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Wealth Can be Hazardous to Future Family Business Leaders
Preparing the next generation for leadership is an important mission for family businesses. But all too often, the comfortable lifestyle that family wealth makes possible does not do the younger
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Category:
Interviews
Author:
Kimberly Eddleston
From left to right, Kieran Culkin, Jeremy Strong, Sarah Snook and Brian Cox in HBO's "Succession." | Credit: Photograph by Graeme Hunter/HBO Editor’s note: This article
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Category:
Features
Author:
Richard Eisenberg
Succession Planning Should Start Earlier Than You Think
Family businesses everywhere are responding to the succession challenge in profound ways. Preserving cherished family traditions and relationships is just as important as preserving the wealth of the
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Category:
Commentary
How to Fix Succession Conflicts Stemming From Complicated Families
Part 2 of a two-part series. Read part 1 here . Succession is a difficult process – and it is even more challenging in cases where divorce and adoption complicate family constellations. In
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Category:
Research Insight
Advice for Family Business Successors: Be Humble and Curious
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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Category:
Interviews
Author:
Kimberly Eddleston
Developing Your Business Family Strategy: Where to Start and What to Consider
Successful, long-lasting business families share an understanding of what is important to them, what they want to do together, and how they want to work together to achieve their collective goals and
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Category:
Applied and Practice
It’s Complicated: Managing Succession in Cases of Divorce and Adoption
Part 1 of 2 Succession clearly is among a family business’s most challenging events and plenty of experts have weighed in on how to do it right. However, most of their recommendations are based on
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Category:
Applied and Practice
Thicker Than Water: Balancing Individual Career Goals and the Family Business
With family-owned businesses accounting for a whopping share of the economy, the nature of family members’ individual career development in that sector is important and interesting. How indeed do
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Category:
Research Insight
Your Family Needs An Emergency Succession Plan
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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Category:
Commentary
Author:
David Deeds
Over My Dead Body: The Unseen Influence of Wives on Succession
Around the world, women have risen to the upper echelons of family businesses. But among women who are wives of the family business leader, even those involved in the business themselves, attitudes
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Category:
Research Insight
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