Go Perpetuate (New Edition)

Every family businesses owner faces a succession as their biggest challenge. If you are one of them, you most likely have to deal with a bitter fact: third-gen-eration curse, which is well-known worldwide. The writer, who is passionate about family businesses perpetuation, was intrigued by why several companies made it through generations and why other companies failed. As part of his doctorate study, he made research on Indonesian large family businesses to study the phenomenon.

Classic grounded theory methodology is applied to a sampling of twenty-seven respondents from four large conglomerate groups. The findings are that the founders’ main concern is to perpetuate their family business and maintain family leadership into the second and third generations, which they seek to achieve by Parenting to Equip, Harmonizing to Prosper, and Collaborating to Endure. He then formulates a Theory on Intergenerational Perpetuation of Large Family Businesses®, which comprise Nine Propositions; PHC Triangle®; and Seven Stepping Stones of Intergenerational Perpetuation and Simple Algorithm for Perpetuating®.

This book is dedicated to all family businesses owners worldwide to prevent the myth from becoming reality.