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What All Family Businesses Can Learn From the Merck Family

members for the board of partners, which acts as a supervisory board for the executive management team Read More...

Category: Commentary

Authors: Tom Rüsen , Claudia Binz Astrachan and Frank Stangenberg-Haverkamp

Startup Employees Take a Hit Financially

Although that may simply mean that they loved being part of a small team so much that they did not try Read More...

Category: Research Insight

Authors: M. Diane Burton , Rodrigo Canales , Michael S. Dahl and Olav Sorenson

Creativity: How to Nurture it, and Get it Back

Assemble a thinking team of diverse points of view. Read More...

Category: Commentary

Author: Christina Luconi

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

Advice for Non-Family Executives in Family Businesses

Ritch Sorenson, Professor of Family Business at the University of St Thomas in Minneapolis, once worked at a bank founded by his grandfather.  When it closed, he felt a personal loss that Read More...

Category: Education and Teaching

Author: Ritch Sorenson

Trust But Verify: How Startups Can Build Healthy Strategic Alliances

by becoming virtual organizations that outsource ALL functions (i.e. manufacturing of components, assembly Read More...

Category: Applied and Practice

Authors: John Friar , Kimberly Eddleston , Tucker Marion and David Deeds

Developing responsible owners in family business

Individuals with a stewardship mentality are good team players who do what is in the best long-term interest Read More...

Category: Applied and Practice

Authors: Torsten Pieper and Joseph Astrachan

Technical Specialized Knowledge and Founder Leadership at Initial Public Offering

While human capital theory suggests that the fit between the skills of the top management team and the Read More...

Category: Theory and Research

Authors: Jon Eckhardt , Marc Junkunc and Mingxiang Li

Why Does EOS/Traction Work So Well for Family Businesses?

simple tools that help companies get strong in these areas: Vision - Everyone on the leadership team Read More...

Category: Commentary

Author: Sara Stern

Real-Life Drama: Creating a TV Series Based on a Family Business

The Project To briefly describe the project, teams of students are required to pitch a television series Read More...

Category: Education and Teaching

Author: Kimberly Eddleston