family business advice
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Unless you clearly state what you want your legacy to be, your successors will interpret it in their own way -- and it might not be what you intended. EDITOR‘S NOTE: This article was produced in Read More...
Category: Research Insight
Authors: Matthew Fox , Kimberly Wade-Benzoni and Jeffrey Covin
Families that learn to use their cohesion, trust, and long-term orientation as strengths can implement strategies more effectively than their non-family peers, especially in times of uncertainty. Read More...
Category: Research Insight
Authors: Torsten Pieper , Claudia Binz Astrachan , Francesco Chirico and Annika Ehlers
Surveys can reveal differing perspectives, surface hidden tensions, and – when done well – build trust, and serve as an educational opportunity. From the boardroom to the family meeting, a Read More...
Category: Practice Insight
Author: Claudia Binz Astrachan
Succession is not a single choice -- It is a chain of choices that interlock and compound. Avoiding any one of them will create friction or ambiguity. Succession is the defining challenge of the Read More...
Category: Applied and Practice
Author: David Deeds
However, those who invested more in R&D and operated in countries with strong and supportive institutions enjoyed better market capitalizations. EDITOR’S NOTE: This article was produced in Read More...
Category: Research Insight
Authors: Ivan Miroshnychenko , Rui Torres de Oliveira , Alfredo De Massis and Ruth Überbacher
Leaders acquire tremendous human capacities as they rise to the top. Their challenge is to deploy the right strength for each difficult situation. Navigating the unique landscape of family businesses Read More...
Category: Applied and Practice
Authors: Andrew Keyt and Greg McCann
Building on three specific attributes -- long-term orientation, social capital, and values-driven governance -- helps families build strengths for generations to come. Family businesses are often Read More...
Category: Applied and Practice
Authors: Douglas Hassell and Kimberly Eddleston
A family business adviser shares how to improve family dynamics to help younger family members get ready for top roles. To keep a family business within the family, younger family members must be Read More...
Category: Interviews
Author: Kimberly Eddleston
Interviewee: Elizabeth Bagger
Many want to know where they will fit in the family enterprise; how the wealth will be divided; and how the business will be governed as the family grows in complexity. Dann Van Der Vliet, Executive Read More...
Category: Interviews
Author: Kimberly Eddleston
Interviewee: Daniel Van Der Vliet
Things to Consider When Transferring Family Business Ownership 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