Myths and Mortals: Family Business Leadership and Succession Planning (Wiley Finance)

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9781118928967: Myths and Mortals: Family Business Leadership and Succession Planning (Wiley Finance)

Establish credibility as the new family business leader

Myths & Mortals, Family Business Leadership and Succession Planning provides insights and strategies for successors of family businesses.  Successors often find themselves in the shadow of their parents making it difficult to establish credibility in the family business and tap into their own strengths. The stress of emulating a parent begins to clash with who they are and who they want to be as a leader. 

Written by internationally known business strategist and succession planning expert Andrew Keyt, this guide shows you how to establish credibility, take your place at the head of the table, and run your business your way. In groundbreaking research, Keyt interviewed more than 25 successors of family business legends including Massimo Ferragamo, Bill Wrigley Jr., Christie Hefner, and John Tyson to find out how they overcame the challenges successors commonly face.The analysis from that study formed the basis for the strategies presented here—to help you win the loyalty of those stuck in the old way of doing business, and still focused on their former leader's vision. You'll learn how to take charge without sacrificing your own leadership style, and how to get everyone on board with your vision for the business.

Growing up in the shadow of legendary family business leaders creates a unique challenge for successors to the leadership position. You cannot remove the emotional power of family dynamics from the business, but you can change how you choose to react to it. To be successful, you need to create a sense of identity and credibility, and step out of the shadows of your forbears. This guide provides strategies for doing just that, so you can take the reins and be the effective leader your business needs.

  • Overcome the obstacles successors commonly face
  • Win over those still loyal to their former leader
  • Build your own credibility, separate from your parents
  • Develop your own leadership style and do business your way

 Credibility is elemental to business leadership, but establishing that credibility is the successor's biggest challenge. Myths & Mortals, Family Business Leadership and Succession Planning helps you plan around the obstacles and avoid common missteps so you can lead more effectively right out of the gate.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

From the Inside Flap :

Establishing yourself as a leader, developing credibility, and building authenticity is a challenge for any new leader. This challenge is amplified for family business successors growing up in the shadow of legendary leaders. Myths & Mortals analyzes the tried and true strategies for success employed by some of the world's most well-known successors through interviews with Bill Wrigley Jr. (The Wrigley Companies), Christie Hefner (Playboy), Massimo Ferragamo (Salvatore Ferragamo), John Tyson (Tyson Foods), Pierre-Emmanuel Taittinger (Taittinger Champagne), and many more.

Credibility is a virtually unmatched commodity in business. This is particularly noteworthy when a family-owned business transitions to the next generation of leadership. The magnitude of success and "greatness" creates the shadow and makes it difficult for a family business successor to live up to the enormity of their parent. Credibility is absolutely critical, but it can be difficult to obtain because of opinions and assumptions of the new leader being unable to measure up to their predecessor or their inability to unlock the balance between honoring the past and forging a "way forward" that is true to the new leader's voice, vision, and style.

Myths & Mortals offers potential heirs to familyrun businesses, small business owners, business leaders, entrepreneurs, and wealth managers, among others, a deep dive into succession and leadership strategies and practices that can have a huge impact on the company's success and legacy of the family. The key is to create a sense of renewal and to balance leading with fresh, unique ideas, while honoring the principles of past success. Written by Andrew Keyt—internationally known business strategist and succession planning expert—the book outlines approaches to identify the realities of the parent's business approach, assert oneself into the existing legacy, push the limits of the company to address changing trends in effective leadership, and chart one's own course to take the business into the future. This is no easy process, and a one-size-fits-all approach or solution simply doesn't exist.

Myths & Mortals explores relevant and critical topics such as earning one's own reputation, the importance of continual growth and development, successful leadership mindsets, leading with authenticity, living your values, and the valuable learning experiences born from failures and mistakes.

Virtually any reader will be able to relate to the challenges of establishing one's own credibility, identity, and confidence in the business world. Readers will benefit from the experiences of other leaders like them, who created effective visions and employed authentic leadership to bravely usher their family businesses to new heights.

From the Back Cover :

PRAISE FOR MYTHS & MORTALS

"I can't think of anything more important to a family business than legacy planning. We're going through that process right now and have found Andrew Keyt's book Myths & Mortals to be very helpful. Read it—it will help you in your family business, too."
—Ken Blanchard, co-author of The New One Minute Manager® and Leading at a Higher Level

"Fascinating book filled with insights, lessons, and stories about what it's like to earn credibility and find your identity. I would recommend this to any business leader. The research and advice in this book is invaluable to all leaders of family-owned businesses."
—Ori Brafman, New York Times bestselling author of the books Click and Sway

"The nature of leadership generally, and particularly the process of succession to leadership, has been a perennial question for students of families, tribes, nations, and empires since the advent of writing. Andrew Keyt is the next serious author to add to the world's knowledge on these subjects and specifically to these issues in family businesses in his book Myths & Mortals."
—James (Jay) E. Hughes, Jr, author of Family Wealth—Keeping it in the Family and co-author of The Voice of the Rising Generation: Family Wealth and Wisdom

"Myths & Mortals speaks to the core issues facing successors to family businesses and defines a path to step out of the shadows of the family mythology. Andrew Keyt recounts both the successes and failures of storied next generation family business leaders as they navigate 'the Successor's Curse.' This work should be required reading for all current and future leaders of family-owned businesses who want to ensure the success of their family and its business for many generations."
—Kathryn M. McCarthy, Family Wealth Advisor and Director of the Rockefeller Trust Company, NA

"Andrew's book is full of powerful insight and lessons to help generations of family business owners be successful."
—Mac Anderson, Founder of Successories and Simple Truths and author or co-author of 22 books that have sold over 3 million copies

