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A Family Council Can Help Larger Families Stay Connected

Consider one if your family business has 15 or more relatives involved, or multiple generations. Many family firms wonder about whether they need a family council: a group that helps ensure that Read More...

Category: Interviews

Author: Kimberly Eddleston

Interviewee: Aimee Wrubel

When Family Businesses Should Think Like Private Equity Firms

Adopting all or even some PE investor strategies can add value and enhance competitiveness, especially when a successor takes over or the company may be sold.  Family businesses must navigate a Read More...

Category: Applied and Practice

Authors: Nadine Kammerlander and David Hoeflmayr

Your Family’s Mental Model Might Be Fueling Its Conflicts

Different ways of thinking shape how families make decisions, resolve tensions, and pass leadership across generations. Every family business has its own way of seeing the world. Some center around a Read More...

Category: Practice Insight

Authors: Tom Rüsen and Monika Nadler

All-Time Greats: Announcing Our Wetherbe Award Winners

The Wetherbe Thought Leadership Awards recognize EIX and FamilyBusiness.org authors whose articles have had extraordinary impact over the past decade.  EIX and FamilyBusiness.org are expected to Read More...

Category: Commentary

Authors: David Townsend and Kimberly Eddleston

Learning to Let Go of a Startup

Handing off a family business to the next generation can be difficult, but it doesn’t have to be. EDITOR'S NOTE: This article is part of The Great Unretirement, a Next Avenue initiative made Read More...

Category: Features

Author: Lin Grensing-Pophal

The Emotional Downside of Exiting Your Business

Congratulations! You’ve sold your business. Now prepare to be depressed. Most founders see selling their business as a gateway to new wealth and a dream come true. But many underestimate how Read More...

Category: Interviews

Author: Kimberly Eddleston

Interviewee: Jerome Myers

Nonfamily CEOs Are Most Vulnerable in the Middle Stage of Their Tenure

Family businesses tend to give all CEOs time to prove themselves, but are tougher on outsiders who don’t deliver results after a few years.  EDITOR’S NOTE: This article was produced in Read More...

Category: Research Insight

Authors: Wei Shen , Cecilia Gu and Lin-Hua Lu

Can a Female CEO Lead to More Diversity at the Top?

At family firms, decisions are often shaped by traditions, preferences, or informal dynamics that are not easy to override, even for the CEO. Research has shown that gender-diverse leadership can Read More...

Category: Research Insight

Authors: Paola Rovelli and Marco Mismetti

Business Families Must Get Real About Growth and Payouts

Sometimes the family grows much faster than the business, especially in saturated markets. This has deep implications for how we manage family and business expectations. When we talk to Read More...

Category: Practice Insight

Authors: Joseph Astrachan and George Manners

Tariffs, Turmoil, and Family Tiffs: Navigating the Current Chaos

You can support your business through economic uncertainty and maintain unity and commitment.   Multigenerational enterprising families are not easily shaken. Over decades and sometimes Read More...

Category: Practice Insight

Authors: Joseph Astrachan and Claudia Binz Astrachan