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On the other hand, nepotism, family conflict and resource misallocation can jeopardize the financial Read More...
Category: Research Insight
Authors: Jonathan Bauweraerts , Unai Arzubiaga and Vanessa Diaz Moriana
EDITOR'S NOTE: This popular article from three years ago is still relevant today. The author has updated it for 2023. Three years ago, we were emerging from a fiercely battled presidential election Read More...
Category: Applied and Practice
Author: Carol Wittmeyer
Family businesses are unique, with many advantages that stand them in good stead during times of crisis. While there are unique strengths for family-owned firms working in a world changed by Read More...
Category: Applied and Practice
Author: Doug Baumoel
Make your history a strategic resource by bringing together the family to reflect among generations on Read More...
Category: Applied and Practice
Author: Kimberly Eddleston
These family firms appear eager to pursue approaches that improve their human resource management and Read More...
Category: Applied and Practice
Authors: Peter Jaskiewicz , Josh Hsueh , Elizabeth Tetzlaff and Giovanna Campopiano
Mitzi Perdue is the widow of Frank Perdue and the daughter of Ernest Henderson Sr., a founder of the Sheraton Hotels empire. She also runs a consultancy devoted to family business success and is Read More...
Category: Interviews
Author: Kimberly Eddleston
Clark points out that affluence can actually compound the problem because it gives the families resources Read More...
Category: Interviews
Author: Kimberly Eddleston
It’s been proven that dedicated employees who go above and beyond what the job specifies help their companies be more efficient and keep customers happy. Other research has shown that leaders can Read More...
Category: Research Insight
Authors: Kimberly Eddleston and Kristen Madison
While the relatives managing the family’s outside investments may learn more about finance, they Read More...
Category: Commentary
Author: David Deeds
Many family businesses grow and thrive in the first generation because of the passion and commitment of their founders. Successive generations often don’t share that same level of dedication, and Read More...
Category: Research Insight
Authors: Sabine Rau , Sabrina Schell and Arndt Werner