Our Latest Articles

November 20, 2023 - Issue #102

Here's Why Family Businesses Need Branding Here's Why Family Businesses Need Branding For family firms, branding is not about marketing but about reputation -- how customers, employees, suppliers and others perceive them.
Keep the Founder's Entrepreneurial Spirit Alive in Future Generations Keep the Founder's Entrepreneurial Spirit Alive in Future Generations While entrepreneurship often creates the family's wealth, making it part of the family culture and legacy is another matter entirely. Here's how.
Good Intentions Can Sow Dysfunction at Family Businesses Good Intentions Can Sow Dysfunction at Family Businesses A family business advisor talks about what well-meaning families get wrong about succession, conflict, and salaries, and what they can learn from watching "Cake Boss."
Help Your Family Business by Helping Others Help Your Family Business by Helping Others Philanthropy can be a catalyst for leadership development, and generate support and good will towards the business in the community.
Do You Treat In-Laws Like the Family Business Outlaws ? Do You Treat In-Laws Like the Family Business Outlaws ? Families differ in their willingness to integrate outsiders into their family circle, but be careful: these actions influence the included or excluded individuals in different ways.
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Family Business Succession, Innovation, and Compensation: What You Need to Know Family Business Succession, Innovation, and Compensation: What You Need to Know A family business scholar and a consultant discuss family values; succession planning; compensation for family and non-family members; and being bold without burning through resources.
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Helping Next-Gens Envision Their Family Firm’s Future Success
by Nadine Kammerlander and Friedrich Kammerlander / Education and Teaching

This classroom exercise seeks to motivate future family firm leaders to think ahead and design a holistic vision of their family firm in 10-15 years, covering many different (and potentially conflicting) aspects of it. Read more...

Better Let Your Brother Do It: Men Are Still Preferred in CEO Successions
by Jan-Philipp Ahrens, Melania Riefolo, Annegret Hauer, and Katharina Siegert / Research Insight

At 800 German firms, 81% chose sons over daughters in succession decisions -- and the presence of first-born sons also made them exclude outside candidates. Read more...

Unforeseen Crisis Made These Family Businesses Stronger
by Rebecca Alguera Kleine, Bingbing Ge, and Alfredo De Massis / Research Insight

The COVID-19 pandemic forced six German family firms to reckon with their identities, positioning and strategies -- and transform themselves for the better. Read more...

Perceptions of Family Firms Vary by Country: Why This Matters
by Philipp Jaufenthaler, Oliver Koll, Reinhard Prügl, and Maximilian Lude / Research Insight

Firms that signal they are family-run are usually seen as better quality and enjoy higher levels of trust, except in places like India where they're everywhere. Read more...

Trending
Developing responsible owners in family business
by Torsten Pieper and Joseph Astrachan
Why Don't You Educate Your Owners?
by Tom Rüsen, Claudia Binz Astrachan, and Ruth Orenstrat
Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

Popular
When the Family Leaves the Business, Can Their Values Remain?
by Roy Suddaby, Wilson Ng, Natalia Vershinina, Gideon Markman, and Matthew Cadbury
Punishment, Reward, Control: How Money Shows Up in the Business Family
by Claudia Binz Astrachan and Anneleen Michiels
Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation