Perpetuating the Family Business 50 Lessons Learned from Long-Lasting, Successful Families in Business John L. Ward A comprehensive guide to sustaining a family business based on the practices of the world's most successful family empires ohn L. Ward, a leading world expert on family business, offers the best practices of the most successful and long-lasting families in business. The book provides a framework for the creation of a successful business comprised of five insights and four basic principles for a strong foundation. Ward fills in this foundation with fifty lessons that he has learned from working with and studying family businesses that he believes will be crucial for success. These include: - Irrevocable retirement - Impersonal ownership - Voluntary accountability - Family education - Principle of merit - Family leadership succession - Inclusion of non-family executives - Synthesis of values - Spirit of enterprise - Family mission statement - Flexible dividend policies. Ward provides the reader with a reliable, tested blueprint for the development, management, and continuation of a suc-cessful family business. John L. Ward is founder of the Family Business Consulting Group International, and Professor and Director, Kellogg School Center of Family Enterprises, Northwestern University. He lives in Evanston, Illinois. Business & Finance 1-4039-3397-9 $29.95 $44.95 Canadian 61 /8 " x 91 /4 " / 256 pages Includes 3 b&w illustrations Palgrave Macmillan June