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Reviewed by Romuald Dzemo for Readers' Favorite
What does it take to ensure family business continuity into future generations? In Family Business Continuity in the Middle East & Muslim World: Betting Against the Odds, Fadi Hammadeh, a seasoned legal professional and intellectual offers a surprising answer to readers. In elegant and delightful prose, the author exposes the enviable role that family business plays in society in the Middle East and its contribution to the area’s non-oil GDP. In this book, readers will understand the four pillars of successful succession planning, learn strategies on managing family conflict, discover great leadership skills, and find the tools they need to create an effective family business strategy.
Fadi Hammadeh demonstrates a great understanding of the factors that contribute to failure in family business in the Middle East and elsewhere, and provides winning solutions for them. Readers will understand the implications of Sharia law and how it affects family businesses, but most importantly, they will gain the knowledge and the wisdom required to ensure the growth of their families and businesses. The book is filled with insightful thoughts and the author lets his legal experience come through the writing in an eloquent manner. The prose itself is crisp and polished, and readers can feel the compassion of the author from the way he articulates on very sensitive issues. This book is a useful tool from an expert in the field, a work that beautifully captures the author’s confidence and desire to help business owners. Family Business Continuity in the Middle East & Muslim World: Betting Against the Odds will give readers what they need to run their business in a milieu that is complex in its laws and in a world that is swiftly outgrowing itself.