Our Latest Articles

March 11, 2024 - Issue #108

Better Let Your Brother Do It:  Men Are Still Preferred in CEO Successions Better Let Your Brother Do It: Men Are Still Preferred in CEO Successions 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.
How to Defuse and Recover From Family Business Conflict How to Defuse and Recover From Family Business Conflict A clinical psychologist and family business advisor shares tips for cutting through emotions and focusing on conflict rationally and productively.
Perceptions of Family Firms Vary by Country: Why This Matters Perceptions of Family Firms Vary by Country: Why This Matters 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.
Helping Next-Gens Envision Their Family Firm’s Future Success Helping Next-Gens Envision Their Family Firm’s Future Success 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.
Mat Hughes Studying Family Businesses and ESG Mat Hughes

The Family Business Research Foundation is looking for UK family firms that have embraced ESG (environmental, social and governance) for a study that aims to share best practices.

Advice for New Family Business Leaders
Unforeseen Crisis Made These Family Businesses Stronger Unforeseen Crisis Made These Family Businesses Stronger The COVID-19 pandemic forced six German family firms to reckon with their identities, positioning and strategies -- and transform themselves for the better.
Innovating Without Hallucinating: Making AI Your Partner in Creativity Innovating Without Hallucinating: Making AI Your Partner in Creativity Generative AI can help you size up an opportunity, but you still need to control it to prevent flights of fancy and separate the doable from the unrealistic.
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Your Investment Strategy Should Reflect Your Family Values and Goals
by Claudia Binz Astrachan, Anneleen Michiels, Massimo Baù, and Chris Graves / Practice Insight

A family investment policy defines how a family manages its collective financial assets in alignment with its shared values, goals, and risk preferences. Read more...

Ready to Lead: Building Confidence Across Generations
by Paul Edelman / Applied and Practice

When families treat readiness as something they cultivate together, the handoff feels less like a loss and more like a natural next step. Read more...

Define Your Legacy, and Strengthen Your Business and Your Impact
by Matthew Fox, Kimberly Wade-Benzoni, and Jeffrey Covin / Research Insight

Unless you clearly define what you want your legacy to be, your successors will interpret it in their own way -- and it might not be what you intended.  Read more...

The World is Changing Faster Than Your Strategy
by Torsten Pieper, Claudia Binz Astrachan, Francesco Chirico, and Annika Ehlers / Research Insight

Families that learn to use their cohesion, trust, and long-term orientation as strengths can implement strategies more effectively than their non-family peers, especially in times of uncertainty. Read more...

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Things to Consider When Transferring Family Business Ownership
by Susan Lanz, Gary Burke, Kajsa Haag, and Omid Omidvar
Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

Popular
How Family Dynamics Shape Family Businesses
by Joseph Astrachan and Claudia Binz Astrachan
Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation