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Developing Competent Owners and Stewards for a Lasting Family Business

The ultimate goal of many enterprising families is growing a prospering organization stewarded by a committed group of united family owners. And while many succeed in developing a successful Read More...

Category: Applied and Practice

Author: Claudia Binz Astrachan

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

'Let’s Not Go There...' Taboos in Family Business

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 Read More...

Category: Applied and Practice

Authors: Tom Rüsen and Torsten Pieper

Retirement Options and their Consequences for Small Business Owners

Pierre, a Swiss bakery co-owner for four decades, left his business behind when he reached age 65, the eligible retirement age in Switzerland. He was looking forward to leaving seven-day workweeks Read More...

Category: Applied and Practice

Authors: Valeria Alterman and Ariane Froidevaux

Divorce Can Hollow out a Family Business — But it Doesn’t Have to

With Bill and Melinda Gates’ divorce making headlines across the globe, many are wondering how the split will affect their joint business dealings — especially the Gates Foundation, which they Read More...

Category: Applied and Practice

Authors: Kimberly Eddleston and Jonas Ruzek

Innovating With Agility: Tips and Tricks for Resurgence and Growth

Part two of a two-part series. As new cases of COVID-19 emerge around the world (as of late July, 2021), the disease continues to remind us that the only certainty is uncertainty -- a theme I Read More...

Category: Applied and Practice

Author: Mat Hughes

The Best Family Business Boards Embrace Candor and 'Necessary Endings'

Second of a two-part series From our studies evaluating the effectiveness of boards at family firms, we’ve seen first-hand how strong boards can help family businesses be more successful. In Read More...

Category: Applied and Practice

Authors: Claudia Binz Astrachan , Joseph Astrachan and Hermut Kormann

Getting Your Family Business Ready for the 'New Normal'

Part one of two Eighteen months into the COVID-19 pandemic, we are seeing signs of a return to something resembling normality. Vaccination programs are now underway at a substantial pace, and Read More...

Category: Applied and Practice

Author: Mat Hughes

How Women Family Business Leaders Are Thriving in Morocco

For generations, grandmothers, mothers, daughters and aunts have played informal, behind-the-scenes but important roles in family businesses worldwide. They have provided critical emotional support Read More...

Category: Applied and Practice

Authors: Dora Jurd de Girancourt and Thami Ghorfi

Should You Brand Your Family Business? Evidence from Research and Practice

Should you join the growing number of family businesses that proudly promote the fact that they are (and have been) family owned – for decades, some even for centuries? Or do you prioritize your Read More...

Category: Applied and Practice

Author: Claudia Binz Astrachan