wisdom should be required reading for ambitious family businesses.
Review
Curt W. Coffman coauthor of andlt;Iandgt;First, Break All the Rulesandlt;/Iandgt; Insightful, must reading for anyone actively involved in a family business.
Review
Ken Lloyd, Ph.D. author of andlt;Iandgt;Jerks at Workandlt;/Iandgt; What do you do when the problem person at work is also your family member? This book provides the answers to that and many other questions, and should be required reading for anyone involved in a family business.
About the Author
andlt;Bandgt;Quentin J. Flemingandlt;/Bandgt; is a management consultant with more than a decade of consulting experience. He has worked with a wide variety of clients ranging from Fortune 500 companies to small entrepreneurial firms. He lives in Los Angeles, California, and can be contacted at www.familybaggage.com.
Table of Contents
andlt;Bandgt;Contentsandlt;/Bandgt;andlt;BRandgt;andlt;BRandgt;Part Iandlt;BRandgt;andlt;BRandgt;What's Causing This Mess?: The Family System, the Business System, and the Accompanying Baggageandlt;BRandgt;andlt;BRandgt;1. Why You Need to Read This Bookandlt;BRandgt;andlt;BRandgt;2. Systems and Baggageandlt;BRandgt;andlt;BRandgt;3. When Worlds Collide: The Family System Meets the Business Systemandlt;BRandgt;andlt;BRandgt;Part IIandlt;BRandgt;andlt;BRandgt;We Have Seen the Enemy, and He Is Us: The Seven Deadly Sins That Destroy Family Businessesandlt;BRandgt;andlt;BRandgt;4. "It's the Same Old Song"andlt;BRandgt;andlt;BRandgt;5. "We're One Big, Happy Family"andlt;BRandgt;andlt;BRandgt;6. "They May Have Become Adults, but They'll Always Be My Children"andlt;BRandgt;andlt;BRandgt;7. "You're Not Loyal to This Family If You Insist on Being Selfish"andlt;BRandgt;andlt;BRandgt;8. Father Knows Best?andlt;BRandgt;andlt;BRandgt;9. "Maybe It Will Go Away If We Ignore It"andlt;BRandgt;andlt;BRandgt;10. "Tell Me About Your Childhood"andlt;BRandgt;andlt;BRandgt;Part IIIandlt;BRandgt;andlt;BRandgt;Succession: A Battleground unto Itselfandlt;BRandgt;andlt;BRandgt;11. Certain Problems Are Inherent to Successionandlt;BRandgt;andlt;BRandgt;12. The Baggage Returns in Time for Successionandlt;BRandgt;andlt;BRandgt;13. Evolutionary Versus Revolutionary Successionandlt;BRandgt;andlt;BRandgt;14. Successful Successionandlt;BRandgt;andlt;BRandgt;Part IVandlt;BRandgt;andlt;BRandgt;It Comes with the Territory: Other Problems Inherent in Family Businessesandlt;BRandgt;andlt;BRandgt;15. They've Stayed Too Long at the Fair: Long-Tenured Managers and Employeesandlt;BRandgt;andlt;BRandgt;16. Interlopers, Consorts, and Other Undesirable Meddlersandlt;BRandgt;andlt;BRandgt;17. Baggage du Jourandlt;BRandgt;andlt;BRandgt;18. The American Dream Versus the Family Nightmareandlt;BRandgt;andlt;BRandgt;Part Vandlt;BRandgt;andlt;BRandgt;All Is Not Lost: Recommendations and Solutionsandlt;BRandgt;andlt;BRandgt;19. Create a Council of Advisorsandlt;BRandgt;20. Create a Strong Team to Run the Companyandlt;BRandgt;andlt;BRandgt;21. Develop a Strong Teamandlt;BRandgt;andlt;BRandgt;22. The Right Consultant Is Critical to Your Successandlt;BRandgt;andlt;BRandgt;23. Additional Sources of Expertiseandlt;BRandgt;andlt;BRandgt;24. Put It in Writingandlt;BRandgt;andlt;BRandgt;25. Final Thoughts