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94-525: Hotel Monteleone is a family-owned and operated hotel located at 214 Royal Street in the French Quarter of New Orleans , Louisiana, U.S. The hotel includes the only high-rise building in the interior French Quarter and is well known for its Carousel Piano Bar & Lounge , a rotating bar. Built in 1886 in the Beaux-Arts architectural style with an eclectic flair, Hotel Monteleone

188-465: A B.A. in political science in 1964. Their daughter Michele, later nicknamed "Mouse", was born to the couple on September 21, 1966, and Rice later interrupted her graduate studies at SFSU to become a PhD candidate at the University of California, Berkeley . She soon became disenchanted with the emphasis on literary criticism and the language requirements. In her words: "I wanted to be a writer, not

282-573: A secular humanist . Rice's books have sold over 100 million copies, making her one of the best-selling authors of modern times. While reaction to her early works was initially mixed, she gained a better reception with critics in the 1980s. Her writing style and the literary content of her works have been analyzed by literary commentators. She was married to poet and painter Stan Rice for 41 years, from 1961 until his death from brain cancer in 2002 at age 60. She and Stan had two children, Michele, who died of leukemia at age five, and Christopher , who

376-754: A $ 12,000 advance of the hardcover rights, at a time when most new authors were receiving $ 2,000 advances. Interview with the Vampire was published in May 1976. In 1977, the Rices traveled to both Europe and Egypt for the first time. Following the publication of Interview with the Vampire , while living in California, Rice wrote two historical novels, The Feast of All Saints and Cry to Heaven , along with three erotic novels ( The Claiming of Sleeping Beauty , Beauty's Punishment , and Beauty's Release ) under

470-498: A child to have strange names". When Rice was fifteen years old, her mother died as a result of alcoholism. Soon afterward, she and her sisters were placed by their father in St. Joseph Academy . Rice described St. Joseph's as "something out of Jane Eyre ... a dilapidated, awful, medieval type of place. I really hated it and wanted to leave. I felt betrayed by my father." In November 1957, Rice's father married Dorothy Van Bever. On

564-544: A constant rate of one revolution every 15 minutes. During the 1950s and 1960s, the Carousel Bar was also the site of a popular nightclub, the Swan Room, where musicians such as Liberace and Louis Prima performed. The Carousel Bar was originally installed in 1949. 29°57′15″N 90°04′06″W  /  29.9542°N 90.0682°W  / 29.9542; -90.0682 Family business A family business

658-456: A family business will also show maturity of the business. If all the shares rest with one individual, a family business is still in its infant stage, even if the revenue is strong. Anne Rice Anne Rice (born Howard Allen Frances O'Brien ; October 4, 1941 – December 11, 2021) was an American author of gothic fiction , erotic literature , and Bible fiction . She is best known for writing The Vampire Chronicles . She later adapted

752-657: A family business. The economic prevalence and importance of this kind of business are often underestimated. Throughout most of the 20th century, academics and economists were intrigued by a newer, “improved” model: large publicly traded companies run in an apparently rational, bureaucratic manner by well trained “organization men.” Entrepreneurial and family firms, with their specific management models and complicated psychological processes, often fell short by comparison. Privately owned or family-controlled enterprises are not always easy to study. In many cases, they are not subject to financial reporting requirements, and little information

846-533: A family firm in case a family controls more than 50% of the voting rights. For a publicly listed firm, a firm is classified as a family firm in case the family holds at least 32% of the voting rights. Family owned businesses account for over 30% of companies with sales over $ 1 billion. In a family business, two or more members within the management team are drawn from the owning family. Family businesses can have owners who are not family members. Family businesses may also be managed by individuals who are not members of

940-403: A founder intends to transfer ownership in the family business to their four children, two of whom work in the business, how do they balance these unequal differences? The four siblings need a system to do this themselves when the founder is no longer involved. The third situation is when there are multiple owners and some or all of the owners are not in management. Given the situation above, there

1034-639: A friend until she found work as an insurance claims processor. She persuaded her former roommate from Texas Woman's University, Ginny Mathis, to join her, and they found an apartment in the Haight-Ashbury district. Mathis acquired a job at the same insurance company as Rice. Soon after, they began taking night courses at University of San Francisco , an all-male Jesuit school that allowed women to take classes at night. For Easter vacation Anne returned home to Texas, rekindling her relationship with Stan Rice. After her return to San Francisco, Stan Rice came for

