Special Issue: Sibling Rivalry

June 26, 2023 - Issue #92

'Succession' Hits Close to Home at Family Firms A family business advisor finds more than a few similarities between the HBO hit and real families. This issue shows how to minimize the rancor.

Advice for Untangling Conflict in a Family Business Janme Sinha of Boston Consulting Group talks about how soft emotional issues and hard business issues can tear families apart.

How Family Dynamics Shape Family Businesses Want your family business to run more smoothly? Examine your own relationships with parents, siblings and other relatives -- and talk to one another often.

How Family Firms Can Prevent (or Cool Down) Sibling Rivalries Koch Industries, McCain Foods and Robert Mondavi were all roiled by sibling battles. These three strategies will help you prevent it.

Future Family Business Owners Can Learn to Manage Conflict This classroom exercise dissects the five approaches to managing disputes, and their likely outcomes.

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.

Lessons From the Perdue and Sheraton Families on Getting Along Mitzi Perdue, author of a book about family businesses and widow of Frank and daughter of a Sheraton Hotels founder, shares lessons about family harmony.

How to Fix Succession Conflicts Stemming From Complicated Families Warring ex-spouses, far-flung families...Part 2 of our two-part series looks at how to fix succession challenges that are already underway.

What Families in Conflict Can Learn from Baseball and Teachers Using a hybrid of mediation and arbitration offers a real chance to preserve family relationships during a difficult period of conflict.

Search & Save Enter search below to create an easy reading list

How All Kinds of Businesses Can Use AI Productively

Female Advisors Can Help Family Businesses

The Making of Successful Female Family-Enterprise Leaders

Are Your Family and Business Thriving Together - Or Undermining Each Other?

Popular Topics

Money

Financing, revenue, profits

Team

Staffing, succession, relationships

Manage

Best practices for running the business

Grow

Increase customers and revenue

Strategy

Making better decisions

Operations

How the best firms run

Recent

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...

by Philipp Jaufenthaler, Andreas Kallmuenzer, Sascha Kraus, and Alfredo De Massis

The Paradox of Choice: Wealth's Impact on Family Potential

by Doug Baumoel

How to Run a Family Business Successfully

by Kerry Hannon

Why Don't You Educate Your Owners?

by Tom Rüsen, Claudia Binz Astrachan, and Ruth Orenstrat

How to Plan for a Successful Succession

by Richard Eisenberg

The Biggest Mistakes Family Businesses Make With Their Boards

by Kimberly Eddleston