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Advice for Family Business Successors: Be Humble and Curious

  David Bentall found out the hard way that his leadership of his family's construction and real estate firm wasn't working: his own uncle removed him from the company. Losing his job was a Read More...

Category: Interviews

Author: Kimberly Eddleston

It’s Complicated: Managing Succession in Cases of Divorce and Adoption

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

Your Family Needs An Emergency Succession Plan

As we all know, successions and family business succession planning are rarely easy, but unexpected transitions pose a significant risk to family businesses. When Herbert Fisk Johnson, Sr., the Read More...

Category: Commentary

Author: David Deeds

The Family Business 'Generation Gap' Can Undermine Success

The upcoming generation of family firm leaders often don't see things the same way as their parents and grandparents do. Professor Peter Jaskiewicz has explored this disconnect deeply in his new book Read More...

Category: Interviews

Author: Kimberly Eddleston

How Family Firms Can Prevent (or Cool Down) Sibling Rivalries

Stories abound about sibling rivalries and family business conflict that have harmed family businesses and the families behind them. For instance, Charles and David Koch were sued by their brothers, Read More...

Category: Applied and Practice

Authors: Jonas Ruzek and Kimberly Eddleston

Family Business Succession Planning: 10 Golden Rules

There is no one-size-fits-all approach to family business succession planning. Every situation is different and every family is uniquely complex. However, some principles appear to transcend culture Read More...

Category: Applied and Practice

Authors: Tom Rüsen , Torsten Groth and Arist von Schlippe

Playing the Succession Game to Ensure Family Business Continuity

By Shital Jayantilal, Silvia Ferreira Jorge and Tomas M. Banegil Palacios Family businesses are especially conflict-prone, since sibling rivalry and other emotional undercurrents sometimes cloud Read More...

Category: Research Insight

Authors: Shital Jayantilal , Sílvia Jorge and Tomas M. Bañegil Palacios

Successful Successions are Never Smooth

Succession is one of the biggest challenges a family business can face. Many business owners and families assume that family business succession planning will be difficult, risky and conflict-prone, Read More...

Category: Applied and Practice

Author: Claudia Binz Astrachan

How to Plan for a Successful Succession

Nothing succeeds like success, the saying goes. But for family businesses, it’s smart family business succession planning that can be the key to sustaining the company in the future and keeping it Read More...

Category: Features

Author: Richard Eisenberg