family business succession planning
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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
Most significant wealth is created through entrepreneurship, and in many countries family business plays a large role. But once the family business is established and successful, what further Read More...
Category: Applied and Practice
Author: David Werdiger
HBO The HBO hit series "Succession" -- detailing the family business conflict, backstabbing, jealousy and double-dealing at the fictitious family-run media empire Waystar Royco --has won several Read More...
Category: Interviews
Author: Kimberly Eddleston
Interviewee: Spencer Burke
A family business founder or leader often toils for years to cultivate good relationships with people, organizations, and businesses outside the family, including banks, suppliers, customers, and the Read More...
Category: Research Insight
Authors: Luis Cisneros , Bérangère Deschamps and Sebastien Geindre