Australia's Dennis Family Corporation professionalizes

Justin Craig, Kenneth Moores

Research output: Chapter in Book/Report/Conference proceedingChapterResearchpeer-review

Abstract

This paper details how the Australia Dennis family has been able to professionalize their family business while still retaining their family values and realizing the founders' vision. We detail how Bert and Dawn Dennis and their four adult offspring decided to amalgamate their associated businesses with the parent company and take on the challenge of professionalizing this new entity. We highlight that, although the four siblings had learnt business, they had to now learn their family business. In (addition, the CEO, Grant Dennis, had to learn to lead the business. As well, the Dennis family had to learn to give up some control to professional management. Bert, as a founder of the business, also had to learn to let go. Comments from family members and key stakeholders are included.
Original languageEnglish
Title of host publicationCulturally-sensitive models of family business in Anglo region
EditorsV. Gupta, N. Levenburg, L.L. Moore, J. Motwani, T.V. Schwarz
Place of PublicationHyderabad, India
PublisherIcfai University Press
Pages137-154
Number of pages18
ISBN (Print)9788131408995
Publication statusPublished - 2008

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    Craig, J., & Moores, K. (2008). Australia's Dennis Family Corporation professionalizes. In V. Gupta, N. Levenburg, L. L. Moore, J. Motwani, & T. V. Schwarz (Eds.), Culturally-sensitive models of family business in Anglo region (pp. 137-154). Hyderabad, India: Icfai University Press.