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Description du livre John Wiley Sons Inc, United States, 2015. Hardback. État : New. 1. Auflage. Language: English . Brand New Book. Establish credibility as the new family business leader Myths Mortals, Family Business Leadership and Succession Planning provides insights and strategies for successors of family businesses. Successors often find themselves in the shadow of their parents making it difficult to establish credibility in the family business and tap into their own strengths. The stress of emulating a parent begins to clash with who they are and who they want to be as a leader. Written by internationally known business strategist and succession planning expert Andrew Keyt, this guide shows you how to establish credibility, take your place at the head of the table, and run your business your way. In groundbreaking research, Keyt interviewed more than 25 successors of family business legends including Massimo Ferragamo, Bill Wrigley Jr., Christie Hefner, and John Tyson to find out how they overcame the challenges successors commonly face.The analysis from that study formed the basis for the strategies presented here to help you win the loyalty of those stuck in the old way of doing business, and still focused on their former leader s vision. You ll learn how to take charge without sacrificing your own leadership style, and how to get everyone on board with your vision for the business. Growing up in the shadow of legendary family business leaders creates a unique challenge for successors to the leadership position. You cannot remove the emotional power of family dynamics from the business, but you can change how you choose to react to it. To be successful, you need to create a sense of identity and credibility, and step out of the shadows of your forbears. This guide provides strategies for doing just that, so you can take the reins and be the effective leader your business needs. * Overcome the obstacles successors commonly face * Win over those still loyal to their former leader * Build your own credibility, separate from your parents * Develop your own leadership style and do business your way Credibility is elemental to business leadership, but establishing that credibility is the successor s biggest challenge. Myths Mortals, Family Business Leadership and Succession Planning helps you plan around the obstacles and avoid common missteps so you can lead more effectively right out of the gate. N° de réf. du libraire AAH9781118928967

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Description du livre John Wiley Sons Inc, United States, 2015. Hardback. État : New. 1. Auflage. Language: English . Brand New Book. Establish credibility as the new family business leader Myths Mortals, Family Business Leadership and Succession Planning provides insights and strategies for successors of family businesses. Successors often find themselves in the shadow of their parents making it difficult to establish credibility in the family business and tap into their own strengths. The stress of emulating a parent begins to clash with who they are and who they want to be as a leader. Written by internationally known business strategist and succession planning expert Andrew Keyt, this guide shows you how to establish credibility, take your place at the head of the table, and run your business your way. In groundbreaking research, Keyt interviewed more than 25 successors of family business legends including Massimo Ferragamo, Bill Wrigley Jr., Christie Hefner, and John Tyson to find out how they overcame the challenges successors commonly face.The analysis from that study formed the basis for the strategies presented here to help you win the loyalty of those stuck in the old way of doing business, and still focused on their former leader s vision. You ll learn how to take charge without sacrificing your own leadership style, and how to get everyone on board with your vision for the business. Growing up in the shadow of legendary family business leaders creates a unique challenge for successors to the leadership position. You cannot remove the emotional power of family dynamics from the business, but you can change how you choose to react to it. To be successful, you need to create a sense of identity and credibility, and step out of the shadows of your forbears. This guide provides strategies for doing just that, so you can take the reins and be the effective leader your business needs. * Overcome the obstacles successors commonly face * Win over those still loyal to their former leader * Build your own credibility, separate from your parents * Develop your own leadership style and do business your way Credibility is elemental to business leadership, but establishing that credibility is the successor s biggest challenge. Myths Mortals, Family Business Leadership and Succession Planning helps you plan around the obstacles and avoid common missteps so you can lead more effectively right out of the gate. N° de réf. du libraire AAH9781118928967

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Description du livre John Wiley & Sons Inc. Hardback. État : new. BRAND NEW, Myths and Mortals: Family Business Leadership and Succession Planning, Andrew Keyt, Establish credibility as the new family business leader Myths & Mortals, Family Business Leadership and Succession Planning provides insights and strategies for successors of family businesses. Successors often find themselves in the shadow of their parents making it difficult to establish credibility in the family business and tap into their own strengths. The stress of emulating a parent begins to clash with who they are and who they want to be as a leader. Written by internationally known business strategist and succession planning expert Andrew Keyt, this guide shows you how to establish credibility, take your place at the head of the table, and run your business your way. In groundbreaking research, Keyt interviewed more than 25 successors of family business legends including Massimo Ferragamo, Bill Wrigley Jr., Christie Hefner, and John Tyson to find out how they overcame the challenges successors commonly face.The analysis from that study formed the basis for the strategies presented here to help you win the loyalty of those stuck in the old way of doing business, and still focused on their former leader's vision. You'll learn how to take charge without sacrificing your own leadership style, and how to get everyone on board with your vision for the business. Growing up in the shadow of legendary family business leaders creates a unique challenge for successors to the leadership position. You cannot remove the emotional power of family dynamics from the business, but you can change how you choose to react to it. To be successful, you need to create a sense of identity and credibility, and step out of the shadows of your forbears. This guide provides strategies for doing just that, so you can take the reins and be the effective leader your business needs. * Overcome the obstacles successors commonly face * Win over those still loyal to their former leader * Build your own credibility, separate from your parents * Develop your own leadership style and do business your way Credibility is elemental to business leadership, but establishing that credibility is the successor's biggest challenge. Myths & Mortals, Family Business Leadership and Succession Planning helps you plan around the obstacles and avoid common missteps so you can lead more effectively right out of the gate. N° de réf. du libraire B9781118928967

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