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
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Over the years, Noah Alper, 75, has started and run five businesses and a nonprofit school. Four of his ventures — including Noah's Bagels and the natural food and housewares chain Bread &
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As we all know successions are rarely easy, but unexpected transitions pose a significant risk to family businesses. When Herbert Fisk Johnson, Sr., the leader of SC Johnson, died unexpectedly in
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Janme Sinha became intrigued by family business dynamics when a distraught friend confided that his recently deceased father had left all of the shares of the family business to his brother. In
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EEA Consulting Engineers is an employee-owned firm in Austin, Texas. Like all engineering companies— and many other businesses—its success depends entirely on its people. So you’d expect the
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Between COVID, supply chain issues, armed invasions, unstable markets, and the great resignation with millions of workers leaving the workforce (Parker & Menasce Horowitz, 2022) – or, more
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In their aim to raise the next generation of family business leaders, parents often question if their parenting style is effective. They often ask themselves: Am I being too lenient or too strict? Am
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The Merck family business dates back to this apothecary, founded in 1668. The German Merck family has succeeded where many business families have failed: Keeping a group of 319 family members,
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Like all kinds of firms, family businesses have undergone a culture shock because of the pandemic. After starting out in the pandemic’s early days as a survival mechanism, remote work is now
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Despite the COVID-19 pandemic being mostly behind us, many organizations, particularly family-led small and medium-sized businesses (SMEs), are still grappling with the fallout. During a crisis or
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