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E-book
Author Tsai, Florence C.

Title Phoenix Rising - Leadership + Innovation in the New Economy : Lessons in Long Term Thinking from Global Family Enterprises
Published Milton : Productivity Press, 2019

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Description 1 online resource (209 pages)
Contents Cover; Endorsement; Half Title; Title Page; Copyright Page; Dedication; Table of Contents; Preface; Acknowledgments; About the Author; 1: Part A: Family + The Quantum Machine (Chapter 1 for the Hackers; It's Imperative to Transform; Gods, Monsters, and Longevity DNA; Future-Forward: Alexandre Birman and Arezzo; Organizations designed for innovators; Distributed Systems Are Fuzzier; The Quantum Machine; American Phoenix, A Hero's Journey; E.I. du Pont and the quantum machine; Conclusion; 1 Part B: Family + The Quantum Machine (Chapter 1 for the Master Architects
The Evolution of Family OrganizationsStage One: The Family Business; Stage Two: The Family Enterprise; Stage Three: The Family Ecosphere; The Quantum Machine Defined; Centerprise-Build and Fire Up That Machine; The Five Arrows of the Rothschild Family; The Evolution of Governance; Concentric Circles of Influence; Conclusion; 2: Longevity DNA; Leadership and Innovation Culture at Corning; Amo Houghton's Longevity DNA; The Edge and the Core; British Theater's Quantum Machine; Future-Forward Thinkers and Experimenters; Sinkhole Becomes Museum Piece: The Practical Futurist; The Four Capitals
Driving Your Quantum Machine with the Four CapitalsConclusion; 3: Phoenix Rising: Traits of Exceptional Leadership; The Centerprising Leadership Traits You Want and Need; Leadership Challenges Today; Mandate to lead; Governance roles; Versatility and cultural sensitivity; Leaders You Need; Performance versus success; Centerpriser: Portrait of an Effective Family Organization Leader; How to Be an Exceptional Leader; How to Measure a Leader; Conclusion; 4: Survival Hacks: Resolving Generational Tensions; Tension One: To Fail or Not to Fail; Tension Two: "I Need to Be Me
Tension Three: Internal Drive-Can the Monster Be AwakenedTension Four: Set Aside Your Internal Dictator; Tension Five: Finding Common Ground with Millennials; Tension Six: Whose Vision Will Win Out; The Secret to Resolving the Six "Tensions; Spotting the Stars; Welcome to Your Second Career; Survival Hacks; Conclusion; 5: Switch on the Longevity Gene; Develop Leaders from the Moment They Are Born; Secure attachment; Forming a strong moral core; Parental engagement is imperative; The "Rising Generation's Burden; Waiting for the Marshmallows; Work Ethic and the Growth Mindset
What Kind of Person Is Your ChildEarly Childhood Is the Perfect Time to Learn Core Values; Conclusion; 6: Be Trustable to Teens; Heading off Trouble at the Pass; Concrete Strategies for Proactive Parenting; Spend time with your teen; Help your teen build a trusted friendship circle; Show up; Teens Must Choose a Tribe; Building a Circle of Trusted Advisors; Keeping It Real with Your Teen; Having the Money Talk with Your Teen; What Does "The Best School" Really Mean; Stoking the Fires in Passionate Teens; Conclusion; 7: Fast Tracking Your Almost Phoenixes
Summary How can tech-forward companies, institutions and non-profits stay relevant long term in today's fast changing global economy? Written for leaders seeking proven strategies, this book by a veteran business advisor and leadership coach explains what large organizations can learn from family enterprises, and vice versa. When survival is threatened by disruption, or growth has stalled, the book shows why seasoned leaders and rising leaders from both family and non-family organizations should join forces for mutual benefit of combining innovation and long term thinking. Florence Tsai advances the field of family business studies with new evolutionary models, organizational frameworks, and case studies of dozens of leading family companies, including IBM, Corning, and New York Times. The book addresses growing problems of disruption--challenges best addressed by seasoned and rising leaders working together, since they have complimentary skills. Seniors bring stability and judgment, while rising leaders understand new markets and introduces innovative ideas. The world's best family enterprises are masters of survival; what they can learn from non-family companies is how to stay nimble when change is accelerating at rates never seen before. Non-family organizations facing trust gaps can learn from successful family enterprises' laser focus on stakeholder engagement. Families like Levi Strauss or Herms have built trusted brands for generations. Facing disruption, Tsai explains how non-family organizations can insert long term thinking into the DNA of your organization by observing how enterprising families with enduring competitive advantages accomplish it. Strategies include how to develop future-forward mindsets supportive of innovation culture; how to nurture rising leaders who are intrapreneurs, entrepreneurs, and portfolio builders and prepare them to lead in their thirties. Phoenixes rising are the next-generation leaders who lead their family enterprise through intentional transformation in response to inevitable changes and yield successful growth. The book describes this mechanism in detail. Legendary Phoenixes profiled in this book include Irne du Pont in the U.S., whose tech innovation at Eleutherian Mills transformed the gun powder industry; David Ren de Rothschild in France, who rebuilt a banking business from scratch; and John Elkann of Fiat in Italy, who led the Agnelli family through a succession crisis to emerge stronger. Stories of successful next generation innovators include John D. Rockefeller, Jr. in the U.S., Cristina Stenbeck of AB Kinnevik in Sweden; and Mikkel Vestergaard, inventor of LifeStraw, in Switzerland. With insights drawn from more than a decade of working closely with leading business families and advising the Chairmen and CEOs of their companies, the author argues that if we want to be guided by their long term success, it's the pioneer spirit of the family leaders, plus the enterprising culture of the families themselves, not so much their products or their famous companies, that we should pay attention to. Written for the hackers and for the master architects, Phoenix Rising spotlights principled wealth creation and the shared value that comes from doing good while doing good business, engaging partners and stakeholders sustainably, for the lasting benefit of oneself and society
Notes Young Adults Want Independence-But Engagement Too
Florence Tsai is a business strategist with broad industry expertise. She advises Chairmen and CEOs in the Americas and Asia, with a focus on the world's leading family companies. Co-author of Family Office Compass (Zurich: UBS Great Wealth/CIFE 2016), Florence has designed and delivered education programs held at the Harvard Law School. She speaks at the World Economic Forum Annual Meeting of the New Champions in China. A pianist from the age of three, Florence studied under Master Teacher Dorothy Hwang at the Colburn School in Los Angeles. She holds an A.B. in Economics from Harvard College, an M.P.A from Harvard Kennedy School of Government, and an M.B.A from Harvard Business School. Florence Tsai is Founder and Managing Director of the Center for Enterprising Families that incorporates disruptive technology and long term thinking to spark innovation and achieve sustainable industry transformations. She lives with her family in Newton, Massachusetts
Restricted: Printing from this resource is governed by The Legal Deposit Libraries (Non-Print Works) Regulations (UK) and UK copyright law currently in force. WlAbNL
Print version record
Subject Small business -- Technological innovations.
Leadership.
Intergenerational relations.
Leadership
BUSINESS & ECONOMICS -- International -- General.
BUSINESS & ECONOMICS -- Leadership.
BUSINESS & ECONOMICS -- Management.
Intergenerational relations
Leadership
Small business -- Technological innovations
Form Electronic book
ISBN 9780429793318
0429793316
9780429437199
0429437196
9780429793301
0429793308
9780429793295
0429793294