Managing Business Family Dynasties

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.