{"product_id":"sink-or-swim-priscilla-m-cale-9780313398346","title":"Sink or Swim: How Lessons from the Titanic Can Save Your Family Business","description":"\u003cp\u003e\u003cb\u003eThis powerful study of the threats to business survival draws compelling parallels between the \u003ci\u003eTitanic\u003c\/i\u003e and family firms, serving to motivate family business stakeholders into corrective action before it's too late.\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003eFamily-owned businesses are the backbone of the U.S. economy, responsible for 65 percent of wages paid, adding 78 percent of all new jobs, and contributing over half of the nation's GDP. Unfortunately, less than one-third survive the transition from first to second generation of family ownership. \u003cp\u003e\u003c\/p\u003eNow more than ever, many family businesses are in danger of going under as rising health care costs, lack of access to capital, and increasing costs of doing business shrink profit margins. \u003ci\u003eSink or Swim: How Lessons from the\u003c\/i\u003e Titanic \u003ci\u003eCan Save Your Family Business\u003c\/i\u003e provides critical strategies for identifying and managing risks--obvious and hidden--that threaten family business survival. In part 1 of the book, the authors relate the design, construction, and operation of the ill-fated \u003ci\u003eTitanic\u003c\/i\u003e to the challenges facing family-owned businesses today. Part 2 examines the five fatal flaws that contributed to \u003ci\u003eTitanic\u003c\/i\u003e's sinking and reveals how family firms can have the same vulnerabilities. The final section supplies guidance that will help family-run businesses avoid unanticipated tragedy.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Priscilla M. Cale,David Carine Tate Ph D.\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 0313398348\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9780313398346\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Praeger\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 09\/22\/2011\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 264\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.35lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.30h x 6.40w x 1.10d\u003cbr\u003e\u003cbr\u003e\u003cb\u003eReview Citation(s): \u003c\/b\u003e\u003cbr\u003e\u003ci\u003eReference and Research Bk News\u003c\/i\u003e 12\/01\/2011 pg. 71","brand":"Priscilla M. Cale","offers":[{"title":"Hardcover","offer_id":48086483501311,"sku":"9780313398346","price":65.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_b7ac82c2-ae05-477c-8ce5-67f4727e3517.jpg?v=1769094928","url":"https:\/\/www.whiterainbookhouse.com\/products\/sink-or-swim-priscilla-m-cale-9780313398346","provider":"WR Book House","version":"1.0","type":"link"}