Randel Carlock: Family Businesses or Family Enterprises?

May 28, 2019 00:23:14
Randel Carlock: Family Businesses or Family Enterprises?
The Family Business Voice
Randel Carlock: Family Businesses or Family Enterprises?

May 28 2019 | 00:23:14

/

Show Notes

Randel Carlock takes a singularly pragmatic approach to the subject of family business management. His latest book, A Family Business on the Moon, written with Keng-Fun Loh, is not a textbook or self-help volume. Instead of describing family business dynamics through dense theoretical terminology or the lens of case studies, their book gives readers access to a lifetime of aggregated wisdom from teaching and consulting with family businesses around the world for over 25 years, condensed into a series of practical exercises.

Carlock and Loh emphasise the human dimension. They assert that consulting efforts often fall short by focusing exclusively on business planning at the expense of planning for the family. A Family Business on the Moon demonstrates the importance of focusing on both aspects simultaneously to sustain long-term success in the family enterprise.

A Family Business on the Moon is Prof. Carlock’s sixth book on the topic of family business strategy. His years of experience as a CEO and family business consultant, coupled with his postgraduate degrees in both entrepreneurship and psychology, uniquely qualify him to address the challenges of family businesses across industries and geographies.

Recently, we had the opportunity to speak with Randel Carlock about the importance of the Parallel Planning Process (PPP), the critical task of developing talent within family businesses, and why we should think of family businesses as family enterprises.

Read the full article on Tharawat Magazine.

Listen on Spotify, Apple Podcasts, Google Podcasts, Stitcher and TuneIn.

Also, read the full article here.

Other Episodes

Episode 0

March 12, 2021 00:21:50
Episode Cover

How Can Community Be A Competitive Advantage?

On this episode of The Family Business Voice, John J Lamont from Nowchem talks with Ramia about how his family’s bond shaped their succession...

Listen

Episode 0

April 30, 2020 00:16:21
Episode Cover

How Can a Strategic Partnership Help Your Business Expand?

On this episode of The Family Business Voice, Edward Gallagher, CEO of Irish Premium Oysters, speaks with Ramia about Ireland’s aquaculture industry, the impact...

Listen

Episode 0

March 17, 2020 00:23:33
Episode Cover

How Can We Overcome Addiction?

On this episode of the Family Business Voice, Jan Gerber, Chairman of Paracelsus Recovery in Zurich, speaks with Ramia about the cycle of addiction...

Listen