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Family Firms Must Address Mental Health Challenges

Anxiety, depression, and other conditions disrupt business operations and strain relationships. Ignoring them won’t make them go away. In the world of family businesses, success often comes with a Read More...

Category: Commentary

Author: Andrew Keyt

Family Businesses Can Learn From the Battling Brothers of Oasis

Over the past month the entertainment world has been buzzing about the reunion of Oasis, one of the major bands of the '90s. This concerns brothers Noel and Liam Gallagher, who were able to rise to Read More...

Category: Commentary

Author: Salvatore Sciascia

Employees With Toxic Traits Can Still Be An Asset at Family Firms

The emotional connection that families have with their companies can encourage good performance -- even from employees with narcissism, psychopathy, and Machiavellianism. EDITOR’S NOTE: This Read More...

Category: Research Insight

Authors: Benjamin McLarty and Daniel T. Holt

'Performance-Enhancing Vices': Good for Business, Bad for Relationships

Many legendary business leaders -- think Steve Jobs, or Elon Musk -- have had troubled personal lives. According to business advisor and author David Werdiger, the same traits that make someone Read More...

Category: Commentary

Authors: Kimberly Eddleston and David Werdiger

Family History Can Be Repurposed to Serve Today's Challenges

The stories that families tell about their past matter.  Here are some ways that families can begin to use the past to serve their present-day goals. EDITOR’S NOTE: This article was produced Read More...

Category: Research Insight

Authors: Christina Lubinski and William Gartner

Storytelling Vividly Illustrates Your Family Business Values

Values can form a strong foundation for a family business. Through shared values, we feel united and form a bond of culture, history, and pride. This bond can motivate each member of the family to Read More...

Category: Practice Insight

Author: Eva Fischer Hansen

Renewing the Empire: A Family Firm's Succession and Refit Journey

While the global business environment is forever changing, family firms often stand for longevity and stability -- and stable, long-term management is a key strategic element in their performance Read More...

Category: Research Insight

Authors: Melania Riefolo , Sena Özkara , Baris Istipliler and Jan-Philipp Ahrens

Why Families and Their Firms Behave Badly

Sometimes the worst behavior happens for all the right reasons. Putting "family first" can jeopardize the business's health and longevity. EDITOR’S NOTE: This article was produced in partnership Read More...

Category: Research Insight

Authors: Roland Kidwell , Kimberly Eddleston , Linda Kidwell , John Cater and Ellison Howard

A False Sense of Urgency Helps Neither Family Nor Business

Many of us are (or at least we believe ourselves to be!) natural-born problem solvers: Once we recognize a problem, we want to resolve it as expediently as possible. As a result, we fall into Read More...

Category: Practice Insight

Authors: Joseph Astrachan and Claudia Binz Astrachan

How Founders Can Stay Relevant When the Next Gen Takes Over

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