Special Issue: Sibling Rivalry

June 26, 2023 - Issue #92

'Succession' Hits Close to Home at Family Firms '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 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 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 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 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 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 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 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 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.
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Recent
Family Offices Are Booming—But Do They Actually Work?
by Patrik Hayoz, PhD, Bingbing Ge, and Alfredo De Massis / Research Insight

Research still can’t clearly explain when they deliver real value. A review shows what we know, what we don’t, and how families can close the needs-to-services gap. Read more...

What Nonfamily Managers Need From Family Firm Leaders
by Mat Hughes, Alfredo De Massis, Sascha Kraus, Qilin Hu, and Yi-Ying Chang / Research Insight

Vision matters—but so does individualized consideration. This study shows nonfamily managers perform better when CEOs pair transformational leadership with genuine, personalized attention and political skill. Read more...

How Families Can Re-Engage Reluctant Successors Without Pressure
by John Cater, Roland Kidwell, Megan Harper, and Marilyn Young / Research Insight

Successors recommit when roles align with their values, skills, and life stage—and when family dynamics allow earlier experiences to be reinterpreted. Read more...

How Families Shape Successor Motivation—and the Firm’s Long-Term Direction
by Alexandra Dawson / Research Insight

Family firms don’t have goals—people do. The rise and fall of Italy's Florio dynasty shows how successor motivation shapes the balance between growth, legacy, and community—and how families can build more durable, values-led leadership. Read more...

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Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

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From 'Passing Down' to 'Building Up': Rethinking Values in Family Firms
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Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation