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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
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Category:
Applied and Practice
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
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Category:
Theory and Research
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
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Category:
Applied and Practice
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
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Category:
Research Insight
Author:
Andrea Calabrò
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
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Category:
Research Insight
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
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Category:
Commentary
Developing responsible owners in family business
“When owners start talking about their rights rather than their responsibilities, a family business is in trouble“. (Smith Lanier) Introduction Management and organization research and
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Category:
Applied and Practice
Breaking the Glass Ceiling in a Family Business
Despite decades of striving and some progress, women still face a glass ceiling in many tradition-bound family businesses. In this interview with familybusiness.org Editor Kimberly Eddleston,
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Category:
Interviews
Author:
Kimberly Eddleston
Beyond Succession: Family Firms Need a Legacy Plan Too
Succession planning has been a heavily researched topic and buzzword for many years now. However, its lesser-known counterpart -- legacy planning – is becoming a part of many families' personal
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Category:
Applied and Practice
Author:
Aquesha Daniels, Esq.
Successful Successions are Never Smooth
Succession is one of the biggest challenges a family business can face. Many business owners and families assume that the process will be difficult, risky and conflict-prone, as it is indeed.
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Category:
Applied and Practice
Author:
Claudia Binz Astrachan
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