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Surprising reasons owners exit family businesses

Only about a third of family businesses make it to a second generation beyond the founder.  Conventional wisdom says that these firms falter because the owners didn’t have a succession Read More...

Category: Theory and Research

Authors: James Hoffman , Ritch Sorenson and Keith Brigham

Assessments Can Help Develop Family Business Leaders

leaders consider a family member for promotion within the business, a next generation member’s leadership Read More...

Category: Practice Insight

Author: Doug Gray, PhD

Why Women CEOs Offer Family Businesses an Entrepreneurial Advantage

research published in the Strategic Entrepreneurship Journal in October 2023, it is not male or female leadership Read More...

Category: Research Insight

Authors: Kimberly Eddleston and Franz Kellermanns

Your Family Needs An Emergency Succession Plan

You need a leadership disaster recovery plan, just like you need other disaster recovery plans, such Read More...

Category: Commentary

Author: David Deeds

Playing the Succession Game to Ensure Family Business Continuity

eight different interdependent factors that affect how the succession process unfolds: each child’s leadership Read More...

Category: Research Insight

Authors: Shital Jayantilal , Sílvia Jorge and Tomas M. Bañegil Palacios

10 Things That Help Family Businesses Preserve Their Legacy

and mentorship to ensure the next generation receives the right skills and guidance to take over leadership Read More...

Category: Applied and Practice

Author: R. Adam Smith

Family Business Succession Planning: 10 Golden Rules

issue of succession at least once a year. 2 | Separate ownership (shareholder) succession from leadership Read More...

Category: Applied and Practice

Authors: Tom Rüsen , Torsten Groth and Arist von Schlippe

Successful Successions are Never Smooth

What do these successful transitions in leadership have in common? Read More...

Category: Applied and Practice

Author: Claudia Binz Astrachan

Developing Your Business Family Strategy: Where to Start and What to Consider

learn about the business and the responsibilities of ownership, and gain skills in management, leadership Read More...

Category: Applied and Practice

Authors: Tom Rüsen , Isabel C Botero , Arist von Schlippe and Torsten Groth

Will Your In-Laws Help or Hurt Your Family Business?

From our research, a picture emerged of the kinds of practices and leadership that help family businesses Read More...

Category: Research Insight

Authors: Marco Mismetti , Emanuela Rondi and Cristina Bettinelli