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Non-Family Board Members Bring Perspective and Growth

  What happens at a family firm with shared ownership and leadership? Matt Nielsen, Managing Director of Nielsen-Massey Vanillas International Europe, is candid about the disagreements and Read More...

Category: Interviews

Author: Kimberly Eddleston

Why Does EOS/Traction Work So Well for Family Businesses?

Imagine this not so uncommon family business situation. In a f ourth-generation family business, the transition between the previous generations always went from the father to son in the business: Read More...

Category: Commentary

Author: Sara Stern

A Family Firm Can Be Both an Innovator and a Great Place to Work

Photo Courtesy of Carl Schlenk AG To thrive, family firms need to cultivate loyal, long-term employees, as they ensure a stable and reliable business. At the same time, family firms need to encourage Read More...

Category: Research Insight

Authors: Emanuela Rondi , Ruth Überbacher , Leopold von Schlenk-Barnsdorf , Alfredo De Massis and Marcel Hülsbeck

Four Things that the Best Family Business Boards Do Well

First of a two-part series Can you quantify your board’s contribution to the performance of your family business? Even if you can’t put a number on it, you should have a keen sense of how much Read More...

Category: Applied and Practice

Authors: Claudia Binz Astrachan , Joseph Astrachan and Hermut Kormann

Team Exercise: How Parenting Styles Affect The Next Generation

  Because the family and business are inextricably intertwined in family businesses, parenting plays a critical role in shaping the next generation and their contribution to the family business. Read More...

Category: Education and Teaching

Authors: Kimberly Eddleston and Isabel C Botero

Listen to the Experts: How Family Firms are Surviving the Pandemic

  It has been almost a year since the Covid pandemic rocked the world. While we have seen some family businesses forced to close their doors forever, others have successfully pivoted their Read More...

Category: Commentary

Author: Kimberly Eddleston

Family Businesses Must Plan for the Unthinkable

It's been almost 14 months since the first Covid case was reported and, in that year, a great deal has happened. Very few business owners, particularly in North America, took the potential for a Read More...

Category: Commentary

Author: Joseph Astrachan

A Road Map for Resurgence

The end of the year is typically a time to for EIX and familybusiness.org to showcase their best-read articles from the past year in several broad themes: evaluating opportunities, financing, Read More...

Category: Commentary

Authors: Kimberly Eddleston and Daniel Forbes

Three Strengths that Can Help Family Firms Survive Covid

Family businesses are unique, with many advantages that stand them in good stead during times of crisis. While there are unique strengths for family-owned firms working in a world changed by Read More...

Category: Applied and Practice

Author: Doug Baumoel

Developing responsible owners in family business

“When owners start talking about their rights rather than their responsibilities, a family business is in trouble“.  (Smith Lanier) Introduction Management and organization research and Read More...

Category: Applied and Practice

Authors: Torsten Pieper and Joseph Astrachan