Overview
- Provides deep insights into the solution strategies for big family management in Germany
- Highlights the central questions in managing medium to large shareholder groups of family businesses
- Follows a structured approach in addressing issues such as shareholder management, succession, among others
Part of the book series: Management for Professionals (MANAGPROF)
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Table of contents (9 chapters)
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Front Matter
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Back Matter
Keywords
About this book
This book deals with dynastic business families. Such families are characterized by a circle of owners comprising more than 50 family members, which typically face specific issues and challenges for which there has been little research knowledge and practical approaches until now. The book presents results and findings from a special research project on “big family management” where 7 representatives of dynastic families from Germany were studied over a 3-year period. The result was the identification of six topic areas that management in these business families has to deal with. At the same time, the study observes that dynastic business families hardly follow the logic of classic families anymore, but can rather be understood as networks with common family backgrounds. The study also reveals that a large number of business families are heading for large shareholder groups due to changed inheritance practices. The contents outlined here provide an orientation framework for the growing business family.
Authors and Affiliations
About the authors
Prof. Tom A. Rüsen is the managing director of the Witten Institute for Family Business (WIFU) at Witten/Herdecke University (Germany) and serves as the CEO of the WIFU-Foundation. He is also an honorary professor and project initiator of the "Big Family Management" research project. The WIFU is a leading research institute in the field of family businesses in Europe and has unique access to practice through which current issues in family businesses and business families can be identified and researched.
Prof. Heiko Kleve is the academic director of WIFU and holder of the WIFU-Foundation Endowed Chair for Organisation and Development of Business Families at the Witten/Herdecke University (Germany). He is a project participant in the "Big Family Management" research project.
Prof. Arist von Schlippe is the former academic director of WIFU and holder of the WIFU-Foundation Endowed Chair for Leadership and Dynamics in Family Businesses at Witten/Herdecke University (Germany). He is a project participant in the "Big Family Management" research project.
Bibliographic Information
Book Title: Managing Business Family Dynasties
Book Subtitle: Between Family, Organisation, and Network
Authors: Tom A. Rüsen, Heiko Kleve, Arist von Schlippe
Series Title: Management for Professionals
DOI: https://doi.org/10.1007/978-3-030-82619-2
Publisher: Springer Cham
eBook Packages: Business and Management, Business and Management (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2021
Hardcover ISBN: 978-3-030-82618-5Published: 16 October 2021
Softcover ISBN: 978-3-030-82621-5Published: 16 October 2022
eBook ISBN: 978-3-030-82619-2Published: 15 October 2021
Series ISSN: 2192-8096
Series E-ISSN: 2192-810X
Edition Number: 1
Number of Pages: XXIII, 124
Number of Illustrations: 17 b/w illustrations
Topics: Family Business, Organization, Business Strategy/Leadership