Few challenges demand more of a business owner than passing on the family business to the next generation. Family members' lifelong hopes, dreams, ambitions, relationships, even personal struggles with mortality--all figure into managing succession. 
This second edition of a 1992 classic reflects many more years' worth of knowledge gained in the study of family business. This edition identifies succession management problems and solutions for any family business CEO, whether the business is in its first or second or third generation, or beyond. This edition focuses not only on succession planning but more so on managing succession. Good succession management is like good strategic planning. Once the planning is completed, the real challenge and greatest value comes from keeping it current and implementing it. 
Family Business Succession: The Final Test of Greatness, 2nd edition helps break the complex succession planning and management process into understandable pieces. In its pages you'll learn: the different types of leadership transitions; how to overcome resistance to transferring power, as well as ideals for new roles, new careers and other post-retirement activities; five pieces for good management of the succession process; to prepare your business for succession; to prepare your family for a successful transition; develop effective successors; the process of choosing a successor; how to implement succession; how to avoid common post-succession mistakes and problems; and much more... 
Family Business Succession shows how to turn succession from a potentially explosive crisis into a renewed commitment to the business and the family. It is fast reading, filled with real-life cases, practical tips and 15 useful exhibits.

Family Business Succession: The Final Test of Greatness, Second Edition

Business & Money

Ward, John L.

Aronoff, Craig E.

McClure, Stephen L.

Management & Leadership

Business Owner Resources

Working for a Family Business: A Non-Family Employee's Guide to Success was written for the non-family employee. If you are a non-family employee who shoulders substantial responsibility or hold a position of considerable influence, this book is especially for you. This book, written by Christopher J. Eckrich, Ph.D. and Stephen L. McClure, Ph.D. will provide you with a greater understanding of the concept of "family business." Family businesses are unlike other companies, and you will learn how they differ and how those differences impact you and what you do. 
This title will help you gain insight into the business-owning family. You will discover some no-win traps to avoid, find tools and techniques for handling difficult situations and develop judgement about your ability to take on certain roles or intervene in sensitive family situations. This book will show you best how to serve the family and the business to insure the success of both. You will come to recognize the importance of seeing yourself as the family's partner. The more knowledge you have, the better position you'll be in to support the family in its difficult task of combining family and business. 
Working for a Family Business: A Non-Family Employee's Guide to Success, the newest title in the Family Business Leadership Series will provide you with the family business knowledge you need to be successful in your jab and career.

Working for a Family Business: A Non-Family Employee's Guide to Success

Eckrich, Christopher J.

Family Enterprise Publishers

See the best price to sell, buy, or rent books by McClure, Stephen L.. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by McClure, Stephen L.