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1128-678: A gated community in Kenner, Louisiana . "Simplifying my life, not owning so much, that's the chief goal", said Rice. "I'll no longer be a citizen of New Orleans in the true sense." She sold two New York City condominiums in March and April 2005. After completing Christ the Lord: Out of Egypt , Rice left New Orleans in 2005 shortly before the events of Hurricane Katrina in August. None of her former New Orleans properties were flooded, and Rice remained

1222-461: A journalism class while they were both students at Richardson High School . Graduating from Richardson High in 1959, Rice completed her first year at Texas Woman's University in Denton and transferred to North Texas State College for her second year. She dropped out when she ran out of money and was unable to find employment. Soon after, she moved to San Francisco and stayed with the family of

1316-659: A large portion of her library collection to Powell's Books . Rice publicly announced her disdain for the current state of Christianity on her Facebook page on July 28, 2010: Today I quit being a Christian.... I remain committed to Christ as always but not to being 'Christian' or to being part of Christianity. It's simply impossible for me to 'belong' to this quarrelsome, hostile, disputatious, and deservedly infamous group. For ten years, I've tried. I've failed. I'm an outsider. My conscience will allow nothing else. Shortly thereafter, she clarified her statement: My faith in Christ

1410-442: A literature student." Rice returned to San Francisco State in 1970 to finish her studies in creative writing and graduated with an M.A. in 1972. Stan Rice became an instructor at San Francisco State shortly after receiving his own M.A. in creative writing from the institution, and later chaired the creative writing department before retiring in 1988. Her daughter was diagnosed with acute granulocytic leukemia in 1970, while Rice

1504-458: A prime source of wealth creation and employment. In some countries, many of the largest publicly listed firms are family-owned. A firm is said to be family-owned if a person is the controlling shareholder; that is, a person (rather than a state, corporation, management trust, or mutual fund) can garner enough shares to assure at least 20% of the voting rights and the highest percentage of voting rights in comparison to other shareholders. Some of

1598-496: A small hotel on the corner of Royal and Iberville streets. When the nearby Commercial Hotel became available for purchase, Monteleone took the opportunity to expand. Since then, Hotel Monteleone has experienced five major expansions. Thirty rooms were added in 1903. Then, in 1908, 300 more rooms were added and the hotel's name was changed from the Commercial Hotel to Hotel Monteleone. In 1913, Antonio Monteleone died, and

1692-541: A sudden diabetic coma; that same year she returned to the Roman Catholic Church, which she'd left at 18." Her return did not come with a full embrace of the Church's stances on social issues; Rice remained a vocal supporter of equality for gay men and lesbians (including marriage rights ), as well as abortion rights and birth control , writing extensively on such issues. While promoting her book Christ

1786-583: A sustained gay allegory ... I didn't set out to do that, but that was what they perceived. So even when Christopher was a little baby, I had gay readers and gay friends and knew gay people, and lived in the Castro district of San Francisco, which was a gay neighborhood." Rice's writings have also been identified as having had a major impact on later developments within the genre of vampire fiction . "Rice turns vampire conventions inside out", wrote Susan Ferraro of The New York Times . "Because Rice identifies with

1880-1091: A vocal advocate for the city and related relief projects. After leaving New Orleans, Rice first settled in La Jolla , California, describing the weather there as "like heaven" in November 2005. She left La Jolla less than a year after moving there, stating in January 2006 that the weather was too cold. She purchased a six-bedroom home in Rancho Mirage, California in late 2005 and moved there in 2006, allowing her to be closer to her son in Los Angeles. Rice auctioned off her large collection of antique dolls at Thierault's in Chicago on July 18, 2010. Rice also auctioned off her wardrobe, jewelry, household possessions and collectibles featured in her many books on eBay starting in mid-2010 through early 2011. She sold

1974-652: A week-long visit during summer break. He returned to Texas, Rice moved back in with the Percys, and Mathis left San Francisco in August to enroll in a nursing program in Oklahoma. Some time later, Anne received a special delivery letter from Stan Rice asking her to marry him. They married on October 14, 1961, in Denton, Texas, soon after she turned twenty years old, and when he was just weeks from his nineteenth birthday. The Rices moved back to San Francisco in 1962, experiencing

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2068-446: Is a higher chance that the interests of the two off-spring not employed in the family business may be different from the interests of the two who are employed in the business. Their potential for differences does not mean that the interests cannot be aligned, it just means that there is a greater need for the four owners to have a system in place that differences can be identified and balanced. There appear to be two main factors affecting

