Running a family business tips
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Many people assume that when a family business honors its past, it can’t focus on the future. But our research has found that having the right incentives in place encourages employees at family Read More...
Category: Research Insight
Authors: Elisa Villani , Christian Linder , Alfredo De Massis and Kimberly Eddleston
Strong emotional bonds between family members underpin the success of family businesses. But all too often, being emotionally or geographically distant can weaken those bonds and undermine the Read More...
Category: Interviews
Author: Kimberly Eddleston
EDITOR'S NOTE: FamilyBusiness.org Senior Editor and EIX contributor Mat Hughes spoke with leading AI researcher and innovation expert Paavo Ritala on how new generative AI technologies like ChatGPT Read More...
Category: Interviews
Authors: Mat Hughes and Paavo Ritala
We’ve seen the remarkable impact of in-laws on famous family businesses, for better or worse. Examples include the infamous Gucci family feud between Maurizio Gucci and his wife Patrizia Reggiani, Read More...
Category: Research Insight
Authors: Marco Mismetti , Emanuela Rondi and Cristina Bettinelli
Publicly traded family firms may attract all sorts of investors from outside the family. And like other publicly traded firms, they sometimes attract activist hedge funds, whose primary purpose often Read More...
Category: Research Insight
Authors: Matthias G. Leute , Yannick Bammens , Martin Carree and Jolien Huybrechts
Family businesses are unstoppable when they benefit from the wisdom of founders and older leaders and the forward-thinking, innovative outlook of the next generation. But all too often, these Read More...
Category: Interviews
Author: Kimberly Eddleston
The book The Paradox of Choice , written by Barry Schwartz and first published in 2004, posits that people, in general, suffer a loss of happiness because we have too much choice in everything we Read More...
Category: Practice Insight
Author: Doug Baumoel
A family firm's longevity depends on fresh approaches to doing business, but all too often these fresh insights can clash with the family's entrenched way of doing things. Founders especially Read More...
Category: Interviews
Author: Kimberly Eddleston
It is your worst nightmare. You’ve passed away, and now your adult children no longer speak to each other. Circumstances around your death have destroyed the family you spent your life building, Read More...
Category: Features
Author: Patrick O'Brien
Should families talk about their business during mealtime? On the one hand, some argue that mealtime should be about the family, with time being devoted to building family bonds and personal Read More...
Category: Research Insight
Author: Kimberly Eddleston