Embracing Change in the Family Business
By Ramez Baassiri
Family business: A distinct, vital form of business representing 80 percent of all firms in the US, 85 percent in the European Union, 90 percent in the Middle East, and 99 percent in Japan. As the percentages indicate, family business is everywhere.
In Interrupted Entrepreneurship, multigenerational family business member Raméz A. Baassiri seeks answers to an array of hurdles that every family business has faced and could face, not only from the perspective of his own family business but also from the viewpoint of dozens of family businesses that have confronted interruptions and not only weathered the storms, but thrived.
While this is not a one-solution-fits-all book for business interruptions, it is intended as a glimpse into history from which you can derive lessons and gain inspiration for your own exponential possibilities for the future by offering the following:
- A wealth of historical knowledge
- Practical support
- Valuable insight
- Viewpoints that span age, gender, and geography
- Observations not only of the past and present, but of the evolving landscape of the future
Interruptions are uncontrollable, but you can choose how to confront and deal with those interruptions and do so in a beneficial way to your business and your personal well-being.
“Raméz A. Baassiri’s fine book Interrupted Entrepreneurship is full of EI (emotional intelligence) and wisdom on the management of family firms. Structured around his insightful observations on how to appreciate and address the interruptions in our life paths, Baassiri uses his family’s story, and those of many famous families in business, to guide family companies to lasting success.” (Professor John Davis, chair, Families in Business Program, Harvard Business School)