family business advice
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It can be dangerous to ask executive assistants or your CFO to manage your personal finances. RSM's Ben Berger shows why a separate office helps both business and family manage money responsibly. All Read More...
Category: Interviews
Author: Kimberly Eddleston
A conversation orientation in the family carries over to the business -- especially for women, who are increasingly becoming the family firm's "vocal heroes." Have you ever wondered if family Read More...
Category: Research Insight
Authors: Kristen Shanine and Kristen Madison
Anxiety, depression, and other conditions disrupt business operations and strain relationships. Ignoring them won’t make them go away. In the world of family businesses, success often comes with a Read More...
Category: Commentary
Author: Andrew Keyt
Family businesses should consider a social media policy as a relatively “low-hanging fruit” to introduce the next generation to governance work. Does your business family have a social media Read More...
Category: Practice Insight
Authors: Claudia Binz Astrachan , Tom Rüsen and Rebecca DeYarman
Over the past month the entertainment world has been buzzing about the reunion of Oasis, one of the major bands of the '90s. This concerns brothers Noel and Liam Gallagher, who were able to rise to Read More...
Category: Commentary
Author: Salvatore Sciascia
Family firms are strongly influenced by the behavior of family members in those organizations, thus toxic behavior is a major risk for the continuity and success of any family firm. A great deal of Read More...
Category: Research Insight
Authors: Benjamin McLarty and Daniel T. Holt
Many legendary business leaders -- think Steve Jobs, or Elon Musk -- have had troubled personal lives. According to business advisor and author David Werdiger, the same traits that make someone Read More...
Category: Commentary
Authors: Kimberly Eddleston and David Werdiger
The stories that families tell about their past matter. Here are some ways that families can begin to use the past to serve their present-day goals. Family firms often frame their history as a Read More...
Category: Research Insight
Authors: Christina Lubinski and William Gartner
Families can get emotionally attached to laggards in their portfolios and avoid taking tough but necessary action, putting the entire enterprise in peril. When a family business portfolio includes Read More...
Category: Research Insight
Authors: Marina Palm , Vanessa Diaz Moriana and Nadine Kammerlander
Kimberly Eddleston, Founding Editor of FamilyBusiness.org and a longtime contributor to its sister publication EIX, was recently honored by the Academy of Management (AOM) with its 2024 Practice of Read More...
Category: Commentary
Author: Catherine Buday