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Preparing the next generation for leadership is an important mission for family businesses. But all too often, the comfortable lifestyle that family wealth makes possible does not do the Read More...
Category: Interviews
Author: Kimberly Eddleston
Assessments, tests, and evaluations are being used more routinely in businesses, and new tools are coming on the market designed specifically for family firms. In our consulting work with families Read More...
Category: Practice Insight
Author: Doug Gray, PhD
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forego business opportunities to retain the family’s