Unconventional Wisdom: CounterintuitiveInsightsfor Family Business Success (IMD Executive Development Series) Review

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Unconventional Wisdom: CounterintuitiveInsightsfor Family Business Success (IMD Executive Development Series) ReviewThis brief book is the product of an academic collaboration but its professorial essays are mercifully clear and free of academic jargon. This collection, edited by John Ward, explores the performance, management and governance issues that matter most to family businesses. The title refers to the fact that family-owned companies are unconventional, at least in comparison to publicly owned businesses and, therefore, they need a distinctive management approach. Family businesses derive competitive advantage from precisely those practices that conventional managers abhor - such as nepotism. We recommend this book to anyone engaged in a family business, and certainly to other academics studying this subject.Unconventional Wisdom: CounterintuitiveInsightsfor Family Business Success (IMD Executive Development Series) Overview

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