2162-528: Is a historic landmark and a member of Historic Hotels of America , the official program of the National Trust for Historic Preservation . The hotel has 570 guest rooms, including 50 suites. Antonio Monteleone arrived in New Orleans from Sicily around the year 1880. A cobbler by trade, Monteleone set up shop on Royal Street, then a center of commerce and banking. In 1886, Monteleone purchased

2256-486: Is also an author. Rice also wrote books such as The Feast of All Saints (adapted for television in 2001) and Servant of the Bones , which formed the basis of a 2011 comic book miniseries. Several books from The Vampire Chronicles have been adapted as comics and manga by various publishers. She authored erotic fiction under the pen names Anne Rampling and A. N. Roquelaure, including Exit to Eden , which

2350-452: Is central to my life. My conversion from a pessimistic atheist lost in a world I didn't understand, to an optimistic believer in a universe created and sustained by a loving God is crucial to me. But following Christ does not mean following His followers. Christ is infinitely more important than Christianity and always will be, no matter what Christianity is, has been, or might become. Following her announcement, Rice's critique of Christianity

2444-497: Is every single flaw in our hygiene and you can't control it and you go crazy." In August 1974, after a year of therapy for her OCD, Rice attended the Squaw Valley Writer's Conference at Squaw Valley , conducted by writer Ray Nelson . While at the conference, Rice met her future literary agent, Phyllis Seidel. In October 1974, Seidel sold the publishing rights to Interview with the Vampire to Alfred A. Knopf for

2538-520: Is fine, as long as they continue to be managed by people who are steeped in the traditions, or at least able to adapt to them. Often family members can benefit from involving more than one professional advisor, each having the particular skill set needed by the family. Some of the skill sets that might be needed include communication, conflict resolution , family systems, finance, legal, accounting, insurance, investing, leadership development, management development, and strategic planning . Ownership in

2632-404: Is made public about financial performance. Ownership may be distributed through trusts or holding companies, and family members themselves may not be fully informed about the ownership structure of their enterprise. However, as the 21st-century global economic model replaces the old industrial model, government policy makers, economists, and academics turn to entrepreneurial and family enterprises as

2726-452: Is often "long, convoluted, and imprecise". The New York Times critic Michiko Kakutani wrote: "Anne Rice has what might best be described as a Gothic imagination crossed with a campy taste for the decadent and the bizarre." In June 1988, following the success of The Vampire Lestat and with The Queen of the Damned about to be published, the Rices purchased a second home in New Orleans,

2820-469: Is often used to show the three principal roles in a family-owned or -controlled organization: Family, Ownership and Management. This model shows how the roles may overlap. Everyone in the family (in all generations) obviously belongs to the Family circle, but some family members will never own shares in the family business, or ever work there. A family member is concerned with social capital (reputation within

2914-488: Is that family, ownership, and business roles involve different and sometimes conflicting values, goals, and actions. For example, family members put a high priority on emotional capital—the family success that unites them through consecutive generations. Executives in the business are concerned about strategy and social capital—the reputation of their firm in the marketplace. Owners are interested in financial capital—performance in terms of wealth creation. A three-circles model

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3008-521: Is the oldest and most common model of economic organization. The vast majority of businesses throughout the world—from corner shops to multinational publicly listed organizations with hundreds of thousands of employees—can be considered as family businesses. Based on research of the Forbes 400 richest Americans, 44% of the Forbes 400 member fortunes were derived by being a member of or in association with

3102-435: Is to recognise the issues that they face, understand how to develop strategies to address them and more importantly, to create narratives, or family stories that explain the emotional dimension of the issues to the family. The most intractable family business issues are not the business problems the organisation faces, but the emotional issues that compound them. Many years of achievement through generations can be destroyed by

3196-503: Is why the story of the Incarnation is so important to me, the story of Jesus being born amongst us, growing up amongst us, working and sweating and struggling as we do, and dying amongst us before he rose from the dead and ascended into Heaven. I write about outsiders seeking redemption in one form or another and always will. Rice died from complications of a stroke at a hospital in Rancho Mirage, California , on December 11, 2021, at

3290-526: The Lives of the Mayfair Witches trilogy. She also published Violin , a tale of a ghostly haunting, in 1997. Rice appeared on an episode of The Real World: New Orleans that aired in 2000. Rice began another series called Christ the Lord: Out of Egypt , published in 2005, chronicling the life of Jesus. After moving to Rancho Mirage, California in 2006, Rice wrote a second volume Christ

