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Family Businesses: The Greener, the Better?

  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

Everyday Gratitude in Times of Uncertainty

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

Three Strengths that Can Help Family Firms Survive Covid

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

What Family Businesses Should be Doing Now

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

How Family Firms Help Non-Family Employees Feel Like Family

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

Lessons From the Perdue and Sheraton Families on Getting Along

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

Wealth Can be Hazardous to Future Family Business Leaders

Clark points out that affluence can actually compound the problem because it gives the families resources Read More...

Category: Interviews

Author: Kimberly Eddleston

She Always Gives Her All to the Family Firm -- but He Follows the Leader

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

Diversify Your Family's Risks by Returning to Its Entrepreneurial Roots

 While the relatives managing the family’s outside investments may learn more about finance, they Read More...

Category: Commentary

Author: David Deeds

How Older Family Businesses Can Keep the Magic Going

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