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The Family Firm - Emily Oster

The Family Firm

A Data-Driven Guide to Better Decision Making in the Early School Years

(Autor)

Buch | Softcover
320 Seiten
2021 | International edition
The Penguin Press (Verlag)
978-0-593-29974-6 (ISBN)
17,85 inkl. MwSt
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Emily Oster dives into the data on parenting issues, cuts through the clutter, and gives families the bottom line to help them make better decisions. Good Morning America

A targeted mini-MBA program designed to help moms and dads establish best practices for day-to-day operations." -The Washington Post


From the bestselling author of Expecting Better and Cribsheet, the next step in data driven parenting from economist Emily Oster.

Parenting is a full-time job. It's time we start treating it like one.

In The Family Firm, Brown professor of economics and mom of two Emily Oster offers a classic business school framework for data-driven parents to think more deliberately about the key issues of the elementary years: school, health, extracurricular activities, and more.

Unlike the hourly challenges of infant parenting, the big questions in this age come up less frequently. But we live with the consequences of our decisions for much longer. What's the right kind of school and at what age should a particular kid start? How do you encourage a healthy diet? Should kids play a sport and how seriously? How do you think smartly about encouraging children's independence? Along with these bigger questions, Oster investigates how to navigate the complexity of day-to-day family logistics.

Making these decisions is less about finding the specific answer and more about taking the right approach. Parents of this age are often still working in baby mode, which is to say, under stress and on the fly. That is a classic management problem, and Oster takes a page from her time as a business school professor at the University of Chicago to show us that thoughtful business process can help smooth out tough family decisions.

The Family Firm is a smart and winning guide to how to think clearly--and with less ambient stress--about the key decisions of the elementary school years.

lt;b>Emily Oster is a professor of economics at Brown University and the author of Expecting Better, Cribsheet, and The Family Firm. She writes the newsletter ParentData and her work has been featured in The New York Times, The Wall Street Journal, The Washington Post, The Atlantic, and Bloomberg. She has two children.

1

Creating the "Big Picture"

In his book on families, Stephen Covey, of The 7 Habits of Highly Effective People fame, argues that your family needs a "mission statement." This is a grounding document to highlight your central family values. It's not dissimilar to the mission statement a firm might have. Your central family values may be religious or articulate a family-first focus. They might say something like "Prioritize family time and raise thoughtful kids." Maybe your mission articulates a particular approach to child independence (i.e., are you a free-range parent, or more of a helicopter type?).

You should have such a mission statement! But I'm going to suggest going beyond that and directly addressing the interaction between these broad priorities and concrete decisions. When I talk about creating the family Big Picture, I'm talking about these overall principles, but I'm also talking about confronting "What does Thursday night look like?"

There's a parallel to firms. The statement "Create a great search engine and don't be evil" is perhaps a good mission statement for Google, but it's not a recipe for how to run the firm. Just as "Prioritize family time and raise thoughtful kids" may be a good broad mission, but it doesn't tell you the right bedtime.

These logistical details matter, because if you fail to think about the logistics holistically, you could find yourself almost accidentally in a very different place than you imagined. Each individual choice may seem inconsequential in the moment, but they add up.

Think, for example, about birthdays. Imagine you have three kids, all in school, in classes of twenty kids each. And imagine that each kid in each class has a birthday party. That is sixty birthday parties a year. When each Evite rolls in, you think, "Oh, okay, it's just one birthday party." But by the end of the year, you've spent literally every weekend at Sky Zone, Jump For Fun, Kidz Kastle, or, my personal favorite, Dave & Buster's.

At some point you may think, "Enough is enough," and put the kibosh on attending any more parties that year. But then it's your middle daughter's best friend's birthday and she absolutely has to go. So that's another weekend down.

In economics parlance, your sequential birthday approach means you're making each invite decision "on the margin." But while adding each marginal birthday has a small effect, the aggregate may be, quite simply, not acceptable.

In the grand scheme of things, birthday parties are a minor issue. But this kind of slippery-slope experience can pervade our parenting decisions. You let in one late-night extracurricular, then another, and pretty soon your image of dinner as a family at six every night has vanished. And if this dinner is a priority for you, that's a problem.

It shouldn't escape our notice that failing to articulate these priorities is a recipe for conflict in cases where there are multiple decision makers (say, two parents) in the household. Let's say bedtime by 8:30 is a key priority for me, and I've worked out the family schedule so it happens every night that I'm around. Now imagine that I'm out of town for work and I call my partner at 10 p.m. to learn that the older child is still up, watching The Great British Baking Show.

"WHAT IS THE MATTER WITH YOU?!" I yell through the phone.

"This is your rule, not mine," comes the retort. "You want it done your way? Don't leave town."

What is the problem here? Perhaps many things, but at least one is failing to get on the same page about bedtime as a priority. If you have two (or more!) parents involved in raising a child, they'll inevitably parent at least slightly differently. My husband, for example, adheres much less stringently to the every-other-day bath system than I do. When he's in charge, baths tend to be a little less frequent. And this is okay, because although I have a particular bath system, it'

Erscheinungsdatum
Reihe/Serie The ParentData Series
Zusatzinfo CHARTS AND GRAPHS
Sprache englisch
Maße 152 x 229 mm
Gewicht 352 g
Themenwelt Sachbuch/Ratgeber Gesundheit / Leben / Psychologie Familie / Erziehung
Sachbuch/Ratgeber Gesundheit / Leben / Psychologie Schwangerschaft / Geburt
Sozialwissenschaften Soziologie
Wirtschaft Betriebswirtschaft / Management Unternehmensführung / Management
Schlagworte adolescence • business • business books • Business Plan • Child Development • Creativity • cribsheet • Decision Making • economics books • Empathy • Entrepreneurship • expecting better • Family • family book • family books • Gender • gifts for dads • gifts for moms • gifts for new dads • gifts for new moms • gifts for parents • homeschool • Homeschool books • Homeschooling • Innovation • MONEY • parenting • parenting book • parenting books • Problem Solving • raising boys • raising girls • relationship books • relationships • school books • workbooks
ISBN-10 0-593-29974-4 / 0593299744
ISBN-13 978-0-593-29974-6 / 9780593299746
Zustand Neuware
Informationen gemäß Produktsicherheitsverordnung (GPSR)
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