What you can learn from family business

By:

KACHANER, NOCOLAS

Material type:

Mixed materialsPublication details: 2012Description: 93-96NLM classification:

In: HARVARD BUSINESS REVIEWMSummary: The performance of family business looks very different from that of traditional public companies. During good economic times, family companies have slightly lower earnings, but during down-turns, they outperform their peers. What accounts for these countercyclical results? A focus on resilience- which influences seven strategic choices. While the family dynamic drives those choices, there is no reason that other companies can not copy them and in fact many businesses would benefit from managing themselves more like companies.

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Holdings
Item type	Current library	Call number	Vol info	Status	Date due	Barcode
Periodicals/Magazines	SSCBS Library		7/11	Available		P14597

The performance of family business looks very different from that of traditional public companies. During good economic times, family companies have slightly lower earnings, but during down-turns, they outperform their peers. What accounts for these countercyclical results? A focus on resilience- which influences seven strategic choices. While the family dynamic drives those choices, there is no reason that other companies can not copy them and in fact many businesses would benefit from managing themselves more like companies.

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