Practice Insight
Practice insights are articles submitted by practitioners, such as entrepreneurs, consultants, managers, and venture investors. These articles undergo editorial review but are not peer reviewed.
Executive coaching and leadership consulting solve different problems. Learn when to use each, how they differ, and how to get better results from both. Leadership has never been more demanding. Read More...
Category: Practice Insight
Author: Amanda Bell
Handing over a family business doesn't mean agreeing with every decision. Here are five ways to support your successor without undermining their authority. You handed over the business to your child, Read More...
Category: Practice Insight
Author: Dr. Benjamin Ritter
Coaches help individual family members grow; consultants solve problems affecting the entire family business. Learn when to hire each and how they can work together. The family enterprise field has Read More...
Category: Practice Insight
Authors: Doug Baumoel and Amanda Bell
Political differences can turn dangerous when family members begin dismissing one another’s business judgment based on political identity. Imagine a family business meeting about how to reduce Read More...
Category: Practice Insight
Author: Paul Edelman
Consultants often create their greatest value in ways families do not expect. They help families uncover what is really keeping them stuck, facilitate difficult conversations, coordinate with other Read More...
Category: Practice Insight
Authors: Holly Eddleston and Kimberly Eddleston
Interviewee: Claudia Binz Astrachan , David Karofsky , Dennis Jaffe , Doug Baumoel , Greg McCann , Joe Astrachan , John Davis , Maria Sinanis , Shay Harris-Pierre
The Value Chain, PESTEL, and Competitive Analysis can help entrepreneurs understand where they create value, anticipate market shifts, and compete more effectively. In a previous EIX article I Read More...
Category: Practice Insight
Author: Joseph Giglio
A strong valuation is not enough. Families need to understand the emotional, relational, and governance consequences of selling before they commit. For many family businesses, selling is no longer Read More...
Category: Practice Insight
Author: Paul Edelman
When a successor becomes CEO, the title may change overnight — but authority, identity, and trust do not. Next-generation leaders must act like the CEO before they feel like one. A successor takes Read More...
Category: Practice Insight
Author: Dr. Benjamin Ritter
Founder resistance is often more complicated than control. Empathy can help families understand what founders are trying to protect — and what their continued involvement may be preventing. Read More...
Category: Practice Insight
Author: Paul Edelman
Families often struggle to decide whether shares should be divided equally among children or reflect leadership, sacrifice, and “sweat equity.” In family businesses, few conversations generate Read More...
Category: Practice Insight
Authors: Claudia Binz Astrachan , Lindsay Hardie and Joseph Astrachan