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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

Surprising reasons owners exit family businesses

the founder’s charismatic identity, and the decoupling of this identity from the organization as it grows Read More...

Category: Theory and Research

Authors: James Hoffman , Ritch Sorenson and Keith Brigham

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

How Three Women Upheld Family Values and Thrived Despite Adversity

and she decided to capitalize on her private agricultural land and set up an independent business growing Read More...

Category: Applied and Practice

Authors: Boyka Simeonova and Mat Hughes