Strategic Planning for The Family Business

' Strategic Planning for the Family Business is a very thoughtful and valuable book. It offers a superb kaleidoscope of the dynamics of the family business. Professors Carlock and Ward' s notion of the Parallel Planning Process turns out to be a highly original and extremely effective way of diagnosing and intervening in such complex organizations. If I would find myself on a desert island with a family business (I agree that is quite a surrealistic thought), and was asked to help the various stakeholders, and could only resort to one book for guidance, this book would be my first choice. ' -

Manfred F. R. Kets de Vries, Raoul de Vitry d' Avaucourt Professor of Human Resource Management, Clinical Professor of Leadership Development

INSEAD, France & Singapore

' The leaders of business families and family businesses will find this book a precious tool as they confront the many challenges of planning for the family and the business. Carlock and Ward draw from their many years of experience as educators, consultants and board members to make the text stimulating, relevant and of practical utility. I forecast that Strategic Planning for the Family Business will remain a benchmark of best practice for many years to come. ' - Alden G. Lank, President, Family Business Network and Stephan Schmidheiny, Professor of Family Enterprises Emeritus, IMD, Switzerland

' The authors draw on their extensive experience and carefully illustrate how their innovative Parallel Planning Process works to establish the personal, financial and strategic priorities of both family and business. Moreover, they offer a useful method to forge a workable continuity plan. This book is a must read for anyone interested in planning for the continuity of the family business. ' -

Ivan Lansberg, Founding Partner, Lansberg Gerswick & Associates, New Haven, Connecticut, USA

' Of great use to family businesses that, rather than conforming to the corporate world, want to evolve, grow and pass from generation to generation without losing their family character. ' - Miguel A. Gallo, Family Business Chairholder, IESE, International Business School, Universidad de Navarra, Spain

This is a book that family business owners, advisers and researchers have been waiting for. Too often business families have been told to separate family interests from business interests because traditional models did not take account of the emotional dimension in the rational business planning process. Finally, we have in this book adefinitive guide that incorporates and balances the family' s aspirations for their enterprise, their expectations of returns as investors, their involvement in the governance of the business and the formulation of a viable business strategy for the family' s enterprise.

Ward and Carlock' s new book integrates the key theories underpinning the body of knowledge in the field of family business, and in so doing, marks the coming of age of the field. This book comes highly recommended to all students of family enterprise, be they business families, advisers or academics. ' - Barbara Murray, Ph. D. , Lansberg Gersick Associates

' The Carlock and Ward book is a must for everybody working in and with family businesses. The emphasis on the planning process addresses the key deficiency of far too many family businesses. ' - Joachim Schwass, Professor of Family Business, IMD, Switzerland

' Help for business families who strive for improved strategic performance and family harmony. ' - Stanford Business