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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
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Category:
Interviews
Author:
Kimberly Eddleston
Founders: Let Next-Gens be Entrepreneurial
A family firm's longevity depends on fresh approaches to doing business, but all too often these fresh insights can clash with the family's entrenched way of doing things. Founders especially
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Category:
Interviews
Author:
Kimberly Eddleston
'Succession' Hits Close to Home at Family Firms
HBO The HBO hit series "Succession" -- detailing the backstabbing, jealousy and double-dealing at the fictitious family-run media empire Waystar Royco --has won several Emmys and attracted millions
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Category:
Interviews
Author:
Kimberly Eddleston
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
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Category:
Interviews
Author:
Kimberly Eddleston
From Solo to Team: Helping Siblings Maintain Your Valuable Outside Relationships
A family business founder or leader often toils for years to cultivate good relationships with people, organizations, and businesses outside the family, including banks, suppliers, customers, and the
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Category:
Research Insight
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 younger
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Category:
Interviews
Author:
Kimberly Eddleston
From left to right, Kieran Culkin, Jeremy Strong, Sarah Snook and Brian Cox in HBO's "Succession." | Credit: Photograph by Graeme Hunter/HBO Editor’s note: This article
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Category:
Features
Author:
Richard Eisenberg
Succession Planning Should Start Earlier Than You Think
Family businesses everywhere are responding to the succession challenge in profound ways. Preserving cherished family traditions and relationships is just as important as preserving the wealth of the
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Category:
Commentary
How to Fix Succession Conflicts Stemming From Complicated Families
Part 2 of a two-part series. Read part 1 here . Succession is a difficult process – and it is even more challenging in cases where divorce and adoption complicate family constellations. In
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Category:
Research Insight
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
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Category:
Interviews
Author:
Kimberly Eddleston
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