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Your Family Needs An Emergency Succession Plan

As we all know, successions and family business succession planning are rarely easy, but unexpected transitions pose a significant risk to family businesses. When Herbert Fisk Johnson, Sr., the Read More...

Category: Commentary

Author: David Deeds

Does the Family Matter? Improving Executive Compensation Practices in Family Firms

The salaries of top executives can be a hot topic and a source of family business conflict and stress – at family businesses and non-family firms. How can family business leaders decide what’s Read More...

Category: Research Insight

Authors: Roland Kidwell , Anneleen Michiels and Isabel C Botero

The Family Business 'Generation Gap' Can Undermine Success

The upcoming generation of family firm leaders often don't see things the same way as their parents and grandparents do. Professor Peter Jaskiewicz has explored this disconnect deeply in his new book Read More...

Category: Interviews

Author: Kimberly Eddleston

Next-Gens Want Peers, Not Parents, to Lead Them

Millennials, those born between the end of the ‘70s and the beginning of the new millennium, are accustomed to the limitless possibilities of the online world, where local or even country borders Read More...

Category: Research Insight

Authors: Alessandro Cirillo , Barbara Maggi , Salvatore Sciascia , Valentina Lazzarotti and Federico Visconti

Strategies for Keeping Your Family Connected

  In her second interview with Familybusiness.org, Mitzi Perdue shares strategies from her book entitled How to Keep Your Family Connected. This workbook, which complements her book How to Make Read More...

Category: Interviews

Author: Kimberly Eddleston

A Family Firm Can Be Both an Innovator and a Great Place to Work

Photo Courtesy of Carl Schlenk AG To thrive, family firms need to cultivate loyal, long-term employees, as they ensure a stable and reliable business. At the same time, family firms need to encourage Read More...

Category: Research Insight

Authors: Emanuela Rondi , Ruth Überbacher , Leopold von Schlenk-Barnsdorf , Alfredo De Massis and Marcel Hülsbeck

Family Business Experts: How to Survive the Holidays

While the holidays are supposed to bring magic and joy to people’s lives, they are also an immense source of family business conflict, anxiety, and stress. Family can be the root cause of this Read More...

Category: Commentary

Author: Kimberly Eddleston

How Family Firms Can Prevent (or Cool Down) Sibling Rivalries

Stories abound about sibling rivalries and family business conflict that have harmed family businesses and the families behind them. For instance, Charles and David Koch were sued by their brothers, Read More...

Category: Applied and Practice

Authors: Jonas Ruzek and Kimberly Eddleston

Divorce Can Hollow out a Family Business — But it Doesn’t Have to

With Bill and Melinda Gates’ divorce making headlines across the globe, many are wondering how the split will affect their joint business dealings — especially the Gates Foundation, which they Read More...

Category: Applied and Practice

Authors: Kimberly Eddleston and Jonas Ruzek

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