Our Latest Articles

May 07, 2021 - Issue #31

10 Golden Principles to Guide Your Succession Planning 10 Golden Principles to Guide Your Succession Planning While every family business is different, these guidelines can help most firms smooth out the succession process and maintain family relations as a bonus.
Succession: Don't Assume Your First-Born is the Anointed One Succession: Don't Assume Your First-Born is the Anointed One Companies that appointed a second- or subsequent-born child as their next company leader enjoyed a better return on assets than those who picked the first-born, our research showed.
Beyond Succession: Family Firms Need a Legacy Plan Too Beyond Succession: Family Firms Need a Legacy Plan Too A family venture can thrive if its values are passed along to the next generation. Defining those values is the first challenge.
Daughters prepare to lead family firms Daughters prepare to lead family firms Daughters are increasingly assuming leadership roles at family firms. In this video, two future business leaders talk about family expectations, their worries, their hopes for the future and the importance of knowing their value.
Successful Successions are Never Smooth Successful Successions are Never Smooth The people involved expect the conflict, view it as natural and do not let it get in the way of things. Here are four tips for the big handoff.
Special issue: Succession
Surprising reasons owners exit family businesses Surprising reasons owners exit family businesses Concentrate less on succession planning and more on managing conflict and making the firm profitable.
Playing the Succession Game to Ensure Family Business Continuity Playing the Succession Game to Ensure Family Business Continuity Game theory provides a mathematical way to look at sibling competition and its emotional costs -- and suggests insights for achieving the best outcome.
Dennis Jaffe on Managing Transition Dennis Jaffe on Managing Transition

A thought leader in the world of family business shared his thoughts in Forbes on how to manage the shift to the next generation of leadership.

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CEOs Who've Been Mentored Achieve Better Financial Results
by Fabio Quarato, Maria J. Sanchez-Bueno, Domenico Cambrea, Fernando Muñoz-Bullon, and Mario Daniele Amore / Research Insight

Family firms where the departing CEO has mentored the successor enjoyed stronger return on assets.  Read more...

Family Leaders: Can Your Business Still Sail Without You?
by Bradford C. Jeter, CEPA / Practice Insight

Without a map for navigating emergencies and guiding successors after your departure, your business and your legacy could be left adrift. Read more...

5 Practical Tips for Making Business Decisions With Family Members
by Rostyslav Vovk / Commentary

Running a family business doesn’t mean always seeing eye to eye, but you can still overcome challenges, resolve conflicts, and evolve as a team. Read more...

A New Way to Resolve Extreme Conflict in Family Businesses
by Doug Baumoel and Blair Trippe / Applied and Practice

Family members may feel “trapped” in conflicts, unable to resolve substantive issues without damaging their familial relationships. This often leads to disputes that persist for decades.  Read more...

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by Philipp Jaufenthaler, Andreas Kallmuenzer, Sascha Kraus, and Alfredo De Massis
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by Joseph Astrachan and Claudia Binz Astrachan
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by Tom Rüsen, Claudia Binz Astrachan, and Ruth Orenstrat
Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

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Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation