Managing for the Long Run

Lessons in Competitive Advantage from Great Family Businesses

Daniel Miller, Isabelle Le Breton-Miller

615 pages, parution le 18/02/2005

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Résumé

Fidelity, Hallmark, Michelin, and Wal-Mart are renowned industry powerhouses with long leadership track records. Yet, these celebrated companies are united by another factor not generally equated with competitive success: They are all family-controlled businesses. Although many view the hallmarks of family businesses--stable strategies, clan cultures, and unencumbered family ownership--as weaknesses, Danny Miller and Isabelle Le Breton-Miller argue that it is these very characteristics that create formidable competitive advantages for many such firms.

Managing for the Long Run draws from a worldwide study of enduring, family-run organizations--including Cargill, Timken, L.L. Bean, The New York Times, and IKEA--to reveal their unconventional success strategies and how these strategies can be adopted by and applied to any organization. Miller and Le Breton-Miller show how four driving passions of family-run firms--command, continuity, community, and connection--give rise to a set of practices that defy modern management thinking yet ensure a company's long-term competitive advantage. Outlining how these practices can enhance strategic efforts from operations to brand leadership to innovation, this book shows what every company must do to manage for the long run.

Danny Miller is a professor of strategy at HEC Montreal and Chair of Family Enterprise & Strategy at the University of Alberta. Isabelle Le Breton-Miller is a human resources consultant and senior research associate at the Center for Entrepreneurship and Family Enterprise at the University of Alberta.

L'auteur - Daniel Miller

Daniel Miller is a middleware specialist and instructor with Level 8 Systems. Daniel teaches the MSMQ curriculum and assists Level 8's customers with the implementation of industry-standard middleware products, such as MSMO, MQSerles, and Level 8s Falcon MQ.

Sommaire

Introduction: In Search of Long-Term Winners
What Distinguishes Great Family Businesses? Potent Priorities at the Great Family-Controlled Businesses
Brand Builders
Craftsmen
Operators
Innovators
Deal Makers
When Family-Controlled Businesses Stumble
Managing for the Long Run
A. Descrption of the Research
B. Assesment Grid and Checklist

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Caractéristiques techniques

	PAPIER
Éditeur(s)	Harvard Business School Press (HBS)
Auteur(s)	Daniel Miller, Isabelle Le Breton-Miller
Parution	18/02/2005
Nb. de pages	615
Format	16 x 24
Couverture	Relié
Poids	310g
Intérieur	Noir et Blanc
EAN13	9781591394150
ISBN13	978-1-591-39415-0