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Developing Competent Owners and Stewards for a Lasting Family Business

And while many succeed in developing a successful organization, they struggle with managing the increasingly Read More...

Category: Applied and Practice

Author: Claudia Binz Astrachan

Firm But Flexible Parents Raise the Best Family Business Leaders

With this in mind, we sought to understand how parenting styles contribute to the success of family business Read More...

Category: Research Insight

Authors: Kimberly Eddleston , Kristen Shanine and Kristen Madison

Developing responsible owners in family business

convincingly concludes the ability to delay gratification in childhood is a superior predictor of success Read More...

Category: Applied and Practice

Authors: Torsten Pieper and Joseph Astrachan

Family Emotions Can Drive Business Decisions

From “Dallas” and “The Godfather” to “House of Gucci” and “Succession,” popular culture has always relished Read More...

Category: Research Insight

Authors: Rania Labaki and Fabian Bernhard

Should Your Next CEO be From Outside the Family?

In her discussion with Matt Nielsen of Nielsen-Massey Vanillas International, Editor Kimberly Eddleston goes into a sensitive topic for many family firms: whether an outside leader is better equipped Read More...

Category: Interviews

Author: Kimberly Eddleston

How Family Firms Can Prevent (or Cool Down) Sibling Rivalries

are often detailed in the popular press and serve as inspiration for television series like HBO’s Succession Read More...

Category: Applied and Practice

Authors: Jonas Ruzek and Kimberly Eddleston

Advice for Family Business Successors: Be Humble and Curious

  David Bentall found out the hard way that his leadership of his family's construction and real estate firm wasn't working: his own uncle removed him from the company. Losing his job was a Read More...

Category: Interviews

Author: Kimberly Eddleston

How Family Firms Help Non-Family Employees Feel Like Family

profitability.A recent fictional example is the Roy family from the award-winning HBO television series "Succession Read More...

Category: Applied and Practice

Authors: Peter Jaskiewicz , Josh Hsueh , Elizabeth Tetzlaff and Giovanna Campopiano

How Family Businesses Survive Unexpected ‘Wild Cards’

survive such long periods, family firms need to successfully manage operational performance and succession Read More...

Category: Research Insight

Authors: Wojciech Czakon , Monika Hajdas and Joanna Radomska

The Biggest Mistakes Family Businesses Make With Their Boards

Family business researcher, lecturer, and advisor Claudia Binz Astrachan has studied first-hand how effective boards of directors steer family business management towards strategies that make the Read More...

Category: Interviews

Author: Kimberly Eddleston