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Encouraging Family Business Members to Go the Extra Mile

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

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

Family Business Experts: How to Survive the Holidays Intact

While the holidays are supposed to bring magic and joy to people’s lives, they are also an immense source of anxiety and stress. Family can be the root cause of this stress -- and families who run Read More...

Category: Commentary

Author: Kimberly Eddleston

How to Grow Your Family Business

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

From Entitlement to Contribution

When a father, absent during the day, returns home at six, his children receive only his temperament, not his teaching. -- Robert Bly A client told me once that all a family member needed to come Read More...

Category: Commentary

Author: Robert Caldwell

Thriving or Trapped in the Family Business?

For some individuals, working in a family business can be an incredible gift.  For others, it's a prison without any chance of parole.  For those who are feeling trapped in the family Read More...

Category: Commentary

Author: Michael Klein

'There's No Birthright' and Other Tips for Raising Entrepreneurial Leaders

Joe Brito, the third-generation head of C.B. Utility Co. in Bristol, Rhode Island, started his career in the family business as a laborer.  He firmly believes that anybody entering their family Read More...

Category: Commentary

Author: Kimberly Eddleston

How Family Business Leaders Can Encourage Both Devotion and Performance

Family businesses have unique strengths and unique problems because they blend two identities -- "family" and "business" -- whose priorities are often at odds. While the family identity nurtures Read More...

Category: Applied and Practice

Authors: Roland Kidwell and Kathryn Kloepfer

Why Family Firms Are Like Jenga

With ties that bind emotionally and legally, family businesses are different from non-family firms:  sensitive, easily disrupted and conflict-prone. But in this interview with FamilyBusiness.org Read More...

Category: Interviews

Author: Kimberly Eddleston

The 'Fredo Factor:' How Deadbeats and Troublemakers Hurt Family Businesses

The Corleones of "Godfather" fame are an extreme example of a “family business.” But like many family businesses, they have a family member who is a serious hindrance to their business, is less Read More...

Category: Applied and Practice

Author: Kimberly Eddleston