3384-494: The LGBT+ community, some of whom have perceived her vampire characters as allegorical symbols of isolation and social alienation. Similarly, a reviewer writing for The Boston Globe , observed that the vampires of her novels represent "the walking alienated, those of us who, by choice or not, dwell on the fringe". On the subject, Rice commented: "From the beginning, I've had gay fans, and gay readers who felt that my works involved

3478-648: The Vampire Chronicles , titled, Prince Lestat , a "true sequel" to Queen of the Damned . The book was released on October 28, 2014. In 2015, a sequel to the Sleeping Beauty trilogy, Beauty's Kingdom , was released. Following its debut in 1976, Interview with the Vampire received mixed reviews from critics at this time, causing Rice to retreat temporarily from the supernatural genre. When The Vampire Lestat debuted in 1985, reaction—both from critics and from readers—was more positive, and

3572-478: The first volume in the series into a commercially successful eponymous film, Interview with the Vampire (1994). Born in New Orleans , Rice spent much of her early life in the city before moving to Texas , and later to San Francisco . She was raised in an observant Catholic family but became an agnostic as a young adult. She began her professional writing career with the publication of Interview with

3666-661: The pen name A.A. Fair), Ernest Hemingway's "Night Before Battle" (published in The Complete Short Stories of Ernest Hemingway ) Harry Stephen Keeler's The Voice of the Seven Sparrows and John Grisham’s “The Reckoning.” Ernest Hemingway, Tennessee Williams, and William Faulkner made a point of staying at the Hotel Monteleone while visiting New Orleans. During an appearance on The Tonight Show , Truman Capote once claimed that he

3760-554: The 1940s and 1950s ... we attended daily Mass and Communion in an enormous and magnificently decorated church.... Stained-glass windows, the Latin Mass , the detailed answers to complex questions on good and evil—these things were imprinted on my soul forever.... I left this church at age 18.... I wanted to know what was happening, why so many seemingly good people didn't believe in any organized religion yet cared passionately about their behavior and value of their lives.... I broke with

3854-547: The Brevard–Rice House, built in 1857 for Albert Hamilton Brevard. Stan took a leave of absence from his teaching, and together they moved to New Orleans. Within months, they decided to make it their permanent home. Rice returned to the Catholic Church in 1998 after decades of atheism . She fell into a coma, later determined to be caused by diabetic ketoacidosis (DKA), on December 14, 1998, and nearly died. She

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3948-636: The Lord: Out of Egypt in October 2005, Rice announced in Newsweek that she would now use her life and talent of writing to glorify her belief in God, but she did not renounce her earlier works, citing a connection in her earlier work with the state of her spiritual life. In the Author's Note from Christ the Lord: Out of Egypt , Rice states: I had experienced an old-fashioned, strict Roman Catholic childhood in

4042-674: The Lord: The Road to Cana , published in March 2008, and was working on a third Christ the Lord: Kingdom of Heaven in November 2008. She also wrote the first two books in her Songs of the Seraphim series, Angel Time and Of Love and Evil , and her memoir Called Out of Darkness: A Spiritual Confession . On March 9, 2014, Rice announced on her son Christopher's radio show, The Dinner Party with Christopher Rice and Eric Shaw Quinn , that she had completed another book in

4136-460: The Vampire (1976), while living in California, and began writing sequels to the novel in the 1980s. In the mid-2000s, following a publicized return to Catholicism, she published the novels Christ the Lord: Out of Egypt and Christ the Lord: The Road to Cana , fictionalized accounts of certain incidents in the life of Jesus. Several years later she distanced from organized Christianity, while remaining devoted to Jesus. She later considered herself

4230-590: The Witching Hour series, and even in the erotica I’ve written. I believe that people are basically good as Anne Frank put it; I believe the creation is basically good and beautiful; I believe that sex is beautiful and good. I believe our capacity to love, to know pleasure, to want to live lives of meaning — all this reflects the existence of a loving and personal Creator. I dream of all things human being reconciled in our ethical institutions and moral institutions; I dream of all of us being redeemed in every way. This

4324-400: The additional planning task of balancing family and business demands. There are five critical issues where the needs of the family and the demands of the business overlap—and require parallel planning action to ensure that business success does not create a family or business disaster. Fairness is a fundamental issue in family business decision-making. Solutions that are perceived as fair by

