Entrepreneurial Transitions in Family Business

Entrepreneurial Transitions in Family Business

Organic Model, Governance and Succession

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Simon O'Leary, Chris Swaffin-Smith and Rebecca Fakoussa offer an insightful text on family business and their organic model. Family business is one of the earliest forms of economic organisation and is still the most common form of commercial entity in the world. Starting up, developing and maintaining such initiatives requires a dedicated entrepreneurial spirit and a range of management skills, as well as periodic episodes of good timing and targeting. Since the advent of mechanisation and industrialisation, larger organisations and publicly-listed companies have often been viewed as the meas...