Thrive! Making Family Business Work — Tony Balshaw | Family Business Strategy & Succession

Thrive! Making Family Business Work by Tony Balshaw  offers practical guidance for navigating the interwoven emotional and operational challenges of family enterprises. Drawing on vivid South African case studiesfrom Pick n Pay to neighborhood spaza shopsthe book explores how emotion-based family dynamics and task-oriented business systems collide, and how strategic frameworks can help organizations succeed across generations. It emphasizes solutions like family constitutions, governance structures, and clear succession planning to help family businesses endure and thrive. 

Key Topics Covered:

• The fragile strength of family businesses: how emotion and ownership can undermine continuity 

• The importance of crafting a family constitution, including vision, values, and councils 

• Governance structures: family councils, boards, and roles to separate ownership from management 

• Succession planning as the ultimate test of family business longevity 

Tony Balshaw, Thrive Making Family Business Work, family business, succession planning, family constitution, governance, leadership, multigenerational business, emotional dynamics, South African case studies