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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

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

In this interview, Joseph Astrachan – one of the world’s most well-versed experts on dealing with issues pertaining to business families – shares his thoughts on family dynamics and family Read More...

Category: Commentary

Authors: Joseph Astrachan and Claudia Binz Astrachan

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

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

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