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Member since 2019
Family Business Editor, Reviewer -

Claudia Binz Astrachan

Head of Governance Practice at Generation 6 | Family Enterprise Advisors / Lucerne School of Business / Affiliated Researcher at Jönköping University (CeFEO) and Witten/Herdecke University

Authored Resources

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. Read More...
COVID-19: Understanding the Board’s Key Role During a Crisis
The board must balance the interests of family and business, and help build and preserve commitment and continuity when tough decisions must be made. Read More...
How Values-Based Communication Can Promote Racial Justice and Equality
Messages that proclaim solidarity can backfire if they are perceived as opportunism rather than a genuine commitment to the cause. Is your company walking the talk? Read More...
Category: Commentary
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. Read More...
Category: Commentary
Research Reveals How Business Families Have Coped With COVID-19
Researchers surveyed more than 1,000 family businesses around the world to see how they're handling the pandemic. Here is what they learned. Read More...
Category: Research Insight
Four Things that the Best Family Business Boards Do Well
Independent directors hold others accountable and encourage change even when firmly entrenched relationships or operating philosophies make it seem impossible. Read More...
Should You Brand Your Family Business? Evidence from Research and Practice
Touting its family ownership may help a firm impress some stakeholders, but may deter others. The family must be strategic in its branding efforts. Read More...
The Best Family Business Boards Embrace Candor and 'Necessary Endings'
Boards are there to help you be more successful. Here's more advice on how family business leaders can harness their board's full potential. Read More...
Developing Competent Owners and Stewards for a Lasting Family Business
Educating family members to become such competent, responsible stewards of the family enterprise is a responsibility, and not a choice. Read More...
The Hybrid Workplace is Here to Stay: 5 Ways to Make it Work
Elon Musk is swimming against a global tidal wave of employee sentiment about how work gets done. Why it's best to go with the flow. Read More...
What All Family Businesses Can Learn From the Merck Family
The Germany-based global health care, pharmaceutical and performance materials firm has kept its vast family ownership team aligned for 13 generations. Read More...
Category: Commentary
Family CEO Burnout: How to Prevent, Recognize and Deal With It
How can leaders keep themselves from getting worn down or recognize burnout in themselves? And what should family members do if they see their leader struggling? Read More...
Category: Commentary
Don't Send Your Kids to Work Outside the Family Business Just Yet!
It's naturally assumed that future leaders should toil in the trenches somewhere else first, but this has some significant drawbacks. Read More...
Category: Commentary
Why Don't You Educate Your Owners?
Everyone agrees that families should train members to become competent owners and stewards of the family business – but few of them actually walk the talk. Read More...
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