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FamilyBusiness.org Senior Editor Mat Hughes recently appeared on R. Adam Smith’s LinkedIn channel to talk about a challenge that all family businesses face: the pull between the passions and Read More...
Category: Commentary
Authors: Mat Hughes and R. Adam Smith
Strong emotional bonds between family members underpin the success of family businesses. But all too often, being emotionally or geographically distant can weaken those bonds and undermine the Read More...
Category: Commentary
Author: Kimberly Eddleston
The founders of many longstanding family businesses likely had parents who insisted on responsibility and let them learn from their mistakes. This is not so today -- the era of helicopter Read More...
Category: Commentary
Author: Kimberly Eddleston
Family businesses everywhere are responding to the succession challenge in profound ways. Preserving cherished family traditions and relationships is just as important as preserving the wealth of the Read More...
Category: Commentary
Authors: Mat Hughes and Mira Bloemen-Bekx
While boards of directors are common at large firms and nonprofits, family businesses don't always see their value or understand how to use them well. However, according to consultant Read More...
Category: Commentary
Author: Kimberly Eddleston
Many people make the mistake of thinking that family businesses are simple businesses. Nothing could be further from the truth. The coexistence of two systems with differing ways of thinking—the Read More...
Category: Commentary
Author: Salvatore Sciascia
As we all know, successions and family business succession planning are rarely easy, but unexpected transitions pose a significant risk to family businesses. When Herbert Fisk Johnson, Sr., the Read More...
Category: Commentary
Author: David Deeds
While the holidays are supposed to bring magic and joy to people’s lives, they are also an immense source of family business conflict, anxiety, and stress. Family can be the root cause of this Read More...
Category: Commentary
Author: Kimberly Eddleston
In this interview, Joseph Astrachan – one of the world’s most well-versed experts on dealing with issues pertaining to business families – shares his thoughts on family dynamics and family Read More...
Category: Commentary
Authors: Joseph Astrachan and Claudia Binz Astrachan