4418-628: The age of 22. Rice, an admitted alcoholic, and her husband, Stan Rice, quit drinking in mid-1979 so their son would not have the life that she had as a child. In 2008, Rice posted a YouTube video to celebrate 28 years of her sobriety. Rice cited Charles Dickens , Virginia Woolf , John Milton , Ernest Hemingway , William Shakespeare , the Brontë sisters , Jean-Paul Sartre , Henry James , Arthur Conan Doyle , H. Rider Haggard , and Stephen King as influences on her work. She repeatedly returned to King's Firestarter for inspiration: "I study

4512-478: The age of 80. According to a statement from Rice's son Christopher Rice , the family planned to inter her at the family mausoleum at Metairie Cemetery in New Orleans. Rice was laid to rest in January 2022. The Rice Family Mausoleum is also the burial site of Rice's husband Stan Rice and daughter Michele. One side of the tomb is stained glass, the other three sides are engraved with Stan Rice's poems from his books "False Prophet" and "Some Lamb". The mausoleum

4606-550: The birth of the hippie movement firsthand as they lived in the Haight-Ashbury district, Berkeley , and later the Castro District . "I'm a totally conservative person", she later told The New York Times : "In the middle of Haight-Ashbury in the 1960s, I was typing away while everybody was dropping acid and smoking grass. I was known as my own square." Rice attended San Francisco State University and obtained

4700-642: The business passed to his son Frank, who in 1928 added 200 more rooms, a year before the stock market crash that presaged the Great Depression . One of the few family-owned hotels in the nation to survive the Depression, Hotel Monteleone remained unchanged until the fourth expansion in 1954. That year the original building was demolished, and the foundation was laid for a new building that would include guest facilities, ballrooms , dining rooms , and cocktail lounges . Frank Monteleone died in 1958 and

4794-466: The business requires those to stay competitive, the interests of the entire family and the business are not aligned. Nepotism has been listed as a problem with family businesses. Forbes writes that "nepotism in family businesses is a phenomenon that has been present for centuries" and that it is "prevalent" in such businesses. Nepotism-based favouritism contributes to a poorer workplace atmosphere and tension, which can impact worker contributions to

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4888-451: The business. Involving someone else to manage the company requires the founder to be more conscious and formal in balancing personal interests with the interests of the business because they can no longer do this alignment automatically—someone else is involved. The second situation is when more than one person owns the business and no single person has the power and support of the other owners to determine collective interests. For example, if

4982-536: The church.... I wrote many novels without my being aware that they reflected my quest for meaning in a world without God. In her memoir Called Out of Darkness: A Spiritual Confession , Rice stated: In the moment of surrender, I let go of all the theological or social questions which had kept me from [God] for countless years. I simply let them go. There was the sense, profound and wordless, that if He knew everything I did not have to know everything, and that, in seeking to know everything, I'd been, all of my life, missing

5076-519: The community), dividends, and family unity. The Ownership circle may include family members, investors and/or employee-owners. An owner is concerned with financial capital (business performance and dividends). The Management circle typically includes non-family members who are employed by the family business. Family members may also be employees. An employee is concerned with social capital (reputation), emotional capital (career opportunities, bonuses and fair performance measures). A few people—for example,

5170-413: The days when his own name had been associated with girls, and perhaps in an effort to give it away, Howard named the little girl Howard Allen Frances O'Brien." Rice became "Anne" on her first day of school, when a nun asked her what her name was. She told the nun "Anne", which she considered a pretty name. Her mother, who was with her, let it go without correcting her, knowing how self-conscious her daughter

5264-433: The development of family business and succession process: the size of the family, in relative terms the volume of business, and suitability to lead the organization, in terms of managerial ability, technical and commitment. Arieu proposed a model in order to classify family firms into four scenarios: political, openness, foreign management and natural succession . Potential successors who had professional experience outside

5358-424: The differing interests of family members and/or the interests of one or more family members on the one hand and the interests of the business on the other hand require the people involved to have the competencies, character and commitment to do this work. Family-owned companies present special challenges to those who run them. They can be quirky, developing unique cultures and procedures as they grow and mature. That

5452-433: The disposition of every single soul. He wasn't going to let anything happen by accident! Nobody was going to go to Hell by mistake. Rice announced that she had made plans to leave New Orleans on her website on January 18, 2004. She cited living alone since the death of her husband and her son moving to California as the reasons for her move. Rice put the largest of her three homes up for sale on January 30, 2004, and moved to

