Susanto The Dragon Network

Inside Stories of the Most Successful Chinese Family Businesses
1. Auflage 2013
ISBN: 978-1-118-33938-1
Verlag: John Wiley & Sons
Format: PDF
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 224 Seiten, E-Book

Reihe: Bloomberg

What's driving the burgeoning global Chinese familybusinesses?
Chinese family businesses are the driving force behind Asia'seconomic prosperity. As the world becomes more global they have hadto adapt to the new environment. This timely book draws on anextensive regional survey to reveal the key players and thestrategies that will drive their success going forward. The bookdiscusses and analyzes the business life and achievements of someprominent overseas Chinese family businesses in Asia and revealstheir life philosophies, their business journey, and their familyrole in business.
* Includes analysis regarding how the senior Chinese generationsprepare their children to run the business in the future
* Reveals that flexibility, ability to adapt to changing businessenvironments, and resilience contribute to the success of manyoverseas Chinese family businesses
* Offers illustrative examples of successful family businessesfrom Malaysia, Indonesia, The Philippines, and China
Based in solid research and filled with illustrative examples,The Dragon Network offers an inside look at how familybusinesses succeed and thrive in Asia.

Autoren/Hrsg.

Susanto, A. B.

Susanto, Patricia

Inhaltsverzeichnis

Acknowledgments ix
Introduction xi
Chapter 1 Revealing Fast-Growing Overseas Chinese FamilyBusinesses 1
Assimilation 3
Discrimination 4
Background of the Overseas Chinese Family Business (OCFB) 5
Overseas Chinese Family Businesses in Southeast Asia 6
Overseas Chinese Family Businesses in Other Regions 18
Chapter 2 How Do Chinese Values Support Business Values?21
The Role of the Family in Chinese Culture 22
Confucian Values 23
Filial Piety 24
Guanxi 25
Characteristics of Chinese Family Businesses 26
Challenges Facing Overseas Chinese Family Businesses 41
Chapter 3 Combining Modern Management and Chinese TraditionalValues 45
Family Businesses around the World: An Overview 45
Family Businesses: The Strengths 47
Family Businesses: The Weaknesses 49
Modernizing Overseas Chinese Family Businesses 51
Chapter 4 Anatomy of Conflict Management 67
The Story of Nyonya Meneer 68
The Story of Yeo Hiap Seng (YHS) 73
The Origins of Conflicts in Overseas Chinese Family Businesses78
Conflict Management 84
Chapter 5 The Succession Conundrums 91
Succession Planning Conundrums 92
Succession in Overseas Chinese Family Businesses: Influence ofConfucian Values 96
Preparing the Next Generation of Leaders in Overseas ChineseFamily Businesses 100
The Next Generations: Dealing with Challenges 105
Chapter 6 The Role of the Wife in Overseas Chinese FamilyBusinesses 115
Wife as the Balance of the Husband 117
Wife as Complement and Driver 119
Wife as the Secretary 120
Wife as the Most Important Figure Following Her Husband'sDeath 121
The Role of a Wife: A Breaker or a Binder? 122
Chapter 7 Leadership Styles of Overseas Chinese FamilyBusinesses 125
From Dictatorship to Democracy 126
Yearning for a Patriarch 131
Chapter 8 The Importance of Social Organization in ChineseFamily Businesses 135
Evolution of the Bamboo Network 135
Founder's Activities for Retirement 141
Chapter 9 Dealing with Risk 147
How Do Chinese Family Businesses Deal with Risk? 148
Risk Attitude among Younger Generations in Chinese FamilyBusinesses 152
Chapter 10 Issues on Sustainability in Family Businesses155
Phases of Growth in a Family Business 155
Challenges in Maintaining Sustainability 157
Chapter 11 Suggestions for Developing Chinese FamilyBusinesses 169
Implementing Corporate Governance 170
Creating a New Business Paradigm, Strategy, Structure, andSystem 172
Enhancing Education and Competence for Family Members 174
Recruiting Non-Family Executive Professional Managers 175
Analyzing Corporate Life Cycle 177
Promoting Fair Remuneration and Equal Treatment among Members178
Influencing with the Right Leadership 179
Reformulating Strategy and Renewing Business 180
Promoting Ethical Behavior 181
Promoting Corporate Social Responsibility 183
Developing Estate Planning 185
Chapter 12 The Future of Overseas Chinese Family Businesses:Toward a More Global Management Style 189
About the Authors 195
Bibliography 197
Index 203

Über Autor(innen)

A.B. Susanto serves as Chairman of The Jakarta ConsultingGroup, a leading management consultant firm in Indonesia. He isalso known as one of the foremost family business consultants inIndonesia. Susanto is Dean of the Faculty of Economics at PresidentUniversity in Indonesia. He obtained his bachelor's degree andmaster's degree from the University of Indonesia and his doctoratedegree from the University of Düsseldorf, Germany.
PATRICIA SUSANTO is the current CEO of the The JakartaConsulting Group. She graduated with a bachelor's degree from theUniversity of Southern California in 1999 and continues her studiesin psychology and human resources at the University of Indonesiaand Griffith University, Australia. For the past ten years, she hastaken an active interest in family business studies and research.As part of The Jakarta Consulting Group, Susanto has been involvedin developing governance for family business in Indonesia.