SEARCH RESULTS
Family businesses often behave in unique ways: They forego business opportunities to retain the family’s control over the business, stick to family traditions that are outdated, and prefer family Read More...
Category: Applied and Practice
Authors: Peter Jaskiewicz , Josh Hsueh , Elizabeth Tetzlaff and Giovanna Campopiano
Despite the COVID-19 pandemic being mostly behind us, many organizations, particularly family-led small and medium-sized businesses (SMEs), are still grappling with the fallout. During a crisis or Read More...
Category: Research Insight
Authors: Qizhen Cai and Kimberly Eddleston
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
It’s been proven that dedicated employees who go above and beyond what the job specifies help their companies be more efficient and keep customers happy. Other research has shown that leaders can Read More...
Category: Research Insight
Authors: Kimberly Eddleston and Kristen Madison
Working in a family firm can be either satisfying or stifling for someone who’s not a relative. Interpersonal relationships can be stronger than they would be in non-family firms, and the work Read More...
Category: Applied and Practice
Authors: Franz Kellermanns , Nicole Gottschalck and Christina Guenther
Family firms typically emphasize one of two management approaches: stewardship, which stresses participation, adaptability and family harmony; and agency, which emphasizes discipline, management and Read More...
Category: Commentary
Authors: Kimberly Eddleston , Franz Kellermanns and Roland Kidwell
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
This article is part of America’s Entrepreneurs , a Next Avenue initiative made possible by the Richard M. Schulze Family Foundation and EIX, the Entrepreneur and Innovation Exchange .) Taking a Read More...
Category: Features
Author: Kerry Hannon