The book The Paradox of Choice , written by Barry Schwartz and first published in 2004, posits that people, in general, suffer a loss of happiness because we have too much choice in everything we
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The founders of many longstanding family businesses likely had parents who insisted on responsibility and let them learn from their mistakes. This is not so today -- the era of helicopter
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Assessments, tests, and evaluations are being used more routinely in businesses, and new tools are coming on the market designed specifically for family firms. In our consulting work with families
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From left, Jeanne Plumley, her daughter Rebecca Miller and Rebecca's daughter Ellery Editor’s note: This article is part of Lessons from Leaders, a Next Avenue initiative made possible by the
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Between COVID, supply chain issues, armed invasions, unstable markets, and the great resignation with millions of workers leaving the workforce (Parker & Menasce Horowitz, 2022) – or, more
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Words like “non-active” or “passive” are misnomers for family business members that work elsewhere. On the contrary, these “satellite” family members are quite active and beneficial to
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Today women hold leadership positions in government, head up Fortune 500 companies, and oversee countless philanthropic programs. Yet in many successful family businesses, the roles of women remain
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While the holidays are supposed to bring magic and joy to people’s lives, they are also an immense source of family business conflict, anxiety, and stress. Family can be the root cause of this
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Family businesses and the families that own them are known for their secrecy and discretion. Keeping a “low profile” can provide useful benefits -- for example, shelter from business
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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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