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In our work with business families, we encounter a wide range of approaches for establishing financial targets and making financial business decisions. Interestingly, such practices often diverge Read More...
Category: Applied and Practice
Authors: Claudia Binz Astrachan and Anneleen Michiels
Adam looked at the customer standing at the counter in the wine cellar in disbelief. He couldn’t believe what he was hearing. He found the customer’s comments to be slightly rude. Adam felt anger Read More...
Category: Research Insight
Authors: Dr. Ayoosha Saleem , Francesco Barbera , Simon de Jong and Arvid Hoffmann
Have you heard this before? “If it wasn’t for my in-laws, our family would be fine!” Such frustrated statements are typically followed by rants about how someone spends too lavishly, does not Read More...
Category: Applied and Practice
Authors: Claudia Binz Astrachan , Joseph Astrachan and Torsten Pieper
For better or worse, our genetics and childhood experiences spill into our adult lives -- and in the case of family businesses, they affect how we view our family coworkers and the wealth our Read More...
Category: Interviews
Author: Kimberly Eddleston
It is your worst nightmare. You’ve passed away, and now your adult children no longer speak to each other. Circumstances around your death have destroyed the family you spent your life building, Read More...
Category: Features
Author: Patrick O'Brien
HBO The HBO hit series "Succession" -- detailing the family business conflict, backstabbing, jealousy and double-dealing at the fictitious family-run media empire Waystar Royco --has won several Read More...
Category: Interviews
Author: Kimberly Eddleston
Part 2 of a two-part series. Read part 1 here . Family business succession planning is a difficult process – and it is even more challenging in cases where divorce and adoption complicate family Read More...
Category: Research Insight
Authors: Leona Rethmann and Nadine Kammerlander
Successful, long-lasting business families share an understanding of what is important to them, what they want to do together, and how they want to work together to achieve their collective goals and Read More...
Category: Applied and Practice
Authors: Tom Rüsen , Isabel C Botero , Arist von Schlippe and Torsten Groth
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
Part 1 of 2 -- Family business succession planning clearly is among a family business’s most challenging events and plenty of experts have weighed in on how to do it right. However, most of Read More...
Category: Applied and Practice
Authors: Nadine Kammerlander and Leona Rethmann