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When the Family Leaves the Business, Can Their Values Remain?

non-family companies use rationality and efficiency to guide decisions, family firms are more likely to operate Read More...

Category: Research Insight

Authors: Roy Suddaby , Wilson Ng , Natalia Vershinina , Gideon Markman and Matthew Cadbury

Family Business Succession, Innovation, and Compensation: What You Need to Know

In our work we’ve seen that family businesses put most of their emphasis on operational excellence, or Read More...

Category: Commentary

Authors: Mat Hughes and R. Adam Smith

Good Intentions Can Sow Dysfunction at Family Businesses

People wear many hats at family businesses: owners, managers, and family members. Read More...

Category: Commentary

Authors: Kimberly Eddleston and Sara Stern

Keep the Founder's Entrepreneurial Spirit Alive in Future Generations

The rising generation may have contemplated their own role as future leaders of the operating business Read More...

Category: Applied and Practice

Author: David Werdiger

Growing Pains: Helping a Family Office to Evolve

A Single Family Office (SFO) is an entity that manages the investments, wealth, and often the personal Read More...

Category: Education and Teaching

Authors: Torsten Pieper and Claudia Binz Astrachan

A Secret to Success: Family Business Centers

Thomas in Minneapolis, and Angela Warner, a 3rd-generation member of the family that operates Warners Read More...

Category: Interviews

Author: Kimberly Eddleston

A Family's Non-Financial Values Shape Its Sustainability Strategy

For instance, the family’s significant control over ownership, management, and the board accelerates Read More...

Category: Research Insight

Authors: Josh Hsueh , Alfredo De Massis and Luis Gomez-Mejia

Do You Treat In-Laws Like the Family Business Outlaws ?

questions have consequences: Being inclusive and exclusive require both the family and the business to be managed Read More...

Category: Applied and Practice

Authors: Claudia Binz Astrachan , Joseph Astrachan and Torsten Pieper

How to Encourage Devotion Among Nonfamily Employees

However, family businesses that want to create this environment must manage the emotions and values of Read More...

Category: Research Insight

Authors: Josep Llach , Valeriano Sanchez-Famoso and Dr. Sharon M. Danes

How to Transform an Outdated Board

Functional Orientation Several senior managers asked a group of industry mavens to meet with the existing Read More...

Category: Applied and Practice

Authors: Joseph Giglio and John Friar