Family business innovation

How Family Business Succession Shapes Innovation in the Next Generation

Research on 16 family businesses reveals why some successors build on the previous generation’s innovations while others rarely or never innovate. EDITOR'S NOTE: This article was produced in Read More...

Category: Research Insight

Authors: Ludovica Del Barone , Maria Annosi , Filomena Buonocore and Evelyn Micelotta

What the Public Gets Wrong About Family Businesses

A new study shows that insiders see ambition, innovation, and complexity, but outsiders see tradition. Bridging that divide is key to future success. If you ask someone what they think of a family Read More...

Category: Commentary

Author: Katie Rucker

The World is Changing Faster Than Your Strategy

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

An Innovation Challenge Can Help Employees Feel More Connected

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 another. The Read More...

Category: Interviews

Author: Kimberly Eddleston

Interviewee: Emmie Strommen , Ian Strommen