What All Family Businesses Can Learn From the Merck Family

The Merck family business dates back to this apothecary, founded in 1668. The German Merck family has succeeded where many business families have failed: Keeping a group of 319 family members, Read More...

Category: Commentary

Authors: Tom Rüsen , Claudia Binz Astrachan and Frank Stangenberg-Haverkamp

Should Your Next CEO be From Outside the Family?

In her discussion with Matt Nielsen of Nielsen-Massey Vanillas International, Editor Kimberly Eddleston goes into a sensitive topic for many family firms: whether an outside leader is better equipped Read More...

Category: Interviews

Author: Kimberly Eddleston

Non-Family Board Members Bring Perspective and Growth

What happens at a family firm with shared ownership and leadership? Matt Nielsen, Managing Director of Nielsen-Massey Vanillas International Europe, is candid about the disagreements and stalemate Read More...

Category: Interviews

Author: Kimberly Eddleston

Why Does EOS/Traction Work So Well for Family Businesses?

Imagine this not so uncommon family business situation. In a f ourth-generation family business, the transition between the previous generations always went from the father to son in the business: Read More...

Category: Commentary

Author: Sara Stern

A Family Firm Can Be Both an Innovator and a Great Place to Work

Photo Courtesy of Carl Schlenk AG To thrive, family firms need to cultivate loyal, long-term employees, as they ensure a stable and reliable business. At the same time, family firms need to encourage Read More...

Category: Research Insight

Authors: Emanuela Rondi , Ruth Überbacher , Leopold von Schlenk-Barnsdorf , Alfredo De Massis and Marcel Hülsbeck

Learn from Leaders #5: Growing the Business

  This is the final video in our exclusive series called "Learn from Leaders," featuring advice for early-stage entrepreneurs and innovators from founders and CEOs of groundbreaking Read More...

Category: Interviews

Authors: Daniel Forbes and Jon Eckhardt

A Road Map for Resurgence

The end of the year is typically a time to for EIX and familybusiness.org to showcase their best-read articles from the past year in several broad themes: evaluating opportunities, financing, Read More...

Category: Commentary

Authors: Kimberly Eddleston and Daniel Forbes

Developing responsible owners in family business

“When owners start talking about their rights rather than their responsibilities, a family business is in trouble“.  (Smith Lanier) Introduction Management and organization research and Read More...

Category: Applied and Practice

Authors: Torsten Pieper and Joseph Astrachan

Family Office Continuity in the Time of COVID19

As the Covid-19 virus spreads rapidly through the United States, most of the U.S. universities, businesses, government agencies, and school systems began a massive push to work from home or attend Read More...

Category: Commentary

Authors: Hung-bin Ding and Dr. Rosa Nelly Trevinyo-Rodriguez

Understand Your Family Firm's Core Strengths and Weaknesses

It's been said that, “Once you have seen one family firm, you have seen just one family firm.” While it’s popular to say that every family firm is unique, as a researcher I take issue with the Read More...

Category: Applied and Practice

Author: Thomas Zellweger