The Family Business Book
"The psychology, politics, and power plays behind family business."
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The Family Business Book
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Stephen Bray
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The Family Business Book
A twelve-step guide to surviving succession, power struggles, and staying sane.
Third Edition — Fully Updated for the Post-COVID and AI Era
Every business starts with a family.
Even the largest companies began with a founder, a kitchen table, and a dream.
But what happens when that family grows? When the children come of age—or refuse to? When power shifts from one generation to the next, often without a plan?
In this newly updated edition, The Family Business Book offers a practical and psychologically informed roadmap for navigating the emotional complexity of family-run enterprises. Whether you're planning a succession, stuck in a silent standoff between siblings, or wondering how artificial intelligence and post-COVID realities are changing what leadership looks like, this book helps you find clarity.
Built around twelve practical steps, it combines real-world business insights with a rare understanding of human dynamics. You’ll learn how to lead without dominating, how to prepare heirs without stifling them, and how to keep both the company—and the family—alive.
Ideal for founders, successors, consultants, and anyone caught in the middle of a family business transition.