Phoenix Rising - Leadership + Innovation in the New Economy: Lessons in Long-Term Thinking from Global Family Enterprises

Florence Tsai's book "Phoenix Rising: How Tech-Forward Companies, Institutions, and Non-profits Can Stay Relevant Long Term in Today's Fast-Changing Global Economy" offers strategies for leaders seeking proven strategies to combine innovation and long-term thinking. It explains why seasoned leaders and rising leaders from both family and non-family organizations should join forces for mutual benefit, combining stability and judgment with understanding of new markets and innovative ideas. The book highlights successful family enterprises such as Levi Strauss and Hermès, and how non-family organizations can insert long-term thinking into their DNA by observing how enterprising families with enduring competitive advantages accomplish it. It also profiles legendary Phoenixes, such as Irénée du Pont, David René de Rothschild, and John Elkann, and stories of successful next-generation innovators. The author argues that if we want to be guided by their long-term success, we should pay attention to the pioneer spirit of family leaders and the enterprising culture of families themselves.

Format: Hardback
Length: 182 pages
Publication date: 30 April 2019
Publisher: Taylor & Francis Ltd

In today's rapidly evolving global economy, tech-forward companies, institutions, and non-profits must strive to remain relevant and sustainable over the long term. This book, written for leaders seeking proven strategies, offers valuable insights for both large organizations and family enterprises. By examining the similarities and differences between these two types of businesses, the author proposes a collaborative approach that can benefit both parties.

When survival is threatened by disruption or growth has stagnated, the book highlights the importance of seasoned leaders and rising leaders from both family and non-family organizations joining forces for mutual benefit. By combining innovation and long-term thinking, these groups can overcome challenges and achieve sustainable success.

Florence Tsai, a veteran business advisor and leadership coach, contributes to the field of family business studies with new evolutionary models, organizational frameworks, and case studies of dozens of leading family companies. The book addresses growing problems of disruption, challenges that are best addressed by seasoned and rising leaders working together. Seniors bring stability and judgment, while rising leaders possess a deep understanding of new markets and innovative ideas.

The world's best family enterprises have mastered the art of survival, and this book explores what non-family companies can learn from them. By observing how enterprising families with enduring competitive advantages accomplish long-term success, non-family organizations can insert long-term thinking into the DNA of their organizations. Strategies include developing future-forward mindsets that support innovation culture, nurturing rising leaders, and building strong relationships with stakeholders.

In conclusion, this book provides valuable insights for leaders seeking to stay relevant and sustainable in today's fast-changing global economy. By embracing collaboration and combining innovation and long-term thinking, tech-forward companies, institutions, and non-profits can overcome challenges and achieve long-term success.

Weight: 454g
Dimension: 241 x 153 x 17 (mm)
ISBN-13: 9781138346680