Family Business

Use "Family Business" in advanced search


Should Family Businesses Have Employee Ownership Plans?

Like almost all family businesses, Commercial Casework in Hayward, California had to plan for when family owners would want to sell. The company, with about 100 employees, is one of the San Francisco Read More...

Category: Commentary

Author: Corey Rosen

Should Family Members Be the 'Face' of Your Company?

Around the globe, advertisements for family businesses regularly include expressions like: “Our family serving yours for the last three generations” and, “Our name on the product guarantees its Read More...

Category: Commentary

Authors: Jonas Ruzek , Ben Cooper and Kimberly Eddleston

Advice for Untangling Conflict in a Family Business

Janme Sinha became intrigued by family business conflict and dynamics when a distraught friend confided that his recently deceased father had left all of the shares of the family business to his Read More...

Category: Interviews

Author: Kimberly Eddleston

Don't Send Your Kids to Work Outside the Family Business Just Yet!

Should family members work outside the family business before joining? Experts have long recommended that this is the best (and only!) way for the next generation to learn the skills and knowledge Read More...

Category: Commentary

Authors: Joseph Astrachan , Isabel C Botero , Carol Wittmeyer and Claudia Binz Astrachan

Family CEO Burnout: How to Prevent, Recognize and Deal With It

Between COVID, supply chain issues, armed invasions, unstable markets, and the great resignation with millions of workers leaving the workforce (Parker & Menasce Horowitz, 2022) – or, more Read More...

Category: Commentary

Authors: Lars B. Sonderegger , Claudia Binz Astrachan and Joseph Astrachan

Women Can Help Family Firms Innovate – but Socioemotional Factors Matter

Around Europe and elsewhere, the number of women in leadership roles is going up, and they are having a measurable impact on innovation and profits. Many researchers have found that having more women Read More...

Category: Research Insight

Authors: Jonathan Bauweraerts , Emanuela Rondi , Paola Rovelli , Alfredo De Massis and Salvatore Sciascia

Firm But Flexible Parents Raise the Best Family Business Leaders

In their aim to raise the next generation of family business leaders, parents often question if their parenting style is effective. They often ask themselves: Am I being too lenient or too strict? Am Read More...

Category: Research Insight

Authors: Kimberly Eddleston , Kristen Shanine and Kristen Madison

What All Family Businesses Can Learn From the Merck Family

The Merck family business dates back to this apothecary, founded in 1668. The German Merck family has succeeded where many business families have failed: Keeping a group of 319 family members, Read More...

Category: Commentary

Authors: Tom Rüsen , Claudia Binz Astrachan and Frank Stangenberg-Haverkamp

How to Keep Remote Workers Inspired and Engaged

Like all kinds of firms, family businesses have undergone a culture shock because of the pandemic. After starting out in the pandemic’s early days as a survival mechanism, remote work is now Read More...

Category: Commentary

Author: Jay Mulki

'Big Family:' Relatives Outside the Family Business Can Help It Thrive

Words like “non-active” or “passive” are misnomers for family business members that work elsewhere. On the contrary, these “satellite” family members are quite active and beneficial to Read More...

Category: Research Insight

Author: Mat Hughes