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One Family, Multiple Businesses: Preserving Harmony and Profits

For business or emotional reasons, sometimes one family ends up with more than one business under its umbrella. An entrepreneurial, ambitious family member may want to launch a new venture, or a Read More...

Category: Interviews

Author: Kimberly Eddleston

Why Family Businesses Must Mind the (Generation) Gap

  Family businesses are unstoppable when they benefit from the wisdom of founders and older leaders and the forward-thinking, innovative outlook of the next generation. But all too often, these Read More...

Category: Interviews

Author: Kimberly Eddleston

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

Successful, long-lasting business families share an understanding of what is important to them, what Read More...

Category: Applied and Practice

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

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

Wealth Can be Hazardous to Future Family Business Leaders

  Preparing the next generation for leadership is an important mission for family businesses. But all too often, the comfortable lifestyle that family wealth makes possible does not do the Read More...

Category: Interviews

Author: Kimberly Eddleston

How Families Can Run Their Businesses With Both Head and Heart

FamilyBusiness.org Senior Editor Mat Hughes recently appeared on R. Adam Smith’s LinkedIn channel to talk about a challenge that all family businesses face: the pull between the passions and Read More...

Category: Commentary

Authors: Mat Hughes and R. Adam Smith

Assessments Can Help Develop Family Business Leaders

  For example, assessments help business leaders discover predictors of job success – not only the Read More...

Category: Practice Insight

Author: Doug Gray, PhD

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

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

resources, and experiences of all family members to drive strategic change and ensure the long-term success Read More...

Category: Research Insight

Authors: Marco Mismetti , Emanuela Rondi and Cristina Bettinelli