Continuity model generation : integrating wealth, strategy, talent, and governance plans / Justin B. Craig.

Format:

Book

Author/Creator:

Craig, Justin B, author.

Language:

English

Subjects (All):

Family-owned business enterprises.

Business planning.

Strategic planning.

Physical Description:

1 online resource (271 pages)

Place of Publication:

Hoboken, New Jersey : Wiley, [2022]

Summary:

"There are several approaches that incumbent family business leaders can adapt and adopt to ensure they hold their mantle as the premier proponents of continuity and increase the chances of sustaining across generations, but the solution lies in the commitment to the development and implementation of four independent but interdependent plans. The Continuity Canvas is built around four fundamental plans: (1) the strategic plan, (2) the wealth, estate and asset plan, (3) the talent development plan, and (4) the governance plan. However, author Justin Craig believes that while it is important to have these four plans in place, there is also a need to have a plan for the plans. Craig's unique and in-depth look at each plan--and plan for the plans--will provide much needed accountability in the family, ownership, and business systems that make up the complex world that is the landscape for business owning families"-- Provided by publisher.

Contents:

Cover

Title Page

Copyright Page

Contents

List of Illustrations

List of Illustrated Tables

List of Configuration Plans

Acknowledgments and Appreciation

Introduction to the Continuity Model Generation

Part I 21 Frameworks and 6 Meta-Frameworks

Keystone Meta-Framework

Four Foundational Theoretical Approaches

Two Complementary Logics

Three Circles Framework

Familial Meta-Framework

The Big Tent Framework

RIPCC Best Practice Dimensions

Four Ps Framework

Four Cs Framework

Individual Meta-Framework

Five Servant Leadership Dimensions

Four Tests Framework

Four Leadership Priorities

Four Exit Strategies

Generational Meta-Framework

Four Ls Framework

Four Ownership Stages

Four Entrepreneurship Principles

Tactical Meta-Framework

Family Enterprise Heterogeneity Frameworks

Four Rs Framework

Four Strategy Dimensions Framework

Fundamental Meta-Framework

Four Trust Dimensions

Five-Stage Life Cycle Framework

Church and State Framework

Four Innovation Capabilities

Part II The Continuity Canvas

Strategy: Strategic Planning for Continuity

Strategic Planning for Continuity I: Collecting and Collating Basic Information

Strategic Planning for Continuity II: Cornerstone Concept Equals a Quadruple-Bottom-Line Scorecard

Financial Perspective

Social Perspective

Environmental Perspective

Talent Perspective

Talent: Successors' Talent Development Planning for Continuity

Successors' Talent Development Planning for Continuity I: Collecting and Collating Basic Information

Successors' Talent Development Planning for Continuity II: Cornerstone Concept Equals Develop an Informed Individual Philosophy of Stewardship

Values - History - Legacy

Financial Literacy and Value Creation

Governance Role Preparation

Individual Development.

Wealth: Asset, Wealth, and Estate Planning for Continuity

Asset, Wealth and Estate Planning for Continuity I: Collecting and Collating Basic Information

Asset, Wealth, and Estate Planning for Continuity II: Cornerstone Concept Equals Produce a Handwritten Individual Legacy Statement

Governance: Governance Planning for Continuity

Governance Planning for Continuity I: Collecting and Collating Basic information

Governance Planning for Continuity II: Cornerstone Concept Equals Craft the Family's Governance Philosophy

Business Governance

Family Governance

Ownership Governance

The Foundation

Part III Configuring a Plan for the Plans

Configuration Plan One

Configuration Plan Two

Configuration Plan Three

Configuration Plan Four

Part IV Appendix

Educating Educators

A Program Example

Part One: Frameworks and Meta-Frameworks

Part Two: Four Plans and Cornerstone Concepts for Continuity

Part Three: Presenting Configuration Examples

Part Four: Developing Your Own Continuity Canvas and Cornerstone Concepts

References and Further Readings

References

Further Readings

Index

EULA.

Notes:

Description based on print version record.

Includes bibliographical references and index.

ISBN:

9781119759355

1119759358

9781119759294

1119759293

OCLC:

1281958235