Family Business

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Innovating With Agility: Tips and Tricks for Resurgence and Growth

Part two of a two-part series. As new cases of COVID-19 emerge around the world (as of late July, 2021), the disease continues to remind us that the only certainty is uncertainty -- a theme I Read More...

Category: Applied and Practice

Author: Mat Hughes

The Best Family Business Boards Embrace Candor and 'Necessary Endings'

Second of a two-part series From our studies evaluating the effectiveness of boards at family firms, we’ve seen first-hand how strong boards can help family businesses be more successful. In Read More...

Category: Applied and Practice

Authors: Claudia Binz Astrachan , Joseph Astrachan and Hermut Kormann

Getting Your Family Business Ready for the 'New Normal'

Part one of two Eighteen months into the COVID-19 pandemic, we are seeing signs of a return to something resembling normality. Vaccination programs are now underway at a substantial pace, and Read More...

Category: Applied and Practice

Author: Mat Hughes

How Women Family Business Leaders Are Thriving in Morocco

For generations, grandmothers, mothers, daughters and aunts have played informal, behind-the-scenes but important roles in family businesses worldwide. They have provided critical emotional support Read More...

Category: Applied and Practice

Authors: Dora Jurd de Girancourt and Thami Ghorfi

Should You Brand Your Family Business? Evidence from Research and Practice

Should you join the growing number of family businesses that proudly promote the fact that they are (and have been) family owned – for decades, some even for centuries? Or do you prioritize your Read More...

Category: Applied and Practice

Author: Claudia Binz Astrachan

Four Things that the Best Family Business Boards Do Well

First of a two-part series Can you quantify your board’s contribution to the performance of your family business? Even if you can’t put a number on it, you should have a keen sense of how much Read More...

Category: Applied and Practice

Authors: Claudia Binz Astrachan , Joseph Astrachan and Hermut Kormann

To Encourage Innovation, Tap the Next Generation of Leaders

In these times of change and uncertainty, one thing is still certain: product-service innovation remains the lifeblood of family firms. Without innovating, pioneering competitors will make existing Read More...

Category: Research Insight

Author: Mat Hughes

Family Business Succession Planning: 10 Golden Rules

There is no one-size-fits-all approach to family business succession planning. Every situation is different and every family is uniquely complex. However, some principles appear to transcend culture Read More...

Category: Applied and Practice

Authors: Tom Rüsen , Torsten Groth and Arist von Schlippe

Succession: Don't Assume Your First-Born is the Anointed One

  Succession is a defining moment in all family businesses, and making the right choice about who is going to be the next CEO can be critical to survival. Tradition, previous choices, and Read More...

Category: Research Insight

Author: Andrea Calabrò

How to Build Multiple Sources of Revenue for Your Business

  This article is part of  America's Entrepreneurs , a Next Avenue initiative made possible by the Richard M. Schulze Family Foundation and  EIX. Have you ever heard that a millionaire Read More...

Category: Features

Author: Jacqueline Snyder