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Using AI to Grow Your Family Business

Growing Your Business With Generative AI Think of AI as a co-pilot to handle mundane tasks. Read More...

Category: Applied and Practice

Authors: Mat Hughes and David Townsend

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

Keep the Founder's Entrepreneurial Spirit Alive in Future Generations

Rather, it starts with a founder, often self-funded and growing organically. Read More...

Category: Applied and Practice

Author: David Werdiger

It’s Complicated: Managing Succession in Cases of Divorce and Adoption

In cases of divorce, children often grow up in two very different environments, each with different sets Read More...

Category: Applied and Practice

Authors: Nadine Kammerlander and Leona Rethmann

10 Things That Help Family Businesses Preserve Their Legacy

Gallen, 2023), with revenue growing at a healthy 10% rate. Read More...

Category: Applied and Practice

Author: R. Adam Smith

The Paradox of Choice: Wealth's Impact on Family Potential

Generational Wealth Presents A Paradox of Choice Children growing up with generational opportunity face Read More...

Category: Practice Insight

Author: Doug Baumoel

Your Family Needs An Emergency Succession Plan

team and who communicates with key constituents need to be made, and then reconsidered as the firm grows Read More...

Category: Commentary

Author: David Deeds

Assessments Can Help Develop Family Business Leaders

  The company was growing 40% each year and the current president and CFO were ready to move on, Read More...

Category: Practice Insight

Author: Doug Gray, PhD

How to Fix Succession Conflicts Stemming From Complicated Families

Our observations showed that kids growing up in these far-off families might still perceive the succession Read More...

Category: Research Insight

Authors: Leona Rethmann and Nadine Kammerlander

Divorce Can Hollow out a Family Business — But it Doesn’t Have to

before his own parents divorced, he was involved in leading their business — which was healthy and growing Read More...

Category: Applied and Practice

Authors: Kimberly Eddleston and Jonas Ruzek