DR RANDEL S. CARLOCK is the Berghmans Lhoist Chaired Professor in Entrepreneurial Leadership and founding Director of the Wendel International Centre for Family Enterprise at INSEAD. He is a founder and former Chairman-CEO of a NASDAQ exchange listed corporation and also trained and qualified in psychotherapy at the London Institute of Psychiatry. He is internationally recognized for his research, teaching and advising on leadership, strategy, family relationships and governance.

JOHN L. WARD is Clinical Professor and Co-Director of the Center for Family Enterprises at the Kellogg School of Management (Chicago, USA) where he teaches and researches strategic management, business leadership, and family enterprise continuity. He is an active researcher, speaker and consultant on succession, ownership, governance, and philanthropy. Ward is a Principal and Co-Founder of The Family Business Consulting Group, as well as a regular visiting lecturer at IMD (Lausanne, Switzerland), Hong Kong University of Science and Technology, Indian School of Business, and IESE (Barcelona, Spain). Ward graduated from Northwestern University (BA) and Stanford Graduate School of Business (MBA and PhD). Currently, he serves on the boards of four companies in the US, Canada and Europe. Ward is the author of many leading books on family business and, with Craig Aronoff, he authors a continuing collection of booklets The Family Business Leadership Series.

This book shows family businesses working together at their best and explores how effective planning and communication help business families grow and become sucessful enterprises

PART I: WHY GLOBAL BUSINESS FAMILIES NEED PLANNING Why Family Businesses can be the Best (or the worst): Strengths and Challenges The Parallel Planning Process for Family Enterprises Shared Values as the Foundation for Family Commitment PART II: FAMILY DRIVEN PLANNING Clarifying the Family's Shared Vision and Goals Developing the Family Talent and Leadership Ensuring Capable Ownership Family Governance: Decision Making for the Family PART III BUSINESS DRIVEN PLANNING Planning Business Strategy: Exploiting Strengths and Opportunities Aligning Business Strategy with the Family's Commitment Business Governance: The Role of the Board of Directors PART IV BECOMING A FAMILY ENTERPRISE The Next Generation of Family Entrepreneurs Beyond Business: The Family Enterprise Experience