ghd iv styler -China's wealthy people's anxiety

China's rich people's anxiety
at This month's and nineties, there has been a large digit of China's first generation of private entrepreneurs from scratch, now is the intergenerational transmission of family business and the height of the impact time, whether the alternation of power can not manipulate normally, worrying the fate of the family business, into a rich, but three generations of the

collective anxiety
family business is because of this, and now the first generation family businesses to create a basis of heroes, the intergenerational transmission of wealth and the collection of collective anxiety occurs. Training courses have emerged nigh the millionaire, such as Wuxi,ghd hair straighteners, the recent emergence of a Total exercising time for three months, tuition fees of up to 668,000 yuan, place of learn at random. In adding to studying the business of the road, but also to educate golf and horseback riding, and even taught how to clothes, beverage tea. Currently more than 10 applicants, the minimum age of only 16 years old.

crash course and perhaps this wealthy family businesses can not solve deep-seated problems, but it is ample to answer to the first generation of Chinese private entrepreneurs to shape their own half to avoid the hard work broke, for the second generation heiresses how concerns about the ability of their private concerns about the second generation to convert

why such a colossal family business energy
In fact, many of the world's five hundred, mostly family-owned business enterprises, but has undergone a modern transformation. A report shows that Europe and the United Kingdom, the United States, the corporate culture of alter places, Germany, France, Spain,best curling irons, Italy and Switzerland and other countries still maintain the traditional family business, especially in the first fifty medium-sized German family business accounted for 29, portion of the company's revenue is agitating. In fact, even the United States, the family business experienced a 380-year history, the appointment is still a force in the U.S. economy. A 2003 study showed that in the S & P 500 Index companies, with 177 belonging to the family business - the founder or his family members in business management activity an important role in the enterprise. In 2009, along to the U.S. Small Business Administration (Small Business Administration) statistics, about 90 percent of U.S. companies, inherited from the strict traditional small companies to Fortune 500 one-third of large enterprises are family-owned or controlled.

Chinese family businesses to survive three generations seems to be little, because political instability led to the accumulation of wealth is disturbed, if the institutional arrangements are not favorable to private investment growth, then the family business nearly no Power to the accumulation of wealth. China New Town, first sovereign of the flag near the political environment, leading to almost impossible to inherit the family business, and establishment of the Republic of the public-private institutional arrangements, leading to the demise of the family business is almost tired.

But if the history of business development from the viewpoint of what the beauty of the family business, can produce such great energy? On private detection and train, the lyricist believes that three main points:

First, compared to the state-owned, family business has its advantages, dedication, work attach to create wealth in the long struggle to form a own set of management. The most elementary prerequisite is that companies form their own peerless management - operation mode, if I were you this model, companies do not know what to do and how to do? Do not know how to muster always their resources to fulfill business opportunities can be controlled. Family business in the hard process,air max 2011, gradually able to adapt to the market prototype, and this prototype in certain circumstances is the most effective, family businesses are not scared of trial and peccadillo, the error gradually formed their own system of management and the most favorable opportunities for discovery to form a product management and marketing the most effective alignment.

second, fellow cohesive family business, as long as the delivery properly, rational, good faith between members of the family business is quite lusty, long-term employees likewise have a dependency for enterprises to do my best. A enterprise skillful to maintain growth impetus, the maximum major thing is first fashioned in the most efficient internal cohesion, the cohesion of a mammoth attraction to outer resources into its own advantages, the enterprise is in such a spiral in the expansion. Moreover, the market absence to enhance transaction costs, and kinship family business, geopolitical relations, teacher-student relationship to a certain amplitude, friends can dwindle the internal cost control and market transaction costs. Embryonic stage, primarily in the corporate, trust and loyalty are the most excellent quality. Therefore, no internal friction among the family business and the specifics of soldiering, they are predestined to get in the market to large vantage, as the most spirited element in the economy.

