Full name: Managing for the Long Run: Lessons in Competitive Advantage from Great Family Businesses

Authors: Danny Miller, Isabelle Le Breton-Miller Rank: Rating: Original Rating: Pop Rating: Genres/categories: Business Purchase/reserch links: Goodreads Amazon LibraryThing ISBNs: 9781591394150 1591394155

Conventional thinking holds that family-controlled businesses are beset by inherent weaknesses from "clan" cultures to stable ownership that hobble success and erode competitive advantage. This book argues that those very traits are part of what has ensured the sustained success of some of the world's leading and long-lived family controlled businesses. This is not a book for "mom and pop" family businesses. Rather, it is for firms of all kinds and sizes who want to emulate the strategies of the best family-controlled businesses for long term success.