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The Seven Domains of the Family Business: The Journey to a Multigenerational Legacy

The Seven Domains of the Family Business are seven defined events that all families in business encounter along their journey and provides practical solutions to create their multigenerational legacy. This book is designed for family businesses and their professional advisors who wish to challenge the ‘shirtsleeves to shirtsleeves in three generations’ adage that suggests the wealth amassed by a family business in its first generation is lost by the third. The result is the demise of the family business, much to the detriment of family relationships. This is attributed to procrastination or a failure to prepare for the Seven Domains.

USD$34.99

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As an Attorney-at-Law, Family Business and Wealth Advisor, Mediator, Speaker, Author and Trainer, Ria Mankee-Sookram has helped family-owned businesses create their multigenerational legacy. Mankee-Sookram’s book provides insight into the dynamics of family businesses and offers a range of solutions to resolve the challenges they face along their continuum. Each family business will have unlimited first-class access to their own advisor through this book, providing various approaches to fit the needs of their family business. It includes:

Tips for creating an estate plan
Strategies for using governance mechanisms that best serve your family and business
A plan of action for a CEO succession and retirement plan and a next-generation leader development plan
Methods to address disruption and manage risk in the business
Designing an enterprising strategy through entrepreneurship and innovation
Using the ‘ABC’ Technique to resolve conflict in the family and business and develop better communication skills
Strategies for asset protection as a result of marital or partnership breakdown
Approaches to manage health and wellbeing.

This book is also useful for professionals who work with or wish to engage family businesses in the Caribbean. The uniqueness of the culture, traditions and values of the Caribbean people are reflected in their families and businesses. Coming from Trinidad and Tobago within the Caribbean, Mankee-Sookram’s in-depth understanding of the way in which family businesses operate adds insight and a deep richness to the book.

Weight	6.6 oz
Dimensions	5.5 × 0.23 × 8.5 in

"The Seven Domains of the Family Business" is a truly enlightening and empowering read for anyone involved in a family business. Ria’s expertise and wisdom shines through in every page as she presents practical solutions to the challenges faced by family businesses. Her approach to creating a multigenerational legacy is both innovative and insightful, providing families with the tools they need to overcome the 'shirtsleeves to shirtsleeves in three generations' adage. This book has transformed the way I approach my family business, and I now feel equipped to navigate any obstacles that may come our way. Highly recommended!

Patricia D.

As a professional advisor to family businesses, I have found "The Seven Domains of the Family Business" to be an invaluable resource. Mankee-Sookram's deep understanding of the dynamics of family businesses is evident throughout the book, and her practical strategies for creating a multigenerational legacy are nothing short of inspiring. The tips and techniques she shares, from estate planning to conflict resolution, have already made a significant impact on the families I work with. This book is a must-read for anyone seeking to build a lasting and successful family business.

Sarah S.

Ria’s in-depth understanding of our region's culture and values adds a unique and enriching perspective to the challenges faced by Caribbean family businesses. "The Seven Domains of the Family Business" offers practical and tailored solutions to create a lasting legacy that aligns with the Caribbean way of life. As a family business owner myself, I am grateful for the invaluable insights and strategies provided in this book. It has given me a renewed sense of purpose and direction for our family business.

Dinesh R.

"The Seven Domains of the Family Business" is a comprehensive guide that has helped me address the challenges of my family business head-on. You can see Ria’s expertise and dedication in every chapter. The book covers all aspects of family business management, from CEO succession planning to resolving conflicts and protecting assets. The 'ABC' Technique for conflict resolution has been particularly helpful in improving communication within our family and business. I highly recommend this book to anyone looking to create a thriving and lasting family business.

Rajiv K.

Ria Mankee-Sookram's book is a true gem for family businesses seeking to build a legacy that transcends generations. This book offers a wealth of strategies and tools to address the unique challenges faced by family businesses. As a next-generation leader in my family business, I have found the succession planning and leadership development insights particularly valuable. This book is a must-read for anyone passionate about ensuring their family business's long-term success and unity.

Mark S

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The Seven Domains of the Family Business: The Journey to a Multigenerational Legacy

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