{"product_id":"family-capitalism-1","title":"Family Capitalism","description":"\u003cp\u003eIn most countries family businesses make up between 50 - 95% of business entities. Families control 30% of the Fortune 500 companies. These owners and their businesses are often an important part of the social fabric in local communities, and increasingly the international economy. Despite this, \u003ci\u003eFamily Capitalism\u003c\/i\u003e, or ownership, has been seen as synonymous with stagnation, conflict and crises. The authors focus on how family owners avoids these pitfalls, and how emotional resources develop strategizing capacities. \u003c\/p\u003e\u003cp\u003eThe book explores how successful family businesses innovate and create \u003ci\u003eVisionary\u003c\/i\u003e \u003ci\u003eOwnership, \u003c\/i\u003eand implement it. Two crucial leadership capacities are introduced; \u003ci\u003eLeadership of Paradox\u003c\/i\u003e and \u003ci\u003eDistributed Leadership\u003c\/i\u003e. \u003c\/p\u003e\u003cp\u003eA renewed understanding of family businesses show how the family can generate unique strategic advantages in stewardship, succession, long-term thinking, risk management and building social capital. It shows a different perspective regarding value creation in the economy. The book provides new insights for family owners, advisors, leaders as well as scholars.\u003c\/p\u003e\u003cp\u003eThe findings are from a best-practice research project with cases from China, USA, Germany, Colombia, Israel, Tanzania, France and Sweden. Applying strategy-as-practice theory shows how family owners, across different cultures and sectors, use generic ownership strategies and experiment, such as with cluster ownership and creating new ventures in succession. \u003c\/p\u003e","brand":"Taylor \u0026 Francis Ltd","offers":[{"title":"Default Title","offer_id":54243721249112,"sku":"9781138214521","price":192.2,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0278\/1295\/4195\/files\/9781138214521_e3c9b728-c476-4c64-8eed-37847fa1aed2.jpg?v=1777707938","url":"https:\/\/agendabookshop.com\/products\/family-capitalism-1","provider":"Agenda Bookshop","version":"1.0","type":"link"}