Celebrating Our 10th Anniversary
//April 23, 2024 - Issue #116
Dick Schulze Reflects on Our Growing Impact The Best Buy founder, whose charitable foundation supports our site, reflects on our growing reach to family business leaders around the world.
A Family's Non-Financial Values Shape Its Sustainability Strategy Families that focus on renewing their non-financial values in future generations are more likely to have a formal program.
Using AI to Grow Your Family Business AI promises to be a tidal wave that wipes out old processes and re-shapes businesses at every stage. Top thinkers share their perspectives in these articles.
Family Business Succession: Your Questions Answered This new page of FamilyBusiness.org answers many of your most important questions about succession and has links to dozens of articles.
Timeless Lessons from Dick Schulze The founder of Best Buy (and EIX and FamilyBusiness.org) has always had a passion for helping business owners succeed. He lives by these rules. Passing down the founder's charisma to the next generation
EIX, FamilyBusiness Will Reach 12 Million Annual Page Views From just 20,000 views 10 years ago, the two sites have had explosive year-over-year growth. FamilyBusiness.org is now the most-visited site devoted to family firms.
How Best Buy Engages Employees in Putting Customers First In an era when customers are always ready to bolt, business owners must find new ways to keep them coming back. Search & Save Enter search below to create an easy reading list
Recent
Why Do We Treat Strangers Better Than Family Members?
by Kimberly Eddleston
/ Interviews
A family business consultant explores this question, and shares advice on managing conflict, setting boundaries, and cultivating more kindness within the family. Read more...
How to Encourage Devotion Among Nonfamily Employees
by Josep Llach, Valeriano Sanchez-Famoso, and Dr. Sharon M. Danes
/ Research Insight
Good things happen when employees identify with the firm, participate in decision-making and feel loyalty -- and certain combinations of the three are most effective. Read more...
Women on Family Business Boards Shun Layoffs
by Jessenia Davila, Luis Gomez-Mejia, Fernando Muñoz-Bullon, and Maria J. Sanchez-Bueno
/ Commentary
Research showed that women directors valued relationships with all stakeholders and had a long-term view that prioritized workforce security. Read more...
Why Women CEOs Offer Family Businesses an Entrepreneurial Advantage
by Kimberly Eddleston and Franz Kellermanns
/ Research Insight
Family firms, unlike non-family firms, value a learning-based path to entrepreneurship, which plays to women’s strengths. Read more...
Trending
How Family Firms Can Prevent (or Cool Down) Sibling Rivalries
by Jonas Ruzek and Kimberly Eddleston
How to Plan for a Successful Succession
by Richard Eisenberg
How to Run a Family Business Successfully
by Kerry Hannon
Future Family Business Owners Can Learn to Manage Conflict
by Ritch Sorenson
Helping Next-Gens Envision Their Family Firm’s Future Success
by Nadine Kammerlander and Friedrich Kammerlander
Female Advisors Can Help Family Businesses
by Kimberly Eddleston and Devina Raithatha
Editorial offices located at St Thomas University
Popular
Micro Venture Capital: A Growing Source of Startup Funding
by Mario Daniele Amore, Annamaria Conti, and Valerio Pelucco
Succession, Money, and Relationships Were Top-10 Topics in 2023
by Mat Hughes and Kimberly Eddleston
When the Family Leaves the Business, Can Their Values Remain?
by Roy Suddaby, Wilson Ng, Natalia Vershinina, Gideon Markman, and Matthew Cadbury
Better Let Your Brother Do It: Men Are Still Preferred in CEO Successions
by Jan-Philipp Ahrens, Melania Riefolo, Annegret Hauer, and Katharina Siegert
Here's Why Family Businesses Need Branding
by Kimberly Eddleston
Entrepreneurship in an Era of Digital Transformation
by Elisabeth E. Bennett, PhD
Supported by the Richard M Schulze Family Foundation