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1

WORLD CLASS FAMILY BUSINESS

Author : Susanto, A.B.
Publisher : Quantum (Mizan Grup)
Year : 2005

It’s not impossible for a family owned company to become large and world class. For examples: IBM, P&G, Wal Mart, and many more. These can be achieved through accurate strategies. A small family business can advance into world Class Company.

This starts from the company ability in handling the internal issues which linked to one another, such as: leadership, conflict, succession, competency, transparency, compensation, and organization culture. Unfinished issues would lead to family owned company collapse. Which leads to the myth “First generation build it, second generation reap benefit from it, and third generation destroy it “

To avoid those myths, this book is exploring and reserving the recommended program to manage all the upcoming critical issues. Completed with survey, this book is recommended for founder, owner, offspring and professional who have worked for the family business.

Family business can be able to stand up through generations, and also able to transform their company into World Class Family Business.