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When the Family Leaves the Business, Can Their Values Remain?

We already know that family firms differ from non-family firms by their powerful commitment to core values that subordinate profit to other goals. While non-family companies use rationality and Read More...

Category: Research Insight

Authors: Roy Suddaby , Wilson Ng , Natalia Vershinina , Gideon Markman and Matthew Cadbury

Succession, Money, and Relationships Were Top-10 Topics in 2023

FamilyBusiness.org aspires to be the #1 peer-reviewed resource for thought leadership in family business for owners and leaders, students, and professors. To achieve this goal, we are building a Read More...

Category: Commentary

Authors: Mat Hughes and Kimberly Eddleston

Family Business Patriarchs and Matriarchs: When Is It Time to Move On?

  Successfully handing over a family business to the next generation of leaders requires both careful planning and exquisite timing. The next generation must be competent enough for leadership Read More...

Category: Interviews

Author: Kimberly Eddleston

Punishment, Reward, Control: How Money Shows Up in the Business Family

In popular culture, the portrayal of family businesses in movies and TV shows, such as Ridley Scott’s "House of Gucci" or HBO’s "Succession," often revolves around the pursuit of wealth and the Read More...

Category: Applied and Practice

Authors: Claudia Binz Astrachan and Anneleen Michiels

An Innovation Challenge Can Help Employees Feel More Connected

  PD Instore , which designs and builds product displays that help companies create a great customer experience, found an innovative way to help its employees feel more connected with one Read More...

Category: Interviews

Author: Kimberly Eddleston

Master Three Perilous Stages of Family Business Transition

Succession is the biggest threat to the robust returns of family business ownership . If you don’t master the three perilous stages of transition, you risk damaging your family business and legacy. Read More...

Category: Applied and Practice

Author: Ryan Renteria

How to Build a Family Business Portfolio: Your Location Matters

We have always been deeply interested in the topic of why and how business families build up a portfolio of businesses, and how they manage this portfolio successfully in the long run. From many Read More...

Category: Research Insight

Authors: Philipp Sieger , Naveed Akhter and Francesco Chirico

Good Intentions Can Sow Dysfunction at Family Businesses

People wear many hats at family businesses: owners, managers, and family members. All too often, says family business advisor Sara B. Stern, they're thinking like family members rather than owners Read More...

Category: Commentary

Authors: Kimberly Eddleston and Sara Stern

Our Family Business YouTube Channel Has Launched!

FamilyBusiness.org, a leading resource for family business owners, entrepreneurs, and anyone interested in learning more about family businesses, is excited to announce the launch of its new YouTube Read More...

Category: Commentary

Author: Jennifer Gessner

Family Business Succession, Innovation, and Compensation: What You Need to Know

Family business succession planning, innovation, salaries, legacy, and values are topics that all business families grapple with at times, especially when they include multiple generations with Read More...

Category: Commentary

Authors: Mat Hughes and R. Adam Smith