Entrepreneurial Transitions in Family Business
Entrepreneurial Transitions in Family Business: Organic Model, Governance and Succession
by Dr Simon O’LEARY, Chris SWAFFIN-SMITH, Dr Rebecca FAKOUSSA
Family business is one of the earliest forms of economic organisation and is still the most common form of commercial entity in the world, fulfilling roles across the spectrum of business and organisational activities, ranging from craft specialists, to local mobile food outlets, to online traders, to corner shops, to market sector suppliers, to internationally branded multinationals. Starting up, developing and maintaining such initiatives requires a dedicated entrepreneurial spirit and a range of management skills, as well as periodic episodes of good timing and targeting. Since the advent of mechanisation and industrialisation, larger organisations and publicly-listed companies have often been viewed as the measure of economic sustainability, in part because collecting information on such groups is relatively more straightforward than doing the same for the many hundreds of thousands of smaller family firms, sole traders and entrepreneurs. This book aims to reinforce the importance of family businesses and to highlight the challenges they face as they evolve.
- Chapter 1: Family business in context
- Chapter 2: Illustrative family businesses
- Chapter 3: The evolution of a family firm
- Chapter 4: Formality and governance
- Chapter 5: Succession and balancing family with business
- Final Words
ABOUT THE AUTHORS:
Dr Simon O’LEARY is a Principal Lecturer at Regent’s University London, UK, with an academic focus on entrepreneurship, family business and graduate employability.
Chris SWAFFIN-SMITH is a non-executive Director of, and advisor to, family firms worldwide. He is also a visiting academic at Regent’s University London, UK.
Dr Rebecca FAKOUSSA is a Senior Lecturer in entrepreneurship in the Faculty of Business & Law at the University of Northampton, UK.
CREDITS: Cover Design: Gizem Cakir
Publisher: Transnational Press London
Published: 06 October 2017
Interior Ink: Colour
Weight (approx.): 0.27 kg
Dimensions (approx.): 15.6cm wide x 23.39cm tall