Succession

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Women Show Their Strengths When Family Businesses are in Trouble 

Around the world, women have always been part of family businesses. However, little is known about how they affect the continuity of family firms in certain areas of the world, especially patriarchal Read More...

Category: Research Insight

Authors: Allan Discua Cruz , Eleanor Hamilton , Giovanna Campopiano and Sarah Jack

How Families Can Run Their Businesses With Both Head and Heart

FamilyBusiness.org Senior Editor Mat Hughes recently appeared on R. Adam Smith’s LinkedIn channel to talk about a challenge that all family businesses face: the pull between the passions and Read More...

Category: Commentary

Authors: Mat Hughes and R. Adam Smith

Why Family Businesses Must Mind the (Generation) Gap

  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

Founders: Let Next-Gens be Entrepreneurial

  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

One Family, Multiple Businesses: Preserving Harmony and Profits

For business or emotional reasons, sometimes one family ends up with more than one business under its umbrella. An entrepreneurial, ambitious family member may want to launch a new venture, or a Read More...

Category: Interviews

Author: Kimberly Eddleston

Wealth Can be Hazardous to Future Family Business Leaders

  Preparing the next generation for leadership is an important mission for family businesses. But all too often, the comfortable lifestyle that family wealth makes possible does not do the Read More...

Category: Interviews

Author: Kimberly Eddleston

Creating a Succession Plan for Your Business

From left to right, Kieran Culkin, Jeremy Strong, Sarah Snook and Brian Cox in HBO's "Succession."   |   Credit: Photograph by Graeme Hunter/HBO Editor’s note: This article Read More...

Category: Features

Author: Richard Eisenberg

Thicker Than Water: Balancing Individual Career Goals and the Family Business

With family-owned businesses accounting for a whopping share of the economy, the nature of family members’ individual career development in that sector is important and interesting. How indeed do Read More...

Category: Research Insight

Authors: Leona Achtenhagen , Kajsa Haag , Kajsa Hultén and Jen Lundgren

Over My Dead Body: The Unseen Influence of Wives on Succession

Around the world, women have risen to the upper echelons of family businesses. But among women who are wives of the family business leader, even those involved in the business themselves, attitudes Read More...

Category: Research Insight

Authors: Barbara Cosson and Michael Gilding

Don't Send Your Kids to Work Outside the Family Business Just Yet!

Should family members work outside the family business before joining? Experts have long recommended that this is the best (and only!) way for the next generation to learn the skills and knowledge Read More...

Category: Commentary

Authors: Joseph Astrachan , Isabel C Botero , Carol Wittmeyer and Claudia Binz Astrachan