family business advice
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Families are often reluctant to anticipate and plan for the day when an unexpected transition might upend their business. The costs of inaction are high. EDITOR'S NOTE: This article was produced in Read More...
Category: Research Insight
Authors: Kajsa Haag , Hanna Almlöf , Marina Madsen and Mette Neville
The emotional conflicts that beset family businesses can be difficult to weather. Heidi Vermeer-Quist, a clinical psychologist, family business consultant, and third-generation shareholder of Read More...
Category: Interviews
Author: Kimberly Eddleston
Interviewee: Heidi Vermeer-Quist
Many business owners do not like to think about succession – it means confronting their own mortality – but at some point, every family business must deal with succession planning (Ahrens, 2020). Read More...
Category: Research Insight
Authors: Jan-Philipp Ahrens , Melania Riefolo , Annegret Hauer and Katharina Siegert
Pandemics, wars, and natural disasters can have a significant impact on the economy and its organizations. Such events are called “exogenous shocks” because they come without warning from Read More...
Category: Research Insight
Authors: Rebecca Alguera Kleine , Bingbing Ge and Alfredo De Massis
Firms that signal they are family-run are usually seen as better quality and enjoy higher levels of trust, except in places like India where they're everywhere. EDITOR'S NOTE: This article was Read More...
Category: Research Insight
Authors: Philipp Jaufenthaler , Oliver Koll , Reinhard Prügl and Maximilian Lude
Researchers explored how the Cadbury family’s Quaker values, which prioritized honesty and fairness, have endured even after the confectioner was sold to Kraft. EDITOR'S NOTE: This article was Read More...
Category: Research Insight
Authors: Roy Suddaby , Wilson Ng , Natalia Vershinina , Gideon Markman and Matthew Cadbury
FamilyBusiness.org aspires to be the #1 peer-reviewed resource for thought leadership in family business for owners and leaders, students, and professors. To achieve this goal, we are building a Read More...
Category: Commentary
Authors: Mat Hughes and Kimberly Eddleston
Successfully handing over a family business to the next generation of leaders requires both careful planning and exquisite timing. The next generation must be competent enough for leadership Read More...
Category: Interviews
Author: Kimberly Eddleston
Interviewee: Tony Wood
In popular culture, the portrayal of family businesses in movies and TV shows, such as Ridley Scott’s "House of Gucci" or HBO’s "Succession," often revolves around the pursuit of wealth and the Read More...
Category: Applied and Practice
Authors: Claudia Binz Astrachan and Anneleen Michiels
PD Instore , which designs and builds product displays that help companies create a great customer experience, found an innovative way to help its employees feel more connected with one Read More...
Category: Interviews
Author: Kimberly Eddleston
Interviewee: Emmie Strommen , Ian Strommen