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
AI Adoption in Family Business: Balancing Trust and Tech
by Doug Gray, PhD / Practice Insight

Using AI can be risky in settings where confidentiality is key, but it can be indispensable in developing innovative services that clients expect. Here's how to harness it safely.  Read more...

A Family Council Can Help Larger Families Stay Connected
by Kimberly Eddleston / Interviews

Consider one if your family business has 15 or more relatives involved, or multiple generations. Read more...

When Family Businesses Should Think Like Private Equity Firms
by Nadine Kammerlander and David Hoeflmayr / Applied and Practice

Adopting all or even some PE investor strategies can add value and enhance competitiveness, especially when a successor takes over or the company may be sold.  Read more...

Your Family’s Mental Model Might Be Fueling Its Conflicts
by Tom Rüsen and Monika Nadler / Practice Insight

Different ways of thinking shape how families make decisions, resolve tensions, and pass leadership across generations. Read more...

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Business Families Must Get Real About Growth and Payouts
by Joseph Astrachan and George Manners
Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

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Tariffs, Turmoil, and Family Tiffs: Navigating the Current Chaos
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How Family Businesses Survive Unexpected ‘Wild Cards’
by Wojciech Czakon, Monika Hajdas, and Joanna Radomska
Too Much Love in the Family Can Hurt
by Ines Herrero and Mat Hughes
Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation