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How to Handle the Stress of Entrepreneurship

Many older Americans dream about working for themselves. Yet new business owners often find entrepreneurship stressful, especially during the lean start-up years. Fortunately, experts say that while Read More...

Category: Features

Author: Nancy Collamer

When the Family Leaves the Business, Can Their Values Remain?

We already know that family firms differ from non-family firms by their powerful commitment to core values that subordinate profit to other goals. While non-family companies use rationality and Read More...

Category: Research Insight

Authors: Roy Suddaby , Wilson Ng , Natalia Vershinina , Gideon Markman and Matthew Cadbury

Succession, Money, and Relationships Were Top-10 Topics in 2023

FamilyBusiness.org aspires to be the #1 peer-reviewed resource for thought leadership in family business for owners and leaders, students, and professors. To achieve this goal, we are building a Read More...

Category: Commentary

Authors: Mat Hughes and Kimberly Eddleston

Remote Work, Financing and AI Were Top-10 Topics in 2023

Entrepreneur and Innovation Exchange (EIX) aspires to be the #1 peer-reviewed resource for thought leadership in entrepreneurship and innovation for students, practitioners, and professors. To Read More...

Category: Commentary

Author: Jon Eckhardt

Why Do I Need a Change Management Plan?

  "Change before you have to." This maxim, credited to former General Electric CEO Jack Welch, is a pithy reminder that being able to manage change skillfully is not an option but a necessity Read More...

Category: Features

Author: Rachel Leland

Family Business Patriarchs and Matriarchs: When Is It Time to Move On?

  Successfully handing over a family business to the next generation of leaders requires both careful planning and exquisite timing. The next generation must be competent enough for leadership Read More...

Category: Interviews

Author: Kimberly Eddleston

Punishment, Reward, Control: How Money Shows Up in the Business Family

In popular culture, the portrayal of family businesses in movies and TV shows, such as Ridley Scott’s "House of Gucci" or HBO’s "Succession," often revolves around the pursuit of wealth and the Read More...

Category: Applied and Practice

Authors: Claudia Binz Astrachan and Anneleen Michiels

An Innovation Challenge Can Help Employees Feel More Connected

  PD Instore , which designs and builds product displays that help companies create a great customer experience, found an innovative way to help its employees feel more connected with one Read More...

Category: Interviews

Author: Kimberly Eddleston

Master Three Perilous Stages of Family Business Transition

Succession is the biggest threat to the robust returns of family business ownership . If you don’t master the three perilous stages of transition, you risk damaging your family business and legacy. Read More...

Category: Applied and Practice

Author: Ryan Renteria

Sensemaking and Purpose Drive Innovation and Transformation

For startups and entrepreneur-led businesses, purpose is an outcome of an iterative sensemaking process.  Sensemaking is the underappreciated strategic activity of making sense of what is going Read More...

Category: Applied and Practice

Author: Kevin Fee