Our Latest Articles

September 18, 2023 - Issue #97

Will Your In-Laws Help or Hurt Your Family Business? Will Your In-Laws Help or Hurt Your Family Business? As the Gucci and royal families show, in-laws can complicate things. Here's how family businesses can benefit from their perspectives and minimize conflict.
Why Family Businesses Must Mind the (Generation) Gap Why Family Businesses Must Mind the (Generation) Gap Older leaders should be curious about how next-gens view the world, and younger leaders-to-be should have patience with their elders and honor what they've created.
What If a Hedge Fund Invests in my Family Business? What If a Hedge Fund Invests in my Family Business? At many publicly traded firms, the presence of activist investors forces them to innovate. This didn't hold true at the family businesses we studied.
Founders: Let Next-Gens be Entrepreneurial Founders: Let Next-Gens be Entrepreneurial Rania Labaki, a professor at the EDHEC Business School in France and director of its Family Business Center, says that founders must allow their future leaders to have an entrepreneurial spirit.
Attract and Retain the Best People As You Grow Attract and Retain the Best People As You Grow Small firms growing into midsized need a new approach to talent. Give current employees the skills they need to help you grow, and make your firm a desirable place to work.
The Paradox of Choice: Wealth's Impact on Family Potential The Paradox of Choice: Wealth's Impact on Family Potential We tend to think that opportunity serves only to increase available choices. But when we think more broadly, it’s not hard to see how increased opportunity can also limit choice.
Small and Medium-Sized Firms Are Less Prepared for Crises Small and Medium-Sized Firms Are Less Prepared for Crises Research found that they often lack the resources to assess their risk and plan for the worst -- putting their financial health at risk when disaster strikes.
Kimberly Eddleston What to Do When It's Your Turn to Lead Kimberly Eddleston

Your relatives spent years, maybe decades, building a business, and now it's your turn to take over. Fear and self-doubt are normal. Here's how to take over the reins with confidence.

Search & Save Enter search below to create an easy reading list
Recent
Helping Next-Gens Envision Their Family Firm’s Future Success
by Nadine Kammerlander and Friedrich Kammerlander / Education and Teaching

This classroom exercise seeks to motivate future family firm leaders to think ahead and design a holistic vision of their family firm in 10-15 years, covering many different (and potentially conflicting) aspects of it. Read more...

Better Let Your Brother Do It: Men Are Still Preferred in CEO Successions
by Jan-Philipp Ahrens, Melania Riefolo, Annegret Hauer, and Katharina Siegert / Research Insight

At 800 German firms, 81% chose sons over daughters in succession decisions -- and the presence of first-born sons also made them exclude outside candidates. Read more...

Unforeseen Crisis Made These Family Businesses Stronger
by Rebecca Alguera Kleine, Bingbing Ge, and Alfredo De Massis / Research Insight

The COVID-19 pandemic forced six German family firms to reckon with their identities, positioning and strategies -- and transform themselves for the better. Read more...

Perceptions of Family Firms Vary by Country: Why This Matters
by Philipp Jaufenthaler, Oliver Koll, Reinhard Prügl, and Maximilian Lude / Research Insight

Firms that signal they are family-run are usually seen as better quality and enjoy higher levels of trust, except in places like India where they're everywhere. Read more...

Trending
Developing responsible owners in family business
by Torsten Pieper and Joseph Astrachan
Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

Popular
When the Family Leaves the Business, Can Their Values Remain?
by Roy Suddaby, Wilson Ng, Natalia Vershinina, Gideon Markman, and Matthew Cadbury
Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation