The Business Transition Crisis


Book Description

Wayne Vanwyck is on a mission. A leading Business Transition Coach, he is alarmed that literally millions of boomer business owners intend to retire in the next ten years but only 7 percent of them have a written succession plan. This means a tsunami of business selloffs is looming on the horizon. Vanwyck points out that business owners who don't plan their business transition now may have to kiss all their creativity, passion, and hard work goodbye as they face a market glutted with businesses for sale and scant few buyers. But he also says that those who do start planning their transition can increase the value of their business, increase their profitability today, and keep their options open. In The Business Transition Crisis he offers practical advice for you, including how you can: Sort out your personal and professional transition options Prepare your business, your employees, and yourself for transition Build an "A" team of advisors who will make transition easier and more profitable Create a business plan that makes sense now and multiplies the valuation later Take a sabbatical as a test run for retirement Leave a legacy that you can be proud of




Money, Crises, and Transition


Book Description

The essays taken on the issues that have fascinated Calvo most as an academic, a senior advisor at the International Monetary Fund and as the chief economist at the Inter-American Development Bank: monetary and exchange rate policy, financial crises, debt, taxation and reform, and transition and growth.




Economic Transition and International Business


Book Description

Economic Transition and International Business brings together academic experts in International Business and sheds new light on the international phenomenon of transitions in the worldwide economy. It includes both academic investigations as well as in-depth empirical studies. The purpose of the book is to investigate how international transitions reshape the environment, as they reallocate and renew activities, and create new strategies for actors and stakeholders. It provides essential insights into a number of contextual changes that organisations are facing internationally, and is structured around three complementary themes. In the first part, recent economic and financial crises are analysed and presented as revealing transitions for the business world. In the second part, the impact of these transitions is assessed at the level of various key economic players in today’s societies (states, business networks, companies, associations, etc.). In the third part, certain decision-making and managerial transitions are retained to illustrate the new deal linked to international transitions. This book is recommended reading for scholars and students in management and economics, as well as international business managers. They will find insightful information, either theoretical or practical, including various countries impacted by socio-economic transitions.




Finding Your New Owner


Book Description




Disciplines, Disasters, and Emergency Management


Book Description

Disasters such as the 9/11 terrorist attacks, the Indian Ocean Tsunami, and Hurricane Katrina illustrate the salience and complexity of disasters. Both scholars and practitioners therefore agree that we must take a more proactive and holistic approach to emergency management, which should logically be derived from a sound understanding of the academic literature and the most pressing concerns facing professionals in the field today. Disciplines, Disasters and Emergency Management reviews what is known about catastrophic events from the standpoint of various academic areas of study. The introductory chapter by the editor, David A. McEntire, discusses the importance of and difficulties associated with multi- and interdisciplinary research on disasters and emergency management. Well-known scholars such as Drabek, Gibbs, Pine, Scanlon, Sylves, Waugh, Zakour and others then join efforts with budding students who have recently been exposed to the disaster management profession. Their review of our current level of knowledge represents 23 disciplines including geography, engineering, sociology, gerontology, public administration, international relations, law, environmental management, criminal justice, and information science, etc. The concluding chapter summarizes the contributions of various disciplines, identifies potential research opportunities, and describes ways to address future disaster problems. Besides comparing the similarities and differences among the findings from diverse fields of study, Disciplines, Disasters and Emergency Management suggests that scholars may increase their comprehension of disasters by focusing attention on the unique concept of vulnerability. Recommendations for disaster reduction also make this a useful book for professionals in emergency management. Whether you are a seasoned expert in disaster research or a novice in emergency management, this book will help you acquire cutting-edge knowledge about disasters and emergency management.




Managing the Transition to a Sustainable Enterprise


Book Description

In combining practice and theory, this textbook provides a management perspective on the ‘business case’ for sustainability. Drawing on examples from 20 frontrunner companies located in the Netherlands, it builds upon a unique research project in which CEOs and middle-managers gave access not only to their decision-making process, but also revealed how their perceptions shaped the transition process. This book identifies four different archetypes of business cases and related business models that business students and managers can use to identify phases and related attitudes towards sustainability. The book provides in-depth analysis and insight into: • theoretical concepts and an overview of the relevant literature • the different business cases for sustainability • behavioural characteristics of each phase and the typical barriers between them • more than 70 tipping points • approaches to shaping stakeholder dialogue • effective engagement of stakeholders in each phase of transition • how companies move through the phases towards higher levels of sustainability • insights of employees of the 20 companies whether the business case was really achieved • summary of the interventions which have proved successful in these companies. This book offers students as well as managers of vocational and academic institutions at undergraduate and postgraduate level insight into real-life transition processes towards sustainability.




Family Businesses in Transition Economies


Book Description

​This book presents the reader a comprehensive understanding of the development of family business in transitional economies. Throughout eastern Europe, post-Communist countries transitioning to market-based economies are obtaining a variety of results due to diverse policy approaches. Expert contributions in this book draw from a wealth of information in this context and include thought-provoking policy prescriptions for the future. This book concentrates on the challenges to predict the direction emerging markets will take, particularly when dealing with the wide-ranging social and economic situations taking place in post-Communist Eastern Europe. This reference volume for policymakers, educators, investors, and researchers also provides a much-needed and timely survey of family firms in the transitioning markets of post-Communist Europe.




The Family Business Suicide Prevention Guide


Book Description

First the Bad News: Family businesses make up the vast majority of the economy, yet their failure rates are just as high as non-family firms. The tragedy is that when a family business goes under, an entire family’s legacy is lost, often with traumatic consequences. Now for the Good News: Family business suicides CAN be prevented, but not without: 1. Identifying each of the many factors involved 2. Discovering the complexity of the context of your particular situation and 3. Understanding the dynamics of the people involved. Based on well documented and extensive academic research and more than 20 years of practical coaching and mentoring experience, this book will: - Highlight the key differentiators between corporate versus family firm succession processes – so you can better understand the scientifically established principles to improve the chance of success within your family firm. - Help you as the next generation heir ascend to the throne without wreaking havoc within your family – there is no point in saving the business if you destroy your family in the process! - Help guide you if you are a non-family member in a family-run firm – so you won’t feel helpless the next time a family issue spills over into the business. - Give you advice on transferring family ownership to outsiders – even though this might not be your first choice, it might be an unavoidable reality that requires you to be ready to transition properly if you are to maximise your exit strategy. - Help you avoid the most common mistakes and missteps that claim too many family firms. The suggestions and advice are based on cutting edge research combined with practical tips you can apply in your business immediately. The Only Cure for Family Business Suicide is Prevention: Admittedly, the book’s title is provocative. It was chosen in part to get you to pick it up off the bookshelf, but more importantly to bring much needed attention to an increasingly alarming problem - the preventable failure of family businesses. Family dynamics are messy, complex and complicated by the inclusion (and sometimes exclusion) of family members in the business. This book takes a uniquely different approach to reveal a multitude of perspectives to look at the various sources of conflict* involved so they can be identified, isolated and dealt with strategically, diplomatically and effectively. This thoroughly documented expose brings decades of academic research and literature to you, the small family business owner, in a format that is easy to digest with practical recommendations you can implement immediately. Sadly, many family businesses fail, not because their issues were insurmountable, but rather because they were unaware of the most common mistakes and how they could have been easily avoided. In the case of family business "suicide" - the only cure is prevention. This book is the first step in administering the cure, the vaccine against the infection that afflicts too many families and their businesses. * Suggestion from the author: Buy one book for each family member, to avoid conflict… Conflict prevention is the cure remember?




The Indian Economy in Transition


Book Description

Taking the period following the advent of liberalization, this book explains the transition of the Indian economy against the backdrop of development. If the objective is to explore the new economic map of India, then the distinct contributions in the book could be seen as twofold. The first is the analytical frame whereby the authors deploy a unique Marxist approach consisting of the initial concepts of class process and the developing countries to address India's economic transition. The second contribution is substantive whereby the authors describe India's economic transition as epochal, materializing out of the new emergent triad of neo-liberal globalization, global capitalism and inclusive development. This is how the book theorizes the structural transformation of the Indian economy in the twenty-first century. Through this framework, it interrogates and critiques the given debates, ideas and policies about the economic development of a developing nation.




The Business of Cyber


Book Description

This book examines the cybersecurity phenomenon, looking at the folklore, the hype, and the behaviour of its practitioners. A central theme is that the management of cybersecurity needs to be owned by the people running the organisation, rather than by the cybersecurity team, who frequently don’t have management as a core skill. In order to effect that change, managers need to have the background and detail to challenge what they are being told, enabling them to engage in a way that will result in more appropriate outcomes for the business. This book provides that background and detail. It debunks a number of cyber-myths, and calls out basic errors in the accepted thinking on cyber. The content is strongly rooted in available research and presented in an accessible manner, with a number of business-related case studies. Each chapter in the book takes a theme such as end-user behaviours and compares the available evidence with what the industry would like to have its customers believe. The conclusion is that there is definitely a problem, and we certainly need cyber defences. Just not the ones the industry is currently selling.