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Divorce Can Hollow out a Family Business — But it Doesn’t Have to

With Bill and Melinda Gates’ divorce making headlines across the globe, many are wondering how the split will affect their joint business dealings — especially the Gates Foundation, which they Read More...

Category: Applied and Practice

Authors: Kimberly Eddleston and Jonas Ruzek

Innovating With Agility: Tips and Tricks for Resurgence and Growth

Part two of a two-part series. As new cases of COVID-19 emerge around the world (as of late July, 2021), the disease continues to remind us that the only certainty is uncertainty -- a theme I Read More...

Category: Applied and Practice

Author: Mat Hughes

The Best Family Business Boards Embrace Candor and 'Necessary Endings'

Second of a two-part series From our studies evaluating the effectiveness of boards at family firms, we’ve seen first-hand how strong boards can help family businesses be more successful. In Read More...

Category: Applied and Practice

Authors: Claudia Binz Astrachan , Joseph Astrachan and Hermut Kormann

To Encourage Innovation, Tap the Next Generation of Leaders

In these times of change and uncertainty, one thing is still certain: product-service innovation remains the lifeblood of family firms. Without innovating, pioneering competitors will make existing Read More...

Category: Research Insight

Author: Mat Hughes

Five Things Family Businesses are Reckoning With Now

  Family businesses everywhere are responding to Covid-19 in profound ways, balancing the need to preserve cherished family traditions and social capital against the mandate to control costs at Read More...

Category: Commentary

Authors: Mat Hughes and Alfredo De Massis

Winemakers Provide Lessons on Resilience

Like old vineyards that still produce great wines, older family businesses thrive across many generations developing resilient responses in the face of competition, market shifts and family Read More...

Category: Research Insight

Authors: Alfredo De Massis , Elisa Conz and Peter Lamb

Be Part of An Important Survey About Coping With Covid-19

While the pandemic has created economic turmoil, family and business disruption, and challenges that could last a lifetime, it also presents a unique opportunity to learn and improve family business Read More...

Category: Commentary

Author: Kimberly Eddleston

Surprising reasons owners exit family businesses

Only about a third of family businesses make it to a second generation beyond the founder.  Conventional wisdom says that these firms falter because the owners didn’t have a succession Read More...

Category: Theory and Research

Authors: James Hoffman , Ritch Sorenson and Keith Brigham

Unlocking the Innovation Potential of Family Firms: An Assessment Tool

When it comes to innovation, family firms often are trapped in an “ability–willingness paradox”: the superior ability to innovate is unrealized because of fear of innovation. Our research 1 Read More...

Category: Applied and Practice

Authors: Emanuela Rondi , Alfredo De Massis and Josip Kotlar

Hyannis Country Garden is a Family Business With Deep Roots

This feature and video are part of  America’s Entrepreneurs: Making it Work , a Rewire initiative made possible by the  Richard M. Schulze Family Foundation  and  EIX, the Read More...

Category: Features

Author: Alauna Yust