The Two Sides of the Business Family

The book delves into the complexities of decision-making in family businesses, emphasizing the challenge of harmonizing family dynamics with business operations across generations. Drawing on a unique research project involving family managers from long-established German family businesses, it highlights a collaborative effort to explore governance structures and address twelve critical questions that impact their success. The authors stress that there are no definitive answers; instead, the focus is on guiding families to discover their own solutions while recognizing the distinct roles of family and business.