From Mom-and-Pop to Ford, Family-Owned Businesses Dominate the World Economy

From small start-ups to giant multinationals, from the Mom-and-Pop owned barber shop to Ford, family owned businesses continue to dominate the world economy.

Regardless of size, running a successful family firm presents unique challenges, and many fail to survive the transition to the next generation. The book Strategic Planning for the Family Business: Parallel Planning to Unite the Family and Business is a practical, comprehensive guide to ensuring success through effective strategic planning.

The author, Randel Carlock, provides a wealth of tested, easy-to-follow tools and techniques for mastering strategic planning for family-owned firms. Filled with real world examples, case studies, checklists, and planning worksheets, the book shows how to deal with a host of emerging challenges — from new technologies and globalizing marketings — by integrating family values and dynamics into sound planning and management.