Understanding family firms : case studies on the management of crises, uncertainty and change

X, 102 S.

graph. Darst.

Introduction. Background on the Cases ; Managing Crisis, Uncertainty, and Change.Reading a Family Business Case. About Case Types. -- Case One: Today's Paint and Body -- Different Views of Finding a New President. Introduction ; Chronology of Events ; Individual Perceptions of Family and Management. -- Case Two: Neptune Enterprises -- Dealing with Loss, Turmoil, and Technology Change. Rough Seas Ahead? ; The Neptune Adventure: Setting Sail ; New Product Development ; Tragedy Strikes ; A Wise Alternative? ; Calling in the Coast Guard ; Clear Sailing: For a While ; Changing Tides in Education Publishing ; Rip Tides at Neptune ; Exhibit. -- Case Three: Michael Window & Shutter Company -- Disputes in Running the Family Firm. Introduction ; The Family and the Family Trade ; Birth of the Family Business ; The Early Years ; The Company Expands ; Current Situation. -- Case Four: Barton Springs -- When Family Members Leave the Business. Introduction ; Background ; The Products ; The Industry ; Competition ; Personalities: First and Second Generations ; Personalities: The Third Generation ; Thinking Succession. -- Case Five: Ocean Safari -- A Choice of Staying in Business. Prologue ; Family History ; Entering the Diving Industry ; Industry Overview ; The Family's Involvement ; Change in Ownership ; Ocean Safari's Birth ; Instruction Becomes a Value Added Service ; Family Business Developments ; Terror Affects the Industry ; A Decision to Be Made ; The Result. -- Case Six: Siam Chemical -- A Father's Dilemma. Introduction ; Prologue ; History of Founder and the Firm ; Shirley, the Woman Behind the Founder ; Dana, the First Child ; Nancy, the Pseudo-Son ; Catherine, the Black Sheep ; Jennifer, the Little One ; Leon's Dilemma. -- Case Seven: Marina Cove Ltd. and the Guthrie Family. Preface to Case ; Part I: When Family Members Do Not Make Good Employees ; Part II: Terminating Family Employees. -- Case Eight: Lennar Homes -- Surviving Death and Recession. Introduction ; Overview: Corporate Strategy ; Management and Operating Structure ; Competitive Advantages ; Market Conditions ; Industry Outlook ; Family ; Planning for Succession ; Management Style ; Next Generation ; Conclusion ; History ; Exhibit 1 ; Exhibit 2.

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