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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
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
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
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
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
In business, change is inevitable. The ability to adapt to and embrace change is often the linchpin of success. "Embracing it requires a delicate balance of communication, vision and engagement," Read More...
Category: Features
Author: Jennifer Nelson
We have always been deeply interested in the topic of why and how business families build up a portfolio of businesses, and how they manage this portfolio successfully in the long run. From many Read More...
Category: Research Insight
Authors: Philipp Sieger , Naveed Akhter and Francesco Chirico
Professors April Spivack and Michael Morris integrated operating leverage as a component of a firm’s economic input when describing their Entrepreneur’s Profit Model . Operating Read More...
Category: Applied and Practice
Author: Phil Greenwood
People wear many hats at family businesses: owners, managers, and family members. All too often, says family business advisor Sara B. Stern, they're thinking like family members rather than owners Read More...
Category: Commentary
Authors: Kimberly Eddleston and Sara Stern
EDITOR'S NOTE: This article is part of Navigating Change, a Next Avenue initiative made possible by the Richard M. Schulze Family Foundation and EIX . Younger workers are entitled prima donnas who Read More...
Category: Commentary
Author: MP Dunleavey