SEARCH RESULTS
First of a two-part series Can you quantify your board’s contribution to the performance of your family business? Even if you can’t put a number on it, you should have a keen sense of how much Read More...
Category: Applied and Practice
Authors: Claudia Binz Astrachan , Joseph Astrachan and Hermut Kormann
There is no one-size-fits-all approach to family business succession planning. Every situation is different and every family is uniquely complex. However, some principles appear to transcend culture Read More...
Category: Applied and Practice
Authors: Tom Rüsen , Torsten Groth and Arist von Schlippe
Either a private family business conflict ends up in the courts, or gets settled by alternative methods involving third-party neutrals – usually mediation and arbitration. These neutral parties can Read More...
Category: Applied and Practice
Authors: Michael Carrell and Louis Manchise
Family businesses are unique, with many advantages that stand them in good stead during times of crisis. While there are unique strengths for family-owned firms working in a world changed by Read More...
Category: Applied and Practice
Author: Doug Baumoel
“When owners start talking about their rights rather than their responsibilities, a family business is in trouble“. (Smith Lanier) Introduction Management and organization research and Read More...
Category: Applied and Practice
Authors: Torsten Pieper and Joseph Astrachan
Women can be indispensable in times of trouble, but the glass ceiling and the glass cliff still hold them back, even at family firms. Seven things to think about. Crisis is part of every Read More...
Category: Applied and Practice
Author: Rania Labaki
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
The coronavirus pandemic has had massive repercussions on the global economy and trade. Global economic growth is expected to shrink by about 2 per cent per month, while global trade is Read More...
Category: Applied and Practice
Authors: Tulsi Jayakumar and Alfredo De Massis
Family businesses are often seen as foundational businesses in their respective communities, providing time, energy, and financial resources and gifts. Doing good is no doubt good marketing, but Read More...
Category: Applied and Practice
Author: Whitney Peake
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