family business advice
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Vision matters—but so does individualized consideration. This study shows nonfamily managers perform better when CEOs pair transformational leadership with genuine, personalized attention and Read More...
Category: Research Insight
Authors: Mat Hughes , Alfredo De Massis , Sascha Kraus , Qilin Hu and Yi-Ying Chang
Successors recommit when roles align with their values, skills, and life stage—and when family dynamics allow earlier experiences to be reinterpreted. Many family firms think about succession when Read More...
Category: Research Insight
Authors: John Cater , Roland Kidwell , Megan Harper and Marilyn Young
Family firms don’t have goals—people do. The rise and fall of Italy's Florio dynasty shows how successor motivation shapes the balance between growth, legacy, and community—and how families can Read More...
Category: Research Insight
Author: Alexandra Dawson
As family attitudes towards wealth, purpose, and legacy evolve, their offices are doing more than just managing wealth, a study shows. Family offices are no longer quiet custodians of wealth. Based Read More...
Category: Applied and Practice
Author: Peter Vogel
A stewardship climate, where employees feel trusted and truly valued, mobilizes nonfamily employees to defend the family firm against reputational threats. EDITOR’S NOTE: This article was produced Read More...
Category: Research Insight
Authors: Sarah Burrows , Craig Crossley , Catherine Faherty and Jim Combs
A Ukraine-based family business installed a board to provide structure as it scaled globally. Here's how the owners overcame top managers' fears and won their support. Photo: The International Board Read More...
Category: Commentary
Author: Rostyslav Vovk
The most important investor may be your own successors. Investor readiness supports smooth transitions, builds trust, enhances enterprise value, and keeps strategic options open—whether you sell, Read More...
Category: Applied and Practice
Author: Michael Paull
Unrealistic depictions of the sacrifices and tradeoffs of family business leadership -- streamed repeatedly -- can color younger people’s attitudes towards taking the helm. Popular TV dramas like Read More...
Category: Commentary
Author: Sara E. Miller
Japanese family businesses are encouraged to help one another for the benefit of their shared customers and their community. It has helped them survive setbacks and thrive. Family businesses are a Read More...
Category: Research Insight
Authors: Sigrun C. Caspary , Tom Rüsen and Arist von Schlippe
As Prince Andrew showed, one person’s behavior can become everyone's problem. Families must set expectations, outline processes, and provide clarity before emotions take over. In late 2025, King Read More...
Category: Applied and Practice
Author: Maryann G. Bell