5546-424: The entire point. No social paradox, no historic disaster, no hideous record of injustice or misery should keep me from Him. No question of Scriptural integrity, no torment over the fate of this or that atheist or gay friend, no worry for those condemned and ostracized by my church or any other church should stand between me and Him. The reason? It was magnificently simple: He knew how or why everything happened; He knew

5640-414: The family and business stakeholders are more likely to be accepted and supported. Fair process helps create organizational justice by engaging family members, whether as owners and employees, in a series of practical steps to address and resolve critical issues. Fair process lays a foundation for continued family participation over generations. The challenge faced by family businesses and their stakeholders,

5734-409: The family business is basically owned and operated by one person, that person usually does the necessary balancing automatically. For example, the founder may decide the business needs to build a new plant and take less money out of the business for a period so the business can accumulate cash needed to expand. In making this decision, the founder is balancing his personal interests (taking cash out) with

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5828-436: The family business may decide to leave the firm to found a new one, either with or without the support of the family. Instead, successors tend to be characterized by professional experience only within the family business. The education of potential successors is a critical issue in the succession process because it affects the endowment of managerial capabilities of the firm. If the succession process has been planned in advance,

5922-428: The family enterprise. However, family participation as managers and/or owners of a business can present unique problems because the dynamics of the family system and the dynamics of the business systems are often not in balance. The interests of the entire family may not be balanced with the interests of their business. For example, if a family needs its business to distribute funds for living expenses and retirement, but

6016-447: The family. However, family members are often involved in the operations of their family business in some capacity and, in smaller companies, usually one or more family members are the senior officers and managers. In India, many businesses that are now public companies were once family businesses. Family participation as managers and/or owners of a business can strengthen the company because family members are often loyal and dedicated to

6110-415: The family. It is a useful tool for spotting relationship patterns across generations, and decrypting seemingly irrational behavior. Family myths—sets of beliefs that are shared by the family members—can play important defensive and protective roles in families. Myths help people cope with stress and anxiety and, by prescribing ritualistic behavior patterns, will enable them to establish a common front against

6204-713: The few long-standing, family-owned hotels in the nation. Hotel Monteleone was a favorite of many Southern authors . References to the Hotel Monteleone and its Carousel Bar are included in Tennessee Williams' The Rose Tattoo and Orpheus Descending , Rebecca Wells' Divine Secrets of the Ya-Ya Sisterhood and Little Altars Everywhere , Stephen Ambrose's Band of Brothers , Richard Ford's A Piece of My Heart , Eudora Welty's A Curtain of Green , Gerald Clarke's Capote: A Biography ; Erle Stanley Gardner's Owls Don't Blink (written under

6298-538: The first hardcover edition of the book sold 75,000 copies. Upon its publication in 1988, The Queen of the Damned was given an initial hardcover printing of 405,000 copies. The novel was a main selection of the Literary Guild of America for 1988, and reached the No. 1 spot on The New York Times Best Seller list , staying on the list for more than four months. Rice's novels are well regarded by many members of

6392-469: The founder or a senior family member—may hold all three roles: family member, owner and employee. These individuals are intensely connected to the family business, and concerned with any or all of the above sources of value creation. A genogram is an organization chart for the family. It is an enhanced family tree that shows not only family events like births and deaths, but also indicates the relationships (close, conflicted, cut-off, etc.) among individuals in

6486-419: The incumbent and successor usually show higher levels of satisfaction. Particularly important is the incumbent’s willingness to step down. The incumbent gradually gives away his power to the successor. This happens step by step and may take several years. Such a transfer of power can take the form of the incumbent providing the successor with entrepreneurial resources that foster the firm's innovation. Eventually,

6580-429: The needs of the business (expansion). The assets that are owned by the family, in most family businesses, are hard to separate from the assets that belong to the business. Balancing competing interests often become difficult in three situations. The first situation is when the founder wants to change the nature of their involvement in the business. Usually the founder begins this transition by involving others to manage

6674-430: The next, if the family fails to address the psychological issues they face. Applying psychodynamic concepts will help to explain behaviour and will enable the family to prepare for life cycle transitions and other issues that may arise. Family-run organisations need a new understanding and a broader perspective on the human dynamics of family firms with two complementary frameworks, psychodynamic and family systematic. When

