Help with a family business
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Just two years ago, generative AI was not on anyone's radar. But today, it promises to be one of the most disruptive forces for family businesses and all kinds of firms. We have seen it in our own Read More...
Category: Applied and Practice
Authors: Mat Hughes and David Townsend
Family businesses often have not only financial wealth but also nonfinancial values that make them different from nonfamily companies. For instance, the family’s significant control over ownership, Read More...
Category: Research Insight
Authors: Josh Hsueh , Alfredo De Massis and Luis Gomez-Mejia
If you watch television or read the business pages, you already know that little or no succession planning at family businesses can lead to devastating consequences: back-stabbing, lawsuits, Read More...
Category: Commentary
Authors: Kimberly Eddleston and Mat Hughes
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
FamilyBusiness.org aims to provide family business owners and leaders advice that helps them be more successful. One important source of advice is based on research: rigorous studies that analyze Read More...
Category: Commentary
Authors: Kimberly Eddleston and Mat Hughes
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
For family businesses, branding goes well beyond logos and advertising slogans. It gets to the heart of what makes a family firm successful and admired by customers, suppliers, employees and other Read More...
Category: Interviews
Author: Kimberly Eddleston
Have you heard this before? “If it wasn’t for my in-laws, our family would be fine!” Such frustrated statements are typically followed by rants about how someone spends too lavishly, does not Read More...
Category: Applied and Practice
Authors: Claudia Binz Astrachan , Joseph Astrachan and Torsten Pieper
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
When Katie Rucker was asked to lead a $15 million fundraiser for a local Ronald McDonald House, her twin sister Jenny Dinnen at first worried about running the family business without her co-leader. Read More...
Category: Interviews
Author: Kimberly Eddleston