Our Latest Articles

April 08, 2024 - Issue #115

A Charismatic Family Business Founder Can Be a Tough Act to Follow A Charismatic Family Business Founder Can Be a Tough Act to Follow For family businesses, a popular leader can bring many benefits, but can make it challenging to manage succession. An advisor offers strategies.
Research-Based Advice for Family Businesses: Our 10 Best-Read Articles Research-Based Advice for Family Businesses: Our 10 Best-Read Articles We've partnered with top researchers to bring their insights to our wide audience of family business owners and leaders. These articles resonated the most with readers.
Family Business Succession: Your Questions Answered Family Business Succession: Your Questions Answered This new page of FamilyBusiness.org answers many of your most important questions about succession and has links to dozens of articles.
Why Do We Treat Strangers Better Than Family Members? Why Do We Treat Strangers Better Than Family Members? A family business consultant explores this question, and shares advice on managing conflict, setting boundaries, and cultivating more kindness within the family.
Kimberly Eddleston The Next Generation's Embrace of AI Kimberly Eddleston

This PwC Global survey shows that future family business leaders are more optimistic than the current generation about what AI can help them accomplish.

Mitzi Perdue Discusses Family Connections
What If Activists Target My Company? What If Activists Target My Company? Social and environmental activism can be a blessing in disguise that helps new ventures find opportunities and older companies innovate.
How to Encourage Devotion Among Nonfamily Employees How to Encourage Devotion Among Nonfamily Employees Good things happen when employees identify with the firm, participate in decision-making and feel loyalty -- and certain combinations of the three are most effective.
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Recent
Give Future Leaders Exposure to Critical Roles
by Kimberly Eddleston / Interviews

A job rotation program gives next-gens both hands-on experience and a working knowledge of different departments and important outside relationships. Read more...

New Family Business CEOs Must Claim the Seat, Not Just Inherit the Title
by Dr. Benjamin Ritter / Practice Insight

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. Read more...

What Family Businesses in Africa Can Teach Us About Women Leaders
by Jan-Philipp Ahrens, Maria Giuseppina Bruna, Cinzia COLAPINTO, and Salam SAMI / Research Insight

Large family firms in countries such as Ghana, Kenya, and Madagascar show that women’s leadership can thrive when families widen their view of succession. Read more...

When Keeping the Business in the Family No Longer Makes Sense
by Allan Sandham and Isabell Stamm / Research Insight

A study of German family businesses showed that as intra-family succession becomes more difficult, families are increasingly open to selling — and intermediaries are emerging to help match owners with outside buyers. Read more...

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Things to Consider When Transferring Family Business Ownership
by Susan Lanz, Gary Burke, Kajsa Haag, and Omid Omidvar
How Family Dynamics Shape Family Businesses
by Joseph Astrachan and Claudia Binz Astrachan
Editorial offices located at St Thomas University

Editorial offices located at St Thomas University