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Family firms often face limits on the financial and human capital available to them. But in Germany, a class of small- to medium-sized businesses known as the "Mittlestand" has learned to transcend Read More...
Category: Commentary
Author: Alfredo De Massis
Joe Brito, the third-generation head of C.B. Utility Co. in Bristol, Rhode Island, started his career in the family business as a laborer. He firmly believes that anybody entering their family Read More...
Category: Commentary
Author: Kimberly Eddleston
Cultures around the world acknowledge just how difficult it can be for a family-run enterprise to sustain itself over time. Many have their own version of the adage that family businesses go from Read More...
Category: Commentary
Author: Robert Sher
While the world around them is changing at a faster and faster pace in the midst of uncertainty, family firms are often a beacon of stability and dependability in our society. Although subject to the Read More...
Category: Education and Teaching
Authors: Franz Kellermanns and Nadine Kammerlander
Today people can no longer count on a steady paycheck in a predictable amount from an employer. We're seeing ever-growing numbers of “unintended entrepreneurs” -- once-employed people forced to Read More...
Category: Education and Teaching
Author: Roy Carriker
It’s been said (ruefully) that Ginger Rogers had to perform the same dance moves as Fred Astaire, only backwards and in high heels. Unfortunately, this also holds true for women seeking Read More...
Category: Theory and Research
Author: Kimberly Eddleston
Perhaps no other family is more synonymous with both capitalism and philanthropy than the Rockefellers. The family ’s fortunes in oil have made it possible for them to invest in initiatives that Read More...
Category: Interviews
Author: Kimberly Eddleston
With ties that bind emotionally and legally, family businesses are different from non-family firms: sensitive, easily disrupted and conflict-prone. But in this interview with FamilyBusiness.org Read More...
Category: Interviews
Author: Kimberly Eddleston
The Corleones of "Godfather" fame are an extreme example of a “family business.” But like many family businesses, they have a family member who is a serious hindrance to their business, is less Read More...
Category: Applied and Practice
Author: Kimberly Eddleston
Ritch Sorenson, Professor of Family Business at the University of St Thomas in Minneapolis, once worked at a bank founded by his grandfather. When it closed, he felt a personal loss that Read More...
Category: Education and Teaching
Author: Ritch Sorenson