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Only about a third of family businesses make it to a second generation beyond the founder. Conventional wisdom says that these firms falter because the owners didn’t have a succession Read More...
Category: Theory and Research
Authors: James Hoffman , Ritch Sorenson and Keith Brigham
learn about the business and the responsibilities of ownership, and gain skills in management, leadership Read More...
Category: Applied and Practice
Authors: Tom Rüsen , Isabel C Botero , Arist von Schlippe and Torsten Groth
eight different interdependent factors that affect how the succession process unfolds: each child’s leadership Read More...
Category: Research Insight
Authors: Shital Jayantilal , Sílvia Jorge and Tomas M. Bañegil Palacios
What do these successful transitions in leadership have in common? Read More...
Category: Applied and Practice
Author: Claudia Binz Astrachan
FamilyBusiness.org aspires to be the #1 peer-reviewed resource for thought leadership in family business Read More...
Category: Commentary
Authors: Mat Hughes and Kimberly Eddleston
outside the family firm, and that falls short of the sense of duty and stewardship they need for leadership Read More...
Category: Interviews
Author: Kimberly Eddleston
attitudes about money are shaped and reinforced, especially as successor generations prepare for leadership Read More...
Category: Interviews
Author: Kimberly Eddleston
Many people make the mistake of thinking that family businesses are simple businesses. Nothing could be further from the truth. The coexistence of two systems with differing ways of thinking—the Read More...
Category: Commentary
Author: Salvatore Sciascia
Establish an executive compensation policy for bringing in new family member leadership before the next Read More...
Category: Research Insight
Authors: Roland Kidwell , Anneleen Michiels and Isabel C Botero