研究生 多维英语 Unit.ppt 56页

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    Family Business: the Next Generation David Zaudtke Doug Ammerman Warming-up questions Background Information Some Terms Text Analysis Key to Some Exercises After-class assignment W A R M I N G U P What is a family business? Do you have any idea about what is involved in owning a family business? (open) Can you describe what qualities and abilities a good family business owner should possess? (open) What is wealth transfer? Suppose you were the owner of a family business and you were getting old, how would you pass your business onto your children? A N S W E R A family business is a company owned by a family and is handed down from one generation to another. A N S W E R The hand-over of a family business from one generation to another is called wealth transfer. Further question: what are the difficulties involved in wealth transfer? B A C K G R O U N D Family business first occurred in the 17th century. There are many family businesses in the world. Take USA for example, they hold more than 90% in American economy. Among the top 500 companies listed by Fortune, more than 1/3 are family businesses. Some renowned companies such as Motorola, Dupont, Panasonic, etc are controlled by family businesses. B A C K G R O U N D Most companies of all types and sizes fail within 20 years of their birth. Even among family companies—a much hardier breed—less than 30% survive into the second generation, barely 10% make it to the third, and only about 4% to the fourth. Some successful examples in USA: B A C K G R O U N D 102 companies that have remained owned and operated by the same family at least since 1865, and in some cases back as far as the early 17th century. All have operated for at least five generations, some for eight or nine or, in one case, 14 generations. The oldest family business: Zildjian Cymbal Co. (1623) More info: B A C K G R O U N D According

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