Running a family business tips
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Research shows that family businesses enjoy numerous reputational benefits in their relationships with stakeholders ( Astrachan , 2021). Customers usually believe they provide better quality; Read More...
Category: Research Insight
Authors: Philipp Jaufenthaler , Oliver Koll , Reinhard Prügl and Maximilian Lude
We already know that family firms differ from non-family firms by their powerful commitment to core values that subordinate profit to other goals. While non-family companies use rationality and Read More...
Category: Research Insight
Authors: Roy Suddaby , Wilson Ng , Natalia Vershinina , Gideon Markman and Matthew Cadbury
FamilyBusiness.org aspires to be the #1 peer-reviewed resource for thought leadership in family business for owners and leaders, students, and professors. To achieve this goal, we are building a Read More...
Category: Commentary
Authors: Mat Hughes and Kimberly Eddleston
In popular culture, the portrayal of family businesses in movies and TV shows, such as Ridley Scott’s "House of Gucci" or HBO’s "Succession," often revolves around the pursuit of wealth and the Read More...
Category: Applied and Practice
Authors: Claudia Binz Astrachan and Anneleen Michiels
PD Instore , which designs and builds product displays that help companies create a great customer experience, found an innovative way to help its employees feel more connected with one Read More...
Category: Interviews
Author: Kimberly Eddleston
People wear many hats at family businesses: owners, managers, and family members. All too often, says family business advisor Sara B. Stern, they're thinking like family members rather than owners Read More...
Category: Interviews
Authors: Kimberly Eddleston and Sara Stern
FamilyBusiness.org, a leading resource for family business owners, entrepreneurs, and anyone interested in learning more about family businesses, is excited to announce the launch of its new YouTube Read More...
Category: Commentary
Author: Jennifer Gessner
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