Managing Business Family Dynasties

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Focusing on the dynamics of dynastic business families, the book explores the unique challenges faced by these extensive family networks, often comprising over 50 members. Through a three-year study of seven German families, it identifies six key management areas essential for navigating their complexities. The research highlights a shift away from traditional family structures towards network-like configurations, influenced by evolving inheritance practices that lead to larger shareholder groups. This work offers valuable insights for the increasing number of business families today.