Family Business Governance
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As your family business grows, informal decision-making may no longer be enough. These six questions can help you decide when and how to strengthen governance. For years, every important decision in Read More...
Category: Research Insight
Authors: Pedro Vazquez , Isabel C Botero and Miguel Méndez
What Nordstrom, Mars, Dillard's, and Patagonia can teach family businesses about ownership structure. In May 2025, Nordstrom ended more than five decades as a publicly traded company. Members of the Read More...
Category: Applied and Practice
Authors: Douglas Hassell and Kimberly Eddleston
A business sale changes more than ownership. Families must also rethink governance, roles, wealth, identity, and purpose after the company is gone. A family signs the sale of the company it built Read More...
Category: Applied and Practice
Author: Susana Quintás
Don’t wait for a vacancy. Prepare family members now — through education, mentoring, clear expectations, and hands-on experience — to serve on boards, family councils, and committees. Family Read More...
Category: Applied and Practice
Author: Claudia Binz Astrachan
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
Boards routinely scrutinize financial and strategic risk. But talent shortages, leadership culture problems, and succession gaps can erode long-term value just as quickly. People risk belongs on Read More...
Category: Practice Insight
Authors: Claudia Binz Astrachan and Lars B. Sonderegger
AI can speed analysis and recommendations, but it cannot build trust or regulate conflict. Here's why Brain Capital -- judgment, resilience, and governance maturity -- will determine whether family Read More...
Category: Practice Insight
Author: Doug Gray, PhD
As family attitudes towards wealth, purpose, and legacy evolve, their offices are doing more than just managing wealth, a study shows. Family offices are no longer quiet custodians of wealth. Based Read More...
Category: Applied and Practice
Author: Peter Vogel
A Ukraine-based family business installed a board to provide structure as it scaled globally. Here's how the owners overcame top managers' fears and won their support. Photo: The International Board Read More...
Category: Commentary
Author: Rostyslav Vovk
The most important investor may be your own successors. Investor readiness supports smooth transitions, builds trust, enhances enterprise value, and keeps strategic options open—whether you sell, Read More...
Category: Applied and Practice
Author: Michael Paull