family business succession planning
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Recent events in the US Presidential race have focused people around the world on the topic of leadership and age. When is a leader, whether of a country or a business, too old to do the job? When Read More...
Category: Commentary
Author: Salvatore Sciascia
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
If you watch television or read the business pages, you already know that little or no succession planning at family businesses can lead to devastating consequences: back-stabbing, lawsuits, Read More...
Category: Commentary
Authors: Kimberly Eddleston and Mat Hughes
For all kinds of companies including family businesses, a charismatic founder or leader can bring profound benefits, especially if he or she is well-liked. It can boost sales and make it easier to Read More...
Category: Interviews
Author: Kimberly Eddleston
Interviewee: Meghan Lynch
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
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 and the Read More...
Category: Interviews
Author: Kimberly Eddleston
Interviewee: Tony Wood
Succession is the biggest threat to the robust returns of family business ownership . If you don’t master the three perilous stages of transition, you risk damaging your family business and legacy. Read More...
Category: Applied and Practice
Author: Ryan Renteria
People wear many hats at family businesses: owners, managers, and family members. All too often, says family business advisor Sara B. Stern, they're thinking like family members rather than owners Read More...
Category: Interviews
Authors: Kimberly Eddleston and Sara Stern
Interviewee: Sara Stern
Family business succession planning, innovation, salaries, legacy, and values are topics that all business families grapple with at times, especially when they include multiple generations with Read More...
Category: Commentary
Authors: Mat Hughes and R. Adam Smith