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Developing Competent Owners and Stewards for a Lasting Family Business
The ultimate goal of many enterprising families is growing a prospering organization stewarded by a committed group of united family owners. And while many succeed in developing a successful Read More...
How Thought Leadership Can Help the Heir Get Respect
  Handing off the leadership of a family business is never easy, especially when the heir is viewed as entitled to the crown, rather than deserving of it. This interview with Robert Buday, Read More...
Getting Along: Straight Talk from a Family Business Veteran
  Carl Beauregard, former President of Beauregard Equipment, has worked side by side with his father and three brothers, and has 15 younger relatives who could be involved in running the Read More...
How Family Firms Can Prevent (or Cool Down) Sibling Rivalries
“Siblings are our partners and rivals, our first friends, and our first enemies.”  Dr. Erica Goldblatt Hyatt, Rutgers University Stories abound about sibling rivalries that have harmed Read More...
Retirement Options and their Consequences for Small Business Owners
Pierre, a Swiss bakery co-owner for four decades, left his business behind when he reached age 65, the eligible retirement age in Switzerland. He was looking forward to leaving seven-day workweeks Read More...
The Making of Successful Female Family-Enterprise Leaders
Based on interviews with 46 female family firm successors from 13 countries around the globe, we distill patterns of how the female successors were raised, how their career paths looked like, what Read More...
10 Golden Principles to Guide Your Succession Planning
There is no one-size-fits-all approach to family business succession. Every situation is different and every family is uniquely complex. However, some principles appear to transcend culture and other Read More...
Succession: Don't Assume Your First-Born is the Anointed One
  Succession is a defining moment in all family businesses, and making the right choice about who is going to be the next CEO can be critical to survival. Tradition, previous choices, and Read More...
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...
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...

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