family business succession planning
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Without a map for navigating emergencies and guiding successors after your departure, your business and your legacy could be left adrift. Imagine you're at the helm of a ship, sailing through calm Read More...
Category: Practice Insight
Author: Bradford C. Jeter, CEPA
Running a family business doesn’t mean always seeing eye to eye, but you can still overcome challenges, resolve conflicts, and evolve as a team. At 13, I unknowingly took part in my first serious Read More...
Category: Commentary
Author: Rostyslav Vovk
A study of 13,500 family firms shows that nearly half of heirs don’t know where the assets are -- and 3 in 5 wouldn’t know what to do if the founder died suddenly. We all know plenty of Read More...
Category: Practice Insight
Author: Srbuhi Avetisyan
Beliefs about success, responsibility, and value creation reflect the time and place in which business owners grew up. Religion and strong family ties magnified the impact. Family business leaders Read More...
Category: Research Insight
Authors: Ileana Maldonado , Paul Sanchez and Annaleena Parhankangas
A handover often marks the end of life as the leader knows it and the start of a new and unfamiliar phase. A grieving process is not uncommon. For entrepreneurs, business shapes self-image and Read More...
Category: Applied and Practice
Authors: Simon Caspary , Tom Rüsen and Heiko Kleve
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
While male leaders often view stepping down as a threat to their identity and accomplishments, female leaders appear to be motivated by other factors. EDITOR‘S NOTE: This article was produced Read More...
Category: Research Insight
Authors: Nancy Forster-Holt , Jim Davis and Cassidy Creech
FamilyBusiness.org attracted more than 5.5 million page views in 2024, and judging from the best-read articles published last year, many readers wanted advice about handling toxic family Read More...
Category: Commentary
Authors: Kimberly Eddleston and Mat Hughes
Baby Boomers are set to hand down trillions of dollars to younger generations. Family firms must consider how to transfer their ownership shares, and how much goes to whom. Around the world, an aging Read More...
Category: Practice Insight
Authors: Martin Kemp and Susan Lanz
Like many family business leaders, John Dutton struggles to uphold longstanding traditions while external competitive pressures mount and next-gens clamor for change. "Yellowstone" is an American Read More...
Category: Practice Insight
Authors: Robin Burns and Ana Gonzalez