Profile

Member since 2019

Family Business Editor, Reviewer - FB.org

Claudia Binz Astrachan

Head of Governance Practice at Generation 6 | Family Enterprise Advisors / Lucerne School of Business / Affiliated Researcher at Jönköping University (CeFEO) and Witten/Herdecke University

Bio: https://www.generation6.com/our-team/claudia-binz-astrachan

Authored Resources

Successful Successions are Never Smooth

81156 views

The people involved expect the conflict, view it as natural and do not let it get in the way of things. Here are four tips for the big handoff.

Category: Applied and Practice

COVID-19: Understanding the Board’s Key Role During a Crisis

13926 views

The board must balance the interests of family and business, and help build and preserve commitment and continuity when tough decisions must be made.

Category: Applied and Practice

How Values-Based Communication Can Promote Racial Justice and Equality

1911 views

Messages that proclaim solidarity can backfire if they are perceived as opportunism rather than a genuine commitment to the cause. Is your company walking the talk?

Category: Commentary

How Family Dynamics Shape Family Businesses

15619 views

Want your family business to run more smoothly? Examine your own relationships with parents, siblings and other relatives -- and talk to one another often.

Category: Commentary

Research Reveals How Business Families Have Coped With COVID-19

6330 views

Researchers surveyed more than 1,000 family businesses around the world to see how they're handling the pandemic. Here is what they learned.

Category: Research Insight

Four Things that the Best Family Business Boards Do Well

1481 views

Independent directors hold others accountable and encourage change even when firmly entrenched relationships or operating philosophies make it seem impossible.

Category: Applied and Practice

Should You Brand Your Family Business? Evidence from Research and Practice

3704 views

Touting its family ownership may help a firm impress some stakeholders, but may deter others. The family must be strategic in its branding efforts.

Category: Applied and Practice

The Best Family Business Boards Embrace Candor and 'Necessary Endings'

497 views

Boards are there to help you be more successful. Here's more advice on how family business leaders can harness their board's full potential.

Category: Applied and Practice

Developing Competent Owners and Stewards for a Lasting Family Business

268517 views

Educating family members to become such competent, responsible stewards of the family enterprise is a responsibility, and not a choice.

Category: Applied and Practice

The Hybrid Workplace is Here to Stay: 5 Ways to Make it Work

27796 views

Elon Musk is swimming against a global tidal wave of employee sentiment about how work gets done. Why it's best to go with the flow.

Category: Applied and Practice

What All Family Businesses Can Learn From the Merck Family

8141 views

The Germany-based global health care, pharmaceutical and performance materials firm has kept its vast family ownership team aligned for 13 generations.

Category: Commentary

Family CEO Burnout: How to Prevent, Recognize and Deal With It

4067 views

How can leaders keep themselves from getting worn down or recognize burnout in themselves? And what should family members do if they see their leader struggling?

Category: Commentary

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

3430 views

It's naturally assumed that future leaders should toil in the trenches somewhere else first, but this has some significant drawbacks.

Category: Commentary

Why Don't You Educate Your Owners?

2826 views

Everyone agrees that families should train members to become competent owners and stewards of the family business – but few of them actually walk the talk.

Category: Applied and Practice

Growing Pains: Helping a Family Office to Evolve

1575 views

The Single Family Office should be a strategic partner that ensures future stability, but this family saw them as a piggybank.

Category: Education and Teaching

Do You Treat In-Laws Like the Family Business Outlaws ?

1358 views

Families differ in their willingness to integrate outsiders into their family circle, but be careful: these actions influence the included or excluded individuals in different ways.

Category: Applied and Practice