Book Review: Family Legacy and Leadership

family_legacy_and_leadershipDaniell, M. H., & Hamilton, S. S. (2010). Family Legacy and Leadership: Preserving True Family Wealth in Challenging Times. New York, NY: John Wiley.

Read the review by Harvey Taraday of TCH Partners LLP, published in Family Business Review:

Daniell and Hamilton offer a new approach to an age-old goal—how to turn a family fortune into an enduring family legacy. The thrust of their book is to “allow leaders to serve their families with better information, greater insight, diminished risk and an improved chance to build a lasting family fortune and an enduring family legacy.”

The book is a worthwhile read because, unlike other books on family wealth management, it goes beyond the concept that the primary focus of financial legacies is money. The authors demonstrate that the passage of true wealth involves more than transferring money. The prime FBR_72ppiRGB_150pixWfocus, in their opinion, should be engaging the entire family to create reasons why they should stay together despite their differences and to establish what each family unit wants to accomplish together.

Click here to continue reading, and follow this link to see the latest issue of Family Business Review.

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This entry was posted in Book Review, Family Business and tagged , , by Cynthia Nalevanko, Editor, Management INK. Bookmark the permalink.

About Cynthia Nalevanko, Editor, Management INK

Founded in 1965, SAGE is the world’s leading independent academic and professional publisher. Known for our commitment to quality and innovation, SAGE has helped inform and educate a global community of scholars, practitioners, researchers, and students across a broad range of subject areas. With over 900 employees globally from principal offices in Los Angeles, London, New Delhi, Singapore, and Washington DC, our publishing programme includes more than 560 journals and over 800 books, reference works and databases a year in business, humanities, social sciences, science, technology and medicine. Believing passionately that engaged scholarship lies at the heart of any healthy society and that education is intrinsically valuable, SAGE aims to be the world’s leading independent academic and professional publisher. This means playing a creative role in society by disseminating teaching and research on a global scale, the cornerstones of which are good, long-term relationships, a focus on our markets, and an ability to combine quality and innovation. Leading authors, editors and societies should feel that SAGE is their natural home: we believe in meeting the range of their needs, and in publishing the best of their work. We are a growing company, and our financial success comes from thinking creatively about our markets and actively responding to the needs of our customers.

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