Family Business
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Only about a third of family businesses make it to a second generation beyond the founder. Conventional wisdom says that these firms falter because the owners didn’t have a succession Read More...
Category: Theory and Research
Authors: James Hoffman , Ritch Sorenson and Keith Brigham
Family firms typically emphasize one of two management approaches: stewardship, which stresses participation, adaptability and family harmony; and agency, which emphasizes discipline, management and Read More...
Category: Commentary
Authors: Kimberly Eddleston , Franz Kellermanns and Roland Kidwell
It's been said that, “Once you have seen one family firm, you have seen just one family firm.” While it’s popular to say that every family firm is unique, as a researcher I take issue with the Read More...
Category: Applied and Practice
Author: Thomas Zellweger
While the holidays are supposed to bring magic and joy to people’s lives, they are also an immense source of anxiety and stress. Family can be the root cause of this stress -- and families who run Read More...
Category: Commentary
Author: Kimberly Eddleston
This article is part of America’s Entrepreneurs , a Next Avenue initiative made possible by the Richard M. Schulze Family Foundation and EIX, the Entrepreneur and Innovation Exchange . Part of the Read More...
Category: Features
Author: Chris Farrell
(This article is part of America’s Entrepreneurs , a Next Avenue initiative made possible by the Richard M. Schulze Family Foundation and EIX .) Second-act entrepreneurship is a certifiable trend, Read More...
Category: Features
Author: Chris Farrell
Conceptualization that is induced by the play (Kolb & Kolb. 2005). This study echoes the thesis of John Dewey (1916), one of the most influential thinkers in educational theory in the 20th Read More...
Category: Applied and Practice
Authors: Salvatore Tomaselli and Danilo Maurici
If you're reading this article, you may want to lead your family business someday but have not yet taken control of the direction your career is heading. Or perhaps you are experiencing some of Read More...
Category: Commentary
Authors: Dr. Susan Laverick and Elizabeth Bagnall
When it comes to innovation, family firms often are trapped in an “ability–willingness paradox”: the superior ability to innovate is unrealized because of fear of innovation. Our research 1 Read More...
Category: Applied and Practice
Authors: Emanuela Rondi , Alfredo De Massis and Josip Kotlar
Bernette Dawson named her line of skin care products "Made Organics," which stands for "Mother Approved Daily Essentials." The idea for the business was born after Dawson's son developed a skin Read More...
Category: Interviews
Author: Kimberly Eddleston