family business advice
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Families often struggle to decide whether shares should be divided equally among children or reflect leadership, sacrifice, and “sweat equity.” In family businesses, few conversations generate Read More...
Category: Practice Insight
Authors: Claudia Binz Astrachan , Lindsay Hardie and Joseph Astrachan
Family businesses often rely on loyalty, long-term thinking and strong relationships. But research shows those same strengths can backfire when crisis hits. For most family business owners, the Read More...
Category: Research Insight
Author: Michael Kuttner
A study of German family firms shows that regular, meaningful contact between the family office and the family can preserve shared purpose after an exit. EDITOR’S NOTE: This article was produced in Read More...
Category: Research Insight
Authors: Clemens Krüger , Christian-Titus Klaiber and Reinhard Prügl
In a crisis, family firms cannot afford to focus only on immediate survival or future legacy. The most resilient ones do both, drawing on past lessons, trusted relationships, and long-standing Read More...
Category: Research Insight
Authors: Vanessa Diaz Moriana , Eric Clinton , Catherine Faherty and Colm O'Gorman
Daughters can become strong and credible successors when families involve them early, clarify authority, support professional development, and make room for new models of leadership. While daughters Read More...
Category: Applied and Practice
Authors: Simon Caspary and Tom Rüsen
From death and divorce to disruption and disrepute: these 12 hidden risks can weaken family enterprises over time. Family enterprises are often admired for their long-term orientation, strong values, Read More...
Category: Practice Insight
Authors: Matthew Crudgington and Peter Vogel
A leader's tacit knowledge can make the company more successful, but it's a challenge to understand what's behind it or how to pass it down to next-gens. A family business leader's instinct -- often Read More...
Category: Interviews
Author: Kimberly Eddleston
Interviewee: Meghan Lynch
An unexpected death or disability can wreak havoc on a family business's best-laid plans. Patricia Annino, a Senior Advisor and Associate Partner at Cambridge Family Enterprise Group, has seen many Read More...
Category: Commentary
Author: Kimberly Eddleston
Interviewee: Patricia Annino
When decisions become emotionally charged, it becomes harder to think clearly just when clear thinking is needed most. A family business leader said to me recently, “We need to make a decision, but Read More...
Category: Practice Insight
Author: Paul Edelman
A new study shows that insiders see ambition, innovation, and complexity, but outsiders see tradition. Bridging that divide is key to future success. If you ask someone what they think of a family Read More...
Category: Commentary
Author: Katie Rucker