Leading a company is a much different experience for those in a family-run business than for their contemporaries in nonfamilial environments. This book provides a comprehensive overview of the skill set and mindset required to lead family enterprises, and it introduces the four critical areas in which family businesses differ from traditional companies--management structures, governance mechanisms, entrepreneurial advantages, and stewardship practices.

In a fascinating convergence of entrepreneurship, family relations, and corporate principles, the authors present two...