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Generative AI Can Help Family Businesses Innovate and Grow

EDITOR'S NOTE: FamilyBusiness.org Senior Editor and EIX contributor Mat Hughes spoke with leading AI researcher and innovation expert Paavo Ritala on how new generative AI technologies like ChatGPT Read More...

Category: Interviews

Authors: Mat Hughes and Paavo Ritala

Generative AI Can Help Grow Your Business

Generative AI technologies like Chat GPT can change knowledge work and improve business functioning, allowing us to grow the business, innovate and create wealth. FamilyBusiness.org Senior Read More...

Category: Interviews

Authors: Mat Hughes and Paavo Ritala

Why Family Businesses Must Mind the (Generation) Gap

  Family businesses are unstoppable when they benefit from the wisdom of founders and older leaders and the forward-thinking, innovative outlook of the next generation. But all too often, these Read More...

Category: Interviews

Author: Kimberly Eddleston

Founders: Let Next-Gens be Entrepreneurial

  A family firm's longevity depends on fresh approaches to doing business, but all too often these fresh insights can clash with the family's entrenched way of doing things. Founders especially Read More...

Category: Interviews

Author: Kimberly Eddleston

How All Kinds of Businesses Can Use AI Productively

This video, also available as a podcast, explores how entrepreneurs, family businesses, startups and others can tap into artificial intelligence to digitize parts of their business and legacy, Read More...

Category: Interviews

Author: Mat Hughes

Family Offices: The Sober Guardians of Family Wealth

Family businesses, and the wealth they create, are run by human beings, who can be impulsive. When the wealth is substantial, often an impartial third party is the best choice to manage this wealth Read More...

Category: Interviews

Author: Kimberly Eddleston

'Succession' Hits Close to Home at Family Firms

HBO The HBO hit series "Succession" -- detailing the family business conflict, backstabbing, jealousy and double-dealing at the fictitious family-run media empire Waystar Royco --has won several Read More...

Category: Interviews

Author: Kimberly Eddleston

One Family, Multiple Businesses: Preserving Harmony and Profits

For business or emotional reasons, sometimes one family ends up with more than one business under its umbrella. An entrepreneurial, ambitious family member may want to launch a new venture, or a Read More...

Category: Interviews

Author: Kimberly Eddleston

Wealth Can be Hazardous to Future Family Business Leaders

  Preparing the next generation for leadership is an important mission for family businesses. But all too often, the comfortable lifestyle that family wealth makes possible does not do the Read More...

Category: Interviews

Author: Kimberly Eddleston

The Biggest Mistakes Family Businesses Make With Their Boards

Family business researcher, lecturer, and advisor Claudia Binz Astrachan has studied first-hand how effective boards of directors steer family business management towards strategies that make the Read More...

Category: Interviews

Author: Kimberly Eddleston