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10 Golden Principles to Guide Your Succession Planning
There is no one-size-fits-all approach to family business succession. Every situation is different and every family is uniquely complex. However, some principles appear to transcend culture and other
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Category:
Applied and Practice
Succession: Don't Assume Your First-Born is the Anointed One
Succession is a defining moment in all family businesses, and making the right choice about who is going to be the next CEO can be critical to survival. Tradition, previous choices, and
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Category:
Research Insight
Author:
Andrea Calabrò
This article is part of America's Entrepreneurs , a Next Avenue initiative made possible by the Richard M. Schulze Family Foundation and EIX. Have you ever heard that a millionaire
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Category:
Features
Author:
Jacqueline Snyder
What Families in Conflict Can Learn from Baseball and Teachers
Many private family disputes end up in the courts, and others are settled by alternative methods involving third-party neutrals – usually mediation and arbitration. These neutral parties can guide
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Category:
Applied and Practice
Female Advisors Can Help Family Businesses
As we continue seeing women make progress in their family businesses by breaking glass ceilings, gaining board seats, and increasingly being named successor, it is important to celebrate the women
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Category:
Commentary
Playing the Succession Game to Ensure Family Business Continuity
By Shital Jayantilal, Silvia Ferreira Jorge and Tomas M. Banegil Palacios Family businesses are especially conflict-prone, since sibling rivalry and other emotional undercurrents sometimes cloud
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Category:
Research Insight
Team Exercise: How Parenting Styles Affect The Next Generation
Because the family and business are inextricably intertwined in family businesses, parenting plays a critical role in shaping the next generation and their contribution to the family business.
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Category:
Education and Teaching
This article is part of America's Entrepreneurs , a Next Avenue initiative made possible by the Richard M. Schulze Family Foundation and EIX. A small-business credit card can be hugely helpful
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Category:
Features
Author:
Kerry Hannon
EDITOR'S NOTE: This article is part of America's Entrepreneurs , a Next Avenue initiative made possible by the Richard A. Schulze Family Foundation and EIX . If you're planning to start a part-time
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Category:
Features
Author:
Drew Cheneler
Family Firms Can Optimize Women's Strengths
Family businesses are far ahead of non-family businesses in letting women help shape important decisions, but both the family firms and the women themselves must make some changes in order to
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Category:
Interviews
Author:
Kimberly Eddleston
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