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Around the globe, advertisements for family businesses regularly include expressions like: “Our family serving yours for the last three generations” and, “Our name on the product guarantees its Read More...
Category: Commentary
Authors: Jonas Ruzek , Ben Cooper and Kimberly Eddleston
Janme Sinha became intrigued by family business conflict and dynamics when a distraught friend confided that his recently deceased father had left all of the shares of the family business to his Read More...
Category: Commentary
Author: Kimberly Eddleston
Should family members work outside the family business before joining? Experts have long recommended that this is the best (and only!) way for the next generation to learn the skills and knowledge Read More...
Category: Commentary
Authors: Joseph Astrachan , Isabel C Botero , Carol Wittmeyer and Claudia Binz Astrachan
Between COVID, supply chain issues, armed invasions, unstable markets, and the great resignation with millions of workers leaving the workforce (Parker & Menasce Horowitz, 2022) – or, more Read More...
Category: Commentary
Authors: Lars B. Sonderegger , Claudia Binz Astrachan and Joseph Astrachan
The Merck family business dates back to this apothecary, founded in 1668. The German Merck family has succeeded where many business families have failed: Keeping a group of 319 family members, Read More...
Category: Commentary
Authors: Tom Rüsen , Claudia Binz Astrachan and Frank Stangenberg-Haverkamp
Like all kinds of firms, family businesses have undergone a culture shock because of the pandemic. After starting out in the pandemic’s early days as a survival mechanism, remote work is now Read More...
Category: Commentary
Author: Jay Mulki
While start-ups are typically known for their innovation, family businesses are seen as mired in traditions and stuck in the past. But recent research shows that the next generation of leadership can Read More...
Category: Commentary
Authors: Klaus Lüber and Nadine Kammerlander
Lavazza. Alessi. Olivetti. Campari. These brands evoke images of products, advertisements, or memories of our past: the aroma of Lavazza coffee or an Alessi coffee maker at work, the sound of keys on Read More...
Category: Commentary
Authors: Peter Trümmel , Vittoria Magrelli and Alfredo De Massis
EIX Executive Editor David Deeds is a professor in the Department of Entrepreneurship, the Schulze Endowed Chair in Entrepreneurship and research director of the Schulze School of Entrepreneurship at Read More...
Category: Commentary
Author: David Deeds
Around the globe, family businesses are grappling with the effects of inflation, now at its highest level in 40 years. A recent NFIB report noted that over 30% of business owners feel inflation is Read More...
Category: Commentary
Author: Kimberly Eddleston