6768-532: The novel Firestarter whenever I'm blocked. Reading the first few pages of Firestarter helps to get me going." In 1973, while still grieving the loss of her daughter (1966–1972), Rice took a previously written short story and turned it into her first novel, the bestselling Interview with the Vampire . She based her vampires on Gloria Holden 's character in Dracula's Daughter : "It established to me what vampires were—these elegant, tragic, sensitive people. I

6862-472: The only other hotels in the U.S. which share this honor. Hotel Monteleone's Carousel Piano Bar & Lounge is the only revolving bar in New Orleans. (For a few decades, there was a rotating cocktail lounge at 2 Canal Street , overlooking the Mississippi River .) The 25-seat carousel bar turns on 2,000 large steel rollers, pulled by a chain powered by a one-quarter horsepower (190 W) motor at

6956-436: The organisation. The interest of one family member may not be aligned with another family member. For example, a family member who is an owner may want to sell the business to maximize their return, but a family member who is an owner and also a manager may want to keep the company because it represents their career and they want their children to have the opportunity to work in the company. The challenge for business families

7050-467: The outside world. They provide a rationale for the way people behave, but because much of what makes up a family myth takes place deep beneath the surface, they also conceal the true issues, problems, and conflicts. Although these family myths can turn into a blueprint for family action, they can also turn into straitjackets, reducing a family's flexibility and capacity to respond to new situations. All businesses require planning, but business families face

7144-436: The parish, to be closer to both the church and support for Katherine's addiction. As a young child, Rice studied at St. Alphonsus School, a Catholic institution previously attended by her father. About her male given names, Rice said: Well, my birth name is Howard Allen because apparently my mother thought it was a good idea to name me Howard. My father's name was Howard, she wanted to name me after Howard, and she thought it

7238-583: The pseudonym A. N. Roquelaure, and two more under the pseudonym Anne Rampling ( Exit to Eden and Belinda ). Rice then returned to the vampire genre with The Vampire Lestat and The Queen of the Damned , her bestselling sequels to Interview with the Vampire . Shortly after her June 1988 return to New Orleans, Rice penned The Witching Hour as an expression of her joy at coming home. Rice also continued her Vampire Chronicles series, which later grew to encompass ten novels, and followed up on The Witching Hour with Lasher and Taltos , completing

7332-457: The question, "How do you follow Christ without a church?" Rice replied: "I think the basic ritual is simply prayer. It's talking to God, putting things in the hands of God, trusting that you're living in God's world and praying for God's guidance. And being absolutely faithful to the core principles of Jesus' teachings." Rice participated in the " I Am Second " project in 2010 with a short documentary about her spiritual journey. Rice stated that she

7426-526: The subject of the couple's first meeting, Rice recalled, "My father wrote her a formal letter inviting her to lunch which I hand-delivered to her house ... I was so nervous. In the note he enclosed a pin which she was to wear if she accepted the invitation. The next day she had the pin on." In 1958, when Rice was sixteen, her father moved the family to north Texas , purchasing their first home in Richardson . Rice first met her future husband, Stan Rice , in

7520-534: The successor gains all the authority and influence while the incumbent steps down, leaves to company completely, or remains as an advisor (Handler, 1990) . An international body called International Council for Family Business (ICFB) having professor Alain Ndedi as Board of Trustees chairman, is assisting worldwide the private sector and non for profit organisations (Universities, Foundations, etc) to develop effective and successful planning process. Successfully balancing

7614-595: The vampire instead of the victim (reversing the usual focus), the horror for the reader springs from the realization of the monster within the self. Moreover, Rice's vampires are loquacious philosophers who spend much of eternity debating the nature of good and evil." Rice's writing style has been heavily analyzed. Ferraro, in a statement typical of many reviewers, described her prose as "florid, both lurid and lyrical, and full of sensuous detail". Others have criticized her writing style as both verbose and overly philosophical. Author William Patrick Day comments that her writing

7708-413: The world's largest family-run businesses are Walmart (United States), Volkswagen Group (Germany), Samsung Group (Korea) and Tata Group (India). The "Global Family Business Index" comprises the largest 500 family firms around the globe. In this index—published for a first time in 2015 by Center for Family Business University of St. Gallen and EY —for a privately held firm, a firm is classified as

7802-570: Was a secular humanist in a Facebook post on April 14, 2013. She said that Christ was still central to her life, but not in the way he is presented by organized religion, in a July 28, 2014, Facebook post. In a later interview with Alice Cooper, she stated: My faith lives in my novels, of course. It lives in every word I write. It lives in my novels about Jesus. Though I’ve moved away from institutional Christianity and organized religion — and all its theological strife — my devotion to Jesus remains fierce. My faith blazes in my vampire novels, and in

