Family Business Consulting
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Using AI can be risky in settings where confidentiality is key, but it can be indispensable in developing innovative services that clients expect. Here's how to harness it safely. Artificial Read More...
Category: Practice Insight
Author: Doug Gray, PhD
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
Family firms can help the next generation move forward by understanding and supporting the emotional aspects of the exit for the current leader. Business advisors widely agree that the biggest Read More...
Category: Practice Insight
Author: Michael Klein
Hope, Efficacy, Resilience and Optimism can make us better people and better leaders. Here's how to cultivate it within ourselves. All leaders and advisors struggle with organizational Read More...
Category: Practice Insight
Author: Doug Gray, PhD
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
The decision to disclose strategy information is critical, as it reveals managerial actions, providing financial stakeholders with the information required to assess the firm’s competitive Read More...
Category: Research Insight
Authors: Rafaela Gjergji , Luigi Vena , Giovanna Campopiano , Salvatore Sciascia and Alessandro Cortesi
When it's time for a family business to have a new generation of leadership, it's often difficult for the first-generation founder let go. Founders, justifiably proud of the businesses they have Read More...
Category: Interviews
Author: Kimberly Eddleston
Interviewee: David Karofsky
A great story, skillfully told, can shape attitudes and spur commitment and action. This is especially true at family businesses, where the stories and values of the family and business intertwine. Read More...
Category: Interviews
Author: Kimberly Eddleston
Interviewee: Dave Goetz , Melissa Parks
In our work with business families, we encounter a wide range of approaches for establishing financial targets and making financial business decisions. Interestingly, such practices often diverge Read More...
Category: Applied and Practice
Authors: Claudia Binz Astrachan and Anneleen Michiels
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