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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The Perks and Pitfalls of Hiring Your Parents
by Kimberly Eddleston / Interviews

Allen Esrock of NxtGen Nexus weights in on how to optimize the free labor and other benefits, and how to manage conflicting goals, sibling resentment, and suspicious non-relatives who work for you. Read more...

Justifiable Pride or Arrogance? It Matters for Family Businesses
by Fabian Bernhard / Research Insight

Bragging about your family connection is universally bad, but even pride in your accomplishments must be displayed carefully -- especially in eastern cultures. Read more...

‘SOBs’: The Real Power in Family Businesses
by Naveen Khajanchi / Commentary

Saviors Of the Boss have the trust of company leaders and often serve as their gatekeepers. How to understand them and work with them. Read more...

Craft Ventures are More Successful With a Couple at the Helm
by Jennifer Woolley and Jo-Ellen Pozner / Research Insight

Family firms take note: A study of chocolate makers showed that shared values, commitment, and a long-term outlook are good for both relationships and business.  Read more...

Trending
How Family Dynamics Shape Family Businesses
by Joseph Astrachan and Claudia Binz Astrachan
Why Families and Their Firms Behave Badly
by Roland Kidwell, Kimberly Eddleston, Linda Kidwell, John Cater, and Ellison Howard
Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

Popular
Family Business Succession Planning: 10 Golden Rules
by Tom Rüsen, Torsten Groth, and Arist von Schlippe
How to Pitch Your Startup to Attract Money
by Jonathan Littman and Susanna Camp
Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation