family business advice
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Family business succession involves transferring ownership as well as management. Family circumstances and past events lead to three types of ownership transfers. EDITOR’S NOTE: This article was Read More...
Category: Research Insight
Authors: Susan Lanz , Gary Burke , Kajsa Haag and Omid Omidvar
When parents openly display fear of failing, it can unintentionally portray entrepreneurship as unsafe, undesirable, or even shameful. This doesn't help their successors or the business. Why do so Read More...
Category: Research Insight
Authors: Seyyede Sharare Bagherian , Sonia M. Strano , Sohrab Soleimanof , Jon Carr and S. Alireza Feyzbaksh
The best processes and systems come not from outside advisers and experts, but from how families actually live, relate to one another, and make decisions. Family businesses are more than economic Read More...
Category: Research Insight
Authors: Luciana Lucena de Lima and María José Parada
Skip-generation entrepreneurship combines the wisdom of business founders with the energy and tech savviness of their grandchildren. Photo: Lauri Union, founding executive director of the Bertarelli Read More...
Category: Features
Author: Lin Grensing-Pophal
While professional non-family leadership may bring some advantages, the stability brought by family leaders may encourage employees to innovate without fear of failure. Much research has focused on Read More...
Category: Research Insight
Authors: Mario Daniele Amore , Morten Bennedsen , Bordin Bordeerath and Nicolai Foss
Like military strategists, business owners face decisions that must balance vision and resources, courage and caution, innovation and discipline. What can small business owners, family firms, and Read More...
Category: Commentary
Author: Joseph Giglio
When a family member struggles with addiction, the consequences can ripple throughout the firm and increase its risks. Scott, a seasoned executive in a multigenerational family business, approached Read More...
Category: Commentary
Author: Diana Clark
Blurring work and personal lives can lead to stress and exhaustion. Family businesses do these four things to create healthier boundaries. From the launch of the first cellphone with email Read More...
Category: Practice Insight
Authors: Jennifer Jordan and Peter Vogel
Like organisms in nature, the relationship between family and business can be mutually beneficial or detrimental. Here's how to strengthen both spheres. EDITOR‘S NOTE: This article was produced in Read More...
Category: Research Insight
Authors: Kimberly Eddleston and Jennifer Jennings
Family firms where the departing CEO has mentored the successor enjoyed stronger return on assets. EDITOR'S NOTE: This article was produced in partnership with Strategic Entrepreneurship Journal, a Read More...
Category: Research Insight
Authors: Fabio Quarato , Maria J. Sanchez-Bueno , Domenico Cambrea , Fernando Muñoz-Bullon and Mario Daniele Amore