7896-470: Was a very interesting thing to do. She was a bit of a Bohemian , a bit of mad woman, a bit of a genius, and a great deal of a great teacher. And she had the idea that naming a woman Howard was going to give that woman an unusual advantage in the world. According to the authorized biography Prism of the Night , by Katherine Ramsland , Rice's father was the source of his daughter's birth name: "Thinking back to

7990-660: Was born in the Hotel Monteleone. (He wasn't; his mother lived at the hotel during her pregnancy, but she safely made it to the hospital in time for Truman's birth.) Anne Rice , Stephen Ambrose , and John Grisham have also stayed at the hotel. In June 1999, the hotel was designated an official literary landmark by the Friends of the Library Association. The Plaza and Algonquin Hotels in New York City are

8084-517: Was commented upon by numerous journalists and pundits. In an interview with the Los Angeles Times , Rice elaborated on her view regarding being a member of a Christian church: "I feel much more morally comfortable walking away from organized religion. I respect that there are all kinds of denominations and all kinds of churches, but it's the entire controversy, the entire conversation that I need to walk away from right now." In response to

8178-460: Was later adapted into a 1994 film . Born in New Orleans on October 4, 1941, Howard Allen Frances O'Brien was the second of four daughters of parents of Irish Catholic descent, Howard O'Brien (1917–1991) and Katherine "Kay" Allen O'Brien (1908–1956). Her father, a naval veteran of World War II and lifelong resident of New Orleans, worked as a personnel executive for the U.S. Postal Service and authored one novel, The Impulsive Imp , which

8272-512: Was later diagnosed with diabetes mellitus type 1 , and was insulin -dependent. Following the advice of her husband, Rice underwent gastric bypass surgery shortly after his death and shed 103 pounds in 2003. Rice nearly died again from an intestinal blockage or bowel obstruction , a common complication of gastric bypass surgery , in 2004. In 2005, Newsweek reported: "She came close to death last year, when she had surgery for an intestinal blockage, and also back in 1998, when she went into

8366-411: Was of her real name. From that day on, everyone she knew addressed her as "Anne", and her name was legally changed in 1947. Rice was confirmed in the Catholic Church when she was twelve years old and took the full name Howard Allen Frances Alphonsus Liguori O'Brien, adding the names of a saint and of an aunt, who was a nun. She said: "I was honored to have my aunt's name, but it was my burden and joy as

8460-487: Was published posthumously. Her older sister, Alice Borchardt , later became an author of fantasy and historical romance novels. Rice spent most of her youth in New Orleans, which forms the backdrop against which many of her works are set. She and her family lived in the rented home of her maternal grandmother, Alice Allen, known as "Mamma Allen", at 2301 St. Charles Avenue in the Irish Channel , which Rice said

8554-496: Was really just going with that feeling when writing Interview With the Vampire . I didn't do a lot of research." After completing the novel and following many rejections from publishers, Rice developed obsessive–compulsive disorder (OCD). She became obsessed with germs, thinking that she contaminated everything she touched, engaged in frequent and obsessive hand washing and obsessively checked locks on windows and doors. Of this period, Rice says, "What you see when you're in that state

8648-459: Was still in the graduate program. Rice later described having a prophetic dream —months before Michele became ill—that her daughter was dying from "something wrong with her blood". Michele died in 1972, shortly before she would have turned six. Rice's son Christopher was born in Berkeley, California, in 1978; he has become a best-selling author in his own right, publishing his first novel at

8742-457: Was succeeded by his son, Bill. In 1964, the fifth and final major expansion saw the addition of more floors, more guest rooms, and a Sky Terrace with swimming pools and cocktail lounges. The hotel was well known as hosting the election campaign headquarters of Governor Edwin Edwards over his four campaigns from 1972 to 1991. In 2011 Bill died and his son William Jr. took over. It remains one of

8836-487: Was widely considered a "Catholic Ghetto". Allen, who began working as a domestic shortly after separating from her alcoholic husband, was an important early influence in Rice's life, keeping the family and household together as Rice's mother sank deeper into alcoholism . Allen died in 1949, but the O'Briens remained in her home until 1956, when they moved to 2524 St. Charles Avenue, a former rectory, convent, and school owned by

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