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Developing Competent Owners and Stewards for a Lasting Family Business

The ultimate goal of many enterprising families is growing a prospering organization stewarded by a committed Read More...

Category: Applied and Practice

Author: Claudia Binz Astrachan

What All Family Businesses Can Learn From the Merck Family

Pharmacy] in the small German town of Darmstadt in 1668, he likely did not foresee his small business growing Read More...

Category: Commentary

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

Thriving or Trapped in the Family Business?

  For those who grow up in family-owned enterprises, and have only worked in that business, it can Read More...

Category: Commentary

Author: Michael Klein

How Can We Define 'Innovation'?

Innovation is a kind of Holy Grail in the world today. Companies strive for it, consumers often reward it, and policy-makers say we need more of it. But many people still find themselves asking, Read More...

Category: Applied and Practice

Author: Daniel Forbes

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

However, family business owners seeking to diversify and grow their wealth don’t often go this route. Read More...

Category: Commentary

Author: David Deeds

Understand Your Family Firm's Core Strengths and Weaknesses

However, looking into the wide and growing family business literature, I would say that family firms Read More...

Category: Applied and Practice

Author: Thomas Zellweger

Millennials Can Help Family Firms Expand, If Led by Their Peers

Takeaways Our research offers some important practical advice for family firms seeking to grow their Read More...

Category: Research Insight

Authors: Alessandro Cirillo , Barbara Maggi , Salvatore Sciascia , Valentina Lazzarotti and Federico Visconti

How Family Business Leaders Can Encourage Both Devotion and Performance

However, as growing family firms attempt to implement high performance HRM systems as a strategic approach Read More...

Category: Applied and Practice

Authors: Roland Kidwell and Kathryn Kloepfer

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

It only works for companies that are interested in growing; that want or need change; that are willing Read More...

Category: Commentary

Author: Sara Stern