SUCCESS
& SURVIVAL
IN THE
FAMILY-OWNED
BUSINESS
Hardback book with Dust Jacket by Pat B. Alcorn
Over 250 pages
Copyright © 1982 by McGraw-Hill, Inc.
" Despite the number of business failures each year, the message
Success and Survival in the Family-Owned Business brings you is that
entrepreneurial and family-owned enterprises are alive and thriving
today- and may well prove to be the business wave of the future ! "
" Here you'll find the family-owned business covered from A to Z-
its strengths ... its weaknesses ... its problem areas ...
and how to make it succeed.
And numerous case histories- featuring such companies as American Can,
Oscar Mayer, and Great Lakes Paper, and individuals like Henry Ford,
Howard Deering Johnson, and Cyrus McCormick-
make the book as interesting as it is informative. "
" About 98 percent of all U.S. corporations are privately owned and operated, and the
majority of these are family-owned business- with all the emotions, ties,
complications, frictions, and sensitivities common to families mixed inextricably
with regular business issues and practices.
Yet despite this prevalence of family enterprises, only a handful of the hundreds of
business management books now in print address these particular operations or
attempt to deal with their unique problems. "
" Here at last is a timely, comprehensive, detailed work that thoroughly studies the
family-owned business- and all the joys, dreams, pride, sweat, and tears that go into
it- whether it's a firm, farm, or factory, a huge multinational corporation or a Mom
and Pop corner store. "
" Right at the start the book points out that although family plus business is a
volatile mixture- and an economic form not easily understood or accommodated in the
modern business world- one should not jump to the conclusion that family-owned operations
are always beset by troubles while other business entities get by friction-free.
Rather, it shows that the family enterprise is often stronger and more successful because
of close family loyalty and support.
Moreover, the book provides evidence that enables family business operators to recognize
that many of their business problems also exist in other family operations- and it
provides practical help and encouragement toward solving them. "
" Recognizing that business decisions in family operations are seldom based solely on
profit and loss- and that advancement and opportunity within the enterprise are usually
more accessible to family members than to outsiders- the book takes a close, realistic
look at a variety of family-owned businesses of all kinds and sizes.
It presents numerous case histories and examples, including such well-known firms as
Howard Johnson, Neiman-Marcus, Pillsbury, Mars, American Can, Ford, Oscar Mayer, and the
Los Angeles Rams and famous entrepreneurs like Rockefeller and McCormick.
And it traces the history of family in business from the Jeffersonian Ideal to
Horatio Alger as he survives today. "
" Among the topics treated in detail are:
When- and why- nepotism can be beneficial.
Where the entrepreneurs who build family business come from ...
their talents, abilities, and ambitions ...
what drives them.
How the American extended family largely survives today in the form of the
family-owned business
Making the transition from entrepreneur to manager.
Succession problems- and ways to handle them.
When experience is the worst teacher.
Is the family business an endangered species ? "
" From statistics on the industries in which small family businesses are concentrated-
to special tests readers can take to measure their ability to succeed as entrepreneurs
and operators of family-owned enterprises- Success and Survival in the Family-Owned
Business provides today's most thorough, in-depth coverage of this vital and
often emotionally charged area. "
Contents include:
" Preface
1. The Rise and Fall of the Home and Empire
2. Putting the Family-Owned Business in Its Place
3. What the Family-Owned Business is Doing in a Place like This
4. Evolution of the Entrepreneur
5. Marriages, "Mistresses," and Managers
6. Dodging Chips off the Old Block
7. Letting the Son Shine In
8. Succession Rears Its Ugly Head
9. When the Business Outlives the Owner
10. Some Unsung Heroes
11. Making It
Index "
There is an inscription on the first page that is apparently signed by the author,
but we are not the original owner, so we cannot guarantee that it is authentic.
The book is in very nice condition with minor wear.
The dust jacket, however, has wear and tear to the edges.
There is an address label taped on the first page.
No torn or ripped pages.
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