Managing Business Family Dynasties

Prof. Tom A. Rüsen is the managing director of the Witten Institute for Family Business (WIFU) at Witten/Herdecke University (Germany) and serves as the CEO of the WIFU-Foundation. He is also an honorary professor and project initiator of the "Big Family Management" research project. The WIFU is a leading research institute in the field of family businesses in Europe and has unique access to practice through which current issues in family businesses and business families can be identified and researched.Prof. Heiko Kleve is the academic director of WIFU and holder of the WIFU-Foundation Endowed Chair for Organisation and Development of Business Families at the Witten/Herdecke University (Germany). He is a project participant in the "Big Family Management" research project.Prof. Arist von Schlippe is the former academic director of WIFU and holder of the WIFU-Foundation Endowed Chair for Leadership and Dynamics in Family Businesses at Witten/Herdecke University (Germany). He is a project participant in the "Big Family Management" research project.

• 1. Introduction: Dynastic Business Families and the “Big Family Management” Research Project.- 2. The Dynastic Business Family as Family, Organisation, and Network.- 3. Six Key Issues and Challenges in Managing Dynastic Business Families.- 4. Committee Structure and Participation Opportunities – Forms of "Appropriate" Family Governance for Dynastic Business Families.- 5. Communication Within the Dynastic Business Family.- 6. Competence Development and Personnel Selection in Dynastic Business Families.- 7. Assets, Distributions and Value Differences.- 8. Conflict Configurations in Dynastic Business Families.- 9. Family Strategies and Management of the Dynastic Business Family.