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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

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

'Succession' Hits Close to Home at Family Firms

HBO The HBO hit series "Succession" -- detailing the family business conflict, backstabbing, jealousy and double-dealing at the fictitious family-run media empire Waystar Royco --has won several Read More...

Category: Interviews

Author: Kimberly Eddleston

How to Fix Succession Conflicts Stemming From Complicated Families

Part 2 of a two-part series. Read part 1 here . Family business succession planning is a difficult process – and it is even more challenging in cases where divorce and adoption complicate family Read More...

Category: Research Insight

Authors: Leona Rethmann and Nadine Kammerlander

It’s Complicated: Managing Succession in Cases of Divorce and Adoption

Part 1 of 2 --  Family business succession planning 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 Read More...

Category: Applied and Practice

Authors: Nadine Kammerlander and Leona Rethmann

The Family Business 'Generation Gap' Can Undermine Success

The upcoming generation of family firm leaders often don't see things the same way as their parents and grandparents do. Professor Peter Jaskiewicz has explored this disconnect deeply in his new book Read More...

Category: Interviews

Author: Kimberly Eddleston

How Family Firms Can Prevent (or Cool Down) Sibling Rivalries

Stories abound about sibling rivalries and family business conflict that have harmed family businesses and the families behind them. For instance, Charles and David Koch were sued by their brothers, Read More...

Category: Applied and Practice

Authors: Jonas Ruzek and Kimberly Eddleston

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...

Category: Research Insight

Authors: Shital Jayantilal , Sílvia Jorge and Tomas M. Bañegil Palacios

Successful Successions are Never Smooth

Succession is one of the biggest challenges a family business can face. Many business owners and families assume that family business succession planning will be difficult, risky and conflict-prone, Read More...

Category: Applied and Practice

Author: Claudia Binz Astrachan