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The University of St. Thomas (Minneapolis) Family Business Center in February 2023 put together a panel discussion for family firms, focusing on lessons learned from families who Read More...
Category: Practice Insight
Author: Jon Keimig
Pandemics, wars, and natural disasters can have a significant impact on the economy and its organizations. Such events are called “exogenous shocks” because they come without warning from Read More...
Category: Research Insight
Authors: Rebecca Alguera Kleine , Bingbing Ge and Alfredo De Massis
appropriately hold our children accountable for their behaviors – or do we tend to attribute our children’s successes Read More...
Category: Applied and Practice
Authors: Claudia Binz Astrachan , Joseph Astrachan and Torsten Pieper
When Katie Rucker was asked to lead a $15 million fundraiser for a local Ronald McDonald House, her twin sister Jenny Dinnen at first worried about running the family business without her co-leader. Read More...
Category: Interviews
Author: Kimberly Eddleston
The founders of many longstanding family businesses likely had parents who insisted on responsibility and let them learn from their mistakes. This is not so today -- the era of helicopter Read More...
Category: Commentary
Author: Kimberly Eddleston
The book The Paradox of Choice , written by Barry Schwartz and first published in 2004, posits that people, in general, suffer a loss of happiness because we have too much choice in everything we Read More...
Category: Practice Insight
Author: Doug Baumoel
Expanding into other countries can open up new opportunities and revenue streams for all kinds of businesses around the world. This is especially true within the European Union, where products can Read More...
Category: Research Insight
Authors: Claudia Pongelli , Antonio Majocchi , Jonathan Bauweraerts , Salvatore Sciascia , Matteo Giuliano Caroli and Alain Verbeke
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
Family businesses, and the wealth they create, are run by human beings, who can be impulsive. When the wealth is substantial, often an impartial third party is the best choice to manage this wealth Read More...
Category: Interviews
Author: Kimberly Eddleston
It is your worst nightmare. You’ve passed away, and now your adult children no longer speak to each other. Circumstances around your death have destroyed the family you spent your life building, Read More...
Category: Features
Author: Patrick O'Brien