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Developing responsible owners in family business

“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

Understand Your Family Firm's Core Strengths and Weaknesses

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

How Family Business Leaders Can Encourage Both Devotion and Performance

Family businesses have unique strengths and unique problems because they blend two identities -- "family" and "business" -- whose priorities are often at odds. While the family identity nurtures Read More...

Category: Applied and Practice

Authors: Roland Kidwell and Kathryn Kloepfer

The 'Fredo Factor:' How Deadbeats and Troublemakers Hurt Family Businesses

The Corleones of "Godfather" fame are an extreme example of a “family business.” But like many family businesses, they have a family member who is a serious hindrance to their business, is less Read More...

Category: Applied and Practice

Author: Kimberly Eddleston

The Leadership Traits Shared by Successful Entrepreneurs

This paper is based on a research process used by social anthropologists while investigating a new cultural phenomenon.  It involves walking the streets, peeking around corners, observing Read More...

Category: Applied and Practice

Authors: Michael Glauser and Dan Holland

Entrepreneurial Brinkmanship: Lessons Learned from Best Buy and FedEx

Entrepreneurial startups have the advantage of nimbleness that comes from being small and collaborative. They are a speedboat compared to the corporate barges they compete against in the early stages Read More...

Category: Applied and Practice

Author: James C Wetherbe