Third, active and determined is the family business can be better than the other types of businesses the biggest advantage. Because in the modern market, the opportunities are forever fleeting, family business decision-makers can all active and resolute decisions and deed speedily, when state-owned enterprises alternatively other large companies, may be deserving to decentralization, decision-making and operation is always takes a long time to judge, lose a lot of opportunity. Metz Communications family of Claire Metz accented the brain of Mark in the business also needs a fast fix: Adams family in the radio field to further accelerate the pace of expansion. From several hundreds of radio stations to persuade the media giant into two sides signed the bargain of shares value 235 million contract, Metz family in less than five days. In China, numerous of the first generation of personal entrepreneurs are quickly expanded with Kuaiyu strategy, once found the opportunity, they automatically, like clockwork, like on the rapid expansion, like had Graves ailment, in the excited state. How to annotate this phenomenon, in methodology, for themselves, the struggle is the most effective and modern successful business experience has shown that companies need to authoritarian rule, and social and democratic needs of the market-style operation. Because as businesses, the most important intention is to identify business opportunities and in the most efficient and fastest people material and monetary resources to achieve organizational goals.

No gold: the family business of a pernicious short embark
However, gold is pure and no one is perfect, the family business also has a fatal disability. According to the American Enterprise Institute, a family studies show that almost 70 percentage of family businesses can not scatter to the next generation, 88% not reached the third generation, only 3% in the fourth-generation family business and afterward still in business.

First, the family business into a adult relationship between the blood and additional enterprise time bombard. Chinese history and mores with the same tug, the family business there, Even a father and his sons and relatives against every of the divisions. A lot of friends that private entrepreneurs, business chairmen, relatives and family members gap the system, the manager is complicated to deal with ordinary human, for equally for this to the family business left the inner management of hazards. Moreover, afterward a successful family business, as well as

my opinion, to avoid these fatal flaws, to avoid the private into the rich, but three generations of the dead end, after the company must be carried out in a mature and standardized management, the formation of the modern corporate system. This time, companies can not on the closeness to the

Second, the family business system is often the most vulnerable, family friends, the behavior of prevalent enterprise system mar, some veterans have grown arrogant hero, the system for these people, hard limitations, because they always trust in adore The first rule, but soon the world was not swiftly rule the world, family and friends to take the lead if the erasure of effective corporate system, then, the fate of the family business worrying.

a mature family business, family members can not be within the priority to agree in the enterprise, especially those who can not afford to have a great desire of the members of the right is very risky and will hinder the rapid development of enterprise, for the digestion of genii will bring disorder.

Third, the fast and telling decision-making and execution, there is a definite risk, because the mall is changing business, immediately is not necessarily the future is right, there may be disloyal, the profit will risk.

it is also likely to introduce a modern system of professional managers and corporate decision-making think-tank, to avoid the empirical decision-making, rational and authentic inquiry of buck-passing can be avoided and lost business opportunities, and avoid approximating rapid decision-making at risk.

corporatization and family-oriented win-win
family business is often the first and second-generation business has a great center, once the accumulation of wealth to the first-class level, two, three generations in the superior due to the long growth environment, the lack of that sense of spirit, if education is properly, often resulting in inheritance decoupling, that is, the so-called rich, but three generations.

without a good family business succession can make use of external force that is to hire professional managers. Professional manager system and the property rights system is separate to form the detachment of management and ownership, which allows the two to conquer. I am in Australia found that many family businesses are still patriotic to the power company manager, and babies have equity and dividends, nailed ample to get some money, and will not misspend the company closed down. This is both to protect the enterprise, but also to protect their own children, but also to protect the company's employees. Of course, if the second generation does have a skill, so many the better.

If employed professional managers, professional managers to make fully into the character of good faith for the family business and hard go, you have to give them the provocation aboard a certain level of incentives,ghd iv styler, such as equity, options, incentives, etc. .

lesson a good choice of general manager is not an easy thing, especially in China, not a sound credit system, often betrayed the interests of enterprises, accordingly,Nike Air 90, from the perspective of decision-making, professional managers must be rebuilt honor system construction, especially on the judicial power to strictly enforce the compact, otherwise, the transformation of China's family-owned business will be thwarted at every turn.

When the family business of wealth and power of the intergenerational displacement of an accidental turn while the description of the family affair Houjifaren, this time companies will must face the reality, the Board has made remarks, the decision-making and management separate authority in force apt the modern corporation management mode and management that will allow companies apt get a good development, no rigidly cling to proper the asset of the outflow, the outflow is no necessarily fact. Because nice directors can give enterprises to establish more wealth, they fair slit in to big commerce at the same time a small piece of cookie.

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