From Siblings to Cousins Prospering in the Third Generation and Beyond

Going from the sibling to the cousin generation is the last major transition for business owning families and many times this is the most complicated transition. A cousin-stage business requires a completely different pattern of thought than a sibling-stage business. This book by the authors of Making Sibling Teams Work: the Next Generation is aimed at helping cousins organize themselves and their extended family for success as a group that owns and runs a business together. You will become knowledgeable about the key issues that cousins face, such as how to attract the most capable family members into the business leadership roles or how to develop agreement among owners who may be widely scattered in geography and opinions. If you are a sibling owner, this book will help you create the circumstances to help your children become successful team -if it's the family's goal to continue in business together. This is a how-to book aimed at helping the cousin generation continue working together successfully. In From Siblings to Cousins: Prospering in the Third Generation and Beyond you'll learn: the requirements for success; managing the business in the cousin generation; the art of governance in the cousin generation; the transition issues that occur from siblings to cousins; special challenges for cousins; assuring continuity and success; and much more. When cousins set their hearts and minds to it, they can work together and give continuity to a viable business and the owning family. Transforming themselves from a disparate group of cousins who once hardly knew each other into a Cousin Collaboration will be both awe-inspiring and rewarding. From Siblings to Cousins: Prospering in the Third Generation and Beyond will show you how.