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EDITOR'S NOTE: This popular article from three years ago is still relevant today. The author has updated it for 2023. Three years ago, we were emerging from a fiercely battled presidential election Read More...
Category: Applied and Practice
Author: Carol Wittmeyer
In May of 2020, Airbnb co-founder and CEO Brian Chesky sent a letter to all Airbnb employees around the world announcing the layoff of nearly 1,900 of the 7,500 employees (referred to as "teammates), Read More...
Category: Commentary
Authors: Tommaso Minola , Mario Salerno and Daniel Agyare
Many family businesses grow and thrive in the first generation because of the passion and commitment of their founders. Successive generations often don’t share that same level of dedication, and Read More...
Category: Research Insight
Authors: Sabine Rau , Sabrina Schell and Arndt Werner
Working in a family firm can be either satisfying or stifling for someone who’s not a relative. Interpersonal relationships can be stronger than they would be in non-family firms, and the work Read More...
Category: Applied and Practice
Authors: Franz Kellermanns , Nicole Gottschalck and Christina Guenther
Walt Disney nailed it when he said that good customer relations begin with good employee relations. Fred Smith, the courageous entrepreneur and founder of FedEx, felt that way too, and his company Read More...
Category: Applied and Practice
Authors: Theodore L. Waldron and James C Wetherbe
The coronavirus pandemic is forcing employees around the world to work from home. Although remote work has existed for decades, it's not ideal for everybody. Many employees who are accustomed to Read More...
Category: Applied and Practice
Author: Jay Mulki
EDITOR'S NOTE: This article was produced in partnership with the Journal of Family Business Strategy, a leading journal in the field of family business, as part of our mission to bring Read More...
Category: Applied and Practice
Authors: Ines Herrero and Mat Hughes
Family firms typically emphasize one of two management approaches: stewardship, which stresses participation, adaptability and family harmony; and agency, which emphasizes discipline, management and Read More...
Category: Commentary
Authors: Kimberly Eddleston , Franz Kellermanns and Roland Kidwell
It's been said that, “Once you have seen one family firm, you have seen just one family firm.” While it’s popular to say that every family firm is unique, as a researcher I take issue with the Read More...
Category: Applied and Practice
Author: Thomas Zellweger
New firms must attract two kinds of resources: talent and money. A recent study that I conducted with Tom Vanacker of Ghent University explored how a new firm's affiliations with venture capital Read More...
Category: Applied and Practice
Author: Daniel Forbes