Continuity Model Generation
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Continuity Model Generation: Integrating Wealth, Strategy, Talent, and Governance Plans

Continuity Model Generation: Integrating Wealth, Strategy, Talent, and Governance Plans


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About the Book

Organize and plan for your family business’s continued, intergenerational success Continuity Model Generation: Integrating Wealth, Strategy, Talent, and Governance Plans delivers a cohesive and comprehensive plan for family business leaders who seek to improve the chances of sustaining success across generations. Incorporating four distinct—but closely related—plans, Continuity Model Generation shows family businesses how to manage their strategy, their wealth, their talent, and their governance to achieve multi-generational success. The book also offers: A coherent framework (Continuity Canvas) for the integration of its multiple plans affecting every critical aspect of the family-owned or controlled business Straightforward and practical frameworks, meta-frameworks, and cornerstones to ground your family business’s strategy A variety of templates, checklists, and forms to organize your thinking and strategy Ideal for business-owning families, as well as their stakeholders and those who advise them, Continuity Model Generation: Integrating Wealth, Strategy, Talent, and Governance Plans is required reading for anyone interested in maintaining and developing family-based wealth.

Table of Contents:
List of Illustrations xi List of Illustrated Tables xiii List of Configuration Plans xv Acknowledgments and Appreciation xvii Introduction to the Continuity Model Generation xxi Part I: 21 Frameworks and 6 Meta-Frameworks 1 Keystone Meta-Framework 3 Four Foundational Theoretical Approaches 3 Two Complementary Logics 15 Three Circles Framework 18 Familial Meta-Framework 25 The Big Tent Framework 25 RIPCC Best Practice Dimensions 28 Four Ps Framework 30 Four Cs Framework 32 Individual Meta-Framework 39 Five Servant Leadership Dimensions 39 Four Tests Framework 43 Four Leadership Priorities 45 Four Exit Strategies 48 Generational Meta-Framework 51 Four Ls Framework 51 Four Ownership Stages 55 Four Entrepreneurship Principles 60 Tactical Meta-Framework 63 Family Enterprise Heterogeneity Frameworks 63 Four Rs Framework 66 Four Strategy Dimensions Framework 69 Fundamental Meta-Framework 73 Four Trust Dimensions 73 Five-Stage Life Cycle Framework 76 Church and State Framework 79 Four Innovation Capabilities 82 Part II: The Continuity Canvas 85 Strategy: Strategic Planning for Continuity 87 Strategic Planning for Continuity I: Collecting and Collating Basic Information 87 Strategic Planning for Continuity II: Cornerstone Concept Equals a Quadruple-Bottom- Line Scorecard 91 Financial Perspective 93 Social Perspective 98 Environmental Perspective 103 Talent Perspective 108 Talent: Successors’ Talent Development Planning for Continuity 115 Successors’ Talent Development Planning for Continuity I: Collecting and Collating Basic Information 129 Successors’ Talent Development Planning for Continuity II: Cornerstone Concept Equals Develop an Informed Individual Philosophy of Stewardship 131 Values – History – Legacy 133 Financial Literacy and Value Creation 137 Governance Role Preparation 145 Individual Development 150 Wealth: Asset, Wealth, and Estate Planning for Continuity 155 Asset, Wealth and Estate Planning for Continuity I: Collecting and Collating Basic Information 156 Asset, Wealth, and Estate Planning for Continuity II: Cornerstone Concept Equals Produce a Handwritten Individual Legacy Statement 158 Governance: Governance Planning for Continuity 169 Governance Planning for Continuity I: Collecting and Collating Basic information 169 Governance Planning for Continuity II: Cornerstone Concept Equals Craft the Family’s Governance Philosophy 171 Business Governance 173 Family Governance 183 Ownership Governance 185 The Foundation 192 Part III: Configuring a Plan for the Plans 197 Configuration Plan One 199 Configuration Plan Two 203 Configuration Plan Three 205 Configuration Plan Four 207 Part IV: Appendix 209 Educating Educators 211 A Program Example 215 Part One: Frameworks and Meta-Frameworks 215 Part Two: Four Plans and Cornerstone Concepts for Continuity 218 Part Three: Presenting Configuration Examples 222 Part Four: Developing Your Own Continuity Canvas and Cornerstone Concepts 223 References and Further Readings 225 Index 231

About the Author :
JUSTIN B. CRAIG, PhD, is Professor of Entrepreneurship and Family Enterprise at Bond University in Australia and Visiting Professor of Family Enterprise and program director of the Center for Family Enterprises at the Kellogg School of Management, Northwestern University. He is the co-author of Leading a Family Business: Best Practices for Long-Term Stewardship.


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Product Details
  • ISBN-13: 9781119759300
  • Publisher: John Wiley & Sons Inc
  • Publisher Imprint: John Wiley & Sons Inc
  • Height: 231 mm
  • No of Pages: 272
  • Returnable: N
  • Sub Title: Integrating Wealth, Strategy, Talent, and Governance Plans
  • Width: 158 mm
  • ISBN-10: 1119759307
  • Publisher Date: 27 Dec 2021
  • Binding: Hardback
  • Language: English
  • Returnable: N
  • Spine Width: 28 mm
  • Weight: 454 gr


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