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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Recent
Selling the Family Business? Prepare the Family for What Comes Next
by Susana Quintás / Applied and Practice

A business sale changes more than ownership. Families must also rethink governance, roles, wealth, identity, and purpose after the company is gone. Read more...

How Family Business Succession Shapes Innovation in the Next Generation
by Ludovica Del Barone, Maria Annosi, Filomena Buonocore, and Evelyn Micelotta / Research Insight

Research on 16 family businesses reveals why some successors build on the previous generation’s innovations while others rarely or never innovate. Read more...

When Political Differences Threaten the Family Business
by Paul Edelman / Practice Insight

Political differences can turn dangerous when family members begin dismissing one another’s business judgment based on political identity. Read more...

Why Every Family Business Leader Needs a Peer Group
by Justin Smith / Applied and Practice

More than 300 peer-group meetings show what happens when family business leaders have a trusted place to talk with people who truly understand their challenges. Read more...

Trending
How Family Dynamics Shape Family Businesses
by Joseph Astrachan and Claudia Binz Astrachan
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
'Family-Owned' or 'Family-Run'? The Words You Use Can Affect Customer Trust
by Sabrina Finkbeiner, Jan-Philipp Ahrens, Christoph Burmann, and Michael Schade
Consumers Love Local Brands. That's Good News For Family Businesses
by Philipp Jaufenthaler, Andreas Kallmuenzer, Sascha Kraus, and Alfredo De Massis
Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation