tailieunhanh - Lecture Patterns of entrepreneurship management (5th edition) - Chapter 14: Special topic: Family businesses

The contents of this chapter include all of the following: Economic importance, system theory and categories, challenges, governance structures, unique family contributions, reputational capital in the market. | Copyright 2015 Jack M. Kaplan, Isabel C. Botero and Anthony C. Warren Special Topic: Family Businesses Patterns of Entrepreneurship Management 5th Edition, Chapter 14 Family Businesses – Different and Important Chapter 14 Background Subsystems Challenges Governance Family Capital Reputation Presentation Outline Economic Importance System Theory and Categories Challenges - Succession Planning/Hiring - Building a Legacy - Professionalization - Family Dynamics - Funding Governance Structures Unique Family Contributions Reputational Capital in the Market Copyright 2015 Jack M. Kaplan, Isabel C. Botero and Anthony C. Warren Chapter 14 Background Subsystems Challenges Governance Family Capital Reputation Copyright 2015 Jack M. Kaplan, Isabel C. Botero and Anthony C. Warren Global Economic Relevance Sample Data Country % of Family Businesses % of Workforce Employed % of Stock Market GNP GDP Belgium 70-80 55% Brasil 90 65% Canada 45 50 45% China 90 Finland . | Copyright 2015 Jack M. Kaplan, Isabel C. Botero and Anthony C. Warren Special Topic: Family Businesses Patterns of Entrepreneurship Management 5th Edition, Chapter 14 Family Businesses – Different and Important Chapter 14 Background Subsystems Challenges Governance Family Capital Reputation Presentation Outline Economic Importance System Theory and Categories Challenges - Succession Planning/Hiring - Building a Legacy - Professionalization - Family Dynamics - Funding Governance Structures Unique Family Contributions Reputational Capital in the Market Copyright 2015 Jack M. Kaplan, Isabel C. Botero and Anthony C. Warren Chapter 14 Background Subsystems Challenges Governance Family Capital Reputation Copyright 2015 Jack M. Kaplan, Isabel C. Botero and Anthony C. Warren Global Economic Relevance Sample Data Country % of Family Businesses % of Workforce Employed % of Stock Market GNP GDP Belgium 70-80 55% Brasil 90 65% Canada 45 50 45% China 90 Finland 80-90 40-45 40% France 60 40-50 >60% Germany 60-80 50-60 55% Greece 80 India 95 75 65% Italy 73 50-70 Japan 95 75 42 Mexico 95 46 Netherlands 74 40 54% Poland 50-80 35% Singapore 80-90 South Africa 80 Spain 75 65% 65% Sweden 80 Turkey 90 United Kingdom 65 >50 40% USA 80-90 60 60 40% 49% Chapter 14 Background Subsystems Challenges Governance Family Capital Reputation Copyright 2015 Jack M. Kaplan, Isabel C. Botero and Anthony C. Warren Family Business Characteristics Ownership and control of the organization are firmly intertwined with a family system. Family members are involved in the strategic directions of the firm and/or day-to-day decision-making. These firms are shaped by a dynastic motive and plan for multi-generation involvement and leadership. Chapter 14 Background Subsystems Challenges Governance Family Capital Reputation Copyright 2015 Jack M. Kaplan, Isabel C. Botero and Anthony C. .