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Megatrends in family business

The past decade has brought changes in our understanding of family businesses. This article identifies 10 megatrends, which are evolving changes fundamental to understanding and working with family businesses. Identified trends include focusing on generational transitions rather than business succe...

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Bibliographic Details
Main Author: Aronoff, Craig E
Format: Article
Language:English
Published: 1998
LEADER 01026nab a22001217a 4500
008 160615b1998 xxu||||| |||| 00| 0 eng d
100 |a Aronoff, Craig E 
245 |a Megatrends in family business  |c Aronoff, Craig E. 
260 |c 1998 
300 |a 181 - 185 
520 |a The past decade has brought changes in our understanding of family businesses. This article identifies 10 megatrends, which are evolving changes fundamental to understanding and working with family businesses. Identified trends include focusing on generational transitions rather than business succession; team management and ownership as a developing norm; the increasing importance of strategic planning in family business; increasing financial sophistication; increasing managerial professionalism; refining retirement; expanding roles for women; increasing sensitivity of professional service providers to family business; and increasing availability and quality of family business education and consulting. 
773 |a Family Business Review  |d Sep 
999 |c 43585  |d 43585