In this first paperback edition of the 2008 book, Gordon (Institute for Family Business; fifth generation member of a UK family business) and Nicholson (organizational behavior, London Business School) present tales of family business wars, and lessons learned from them about risk factors and remedies. The Gallo, Guinness, Bronfman (Seagram), Shoen (U-Haul), and Gucci families, whose family trees are included, are among the combatants. Annotation ©2010 Book News, Inc., Portland, OR (booknews.com)
Many of the world's greatest businesses are family owned, and with this comes the threat of family feuding, sibling rivalries, and petty jealousies. Family Wars takes readers behind the scenes on a rollercoaster ride through the ups and downs of some of the biggest family-run companies in the world, showing how family in-fighting has threatened to bring about their downfall. Covering families such as Ford, Gucci, McCain, Guinness, Gallo, and Redstone, Family Wars is an astonishing expose of the way families do business and how family in-fighting can threaten to blow a business apart. Whether it's Brent Redstone's court case with his father and sister or the family feud over Henry Ford's $350 million trust fund, the book reveals the origins, the extent, and finally the resolution of some of the most famous family feuds in recent history. Family Wars also provides valuable advice for anyone involved in a family business, offering suggestions on how to avoid such problems.