Table of Contents for "Keep the Family Baggage Out of the
Family Business: Avoiding the Seven Deadly Sins That Destroy Family Businesses"
What's Causing This Mess?
The Family System, the Business System, and the Accompanying Baggage
Chapter 1: Why You Need to Read This Book
Chapter 2: Systems and Baggage
Chapter 3: When Worlds Collide: The Family System Meets the Business System
We Have Seen the Enemy, and He Is Us:
The Seven Deadly Sins That Destroy Family Businesses
Part II presents a series of seven syndromes – the "Seven
Deadly Sins" – that occur when the family's baggage is allowed to
run rampant through their business. These syndromes are not presented in any
other book – they are the unique contribution that this book makes to the
knowledge of family businesses. Each chapter presents a separate syndrome
and its variations. A summary table is presented at the end of each chapter
as a quick reference tool.
Chapter 4: "It's the Same Old Song"
Chapter 5: "We're One Big, Happy Family"
Chapter 6: "They May Have Become Adults, but They'll Always Be My Children"
Chapter 7: "You're Not Loyal to This Family If You Insist on Being Selfish"
Chapter 8: Father Knows Best?
Chapter 9: "Maybe It Will Go Away If We Ignore It"
This chapter presents a syndrome that occurs when families fail to
address problems that will inevitably emerge with increasing intensity and
destructive potential, illustrating the three most common manifestations of
this syndrome. The first section presents the problems that arise when
siblings with deep-seeded conflicts work for their family's business and
make fighting with each other a priority. The second section discusses the
tendency to perceive succession as the first step in a process that
culminates with the parents' incapacity or death. The final section covers
the problems that result from not recognizing that a family member's
marriage has an impact upon the family's business.
Chapter 10: "Tell Me About Your Childhood"
Succession: A Battleground unto Itself
Chapter 11: Certain Problems Are Inherent to Succession
Chapter 12: The Baggage Returns in Time for Succession
Chapter 13: Evolutionary Versus Revolutionary Succession
Chapter 14: Successful Succession
It Comes with the Territory: Other Problems Inherent in Family Businesses
Chapter 15: They've Stayed Too Long at the Fair: Long-Tenured Managers and Employees
Chapter 16: Interlopers, Consorts, and Other Undesirable Meddlers
Chapter 17: Baggage du Jour
Chapter 18: The American Dream Versus the Family Nightmare
All Is Not Lost: Recommendations and Solutions
Chapter 19: Create a Council of Advisors
Chapter 20: Create a Strong Team to Run the Company
Chapter 21: Develop a Strong Team
Chapter 22: The Right Consultant Is Critical to Your Success
Chapter 23: Additional Sources of Expertise
Chapter 24: Put It in Writing
Chapter 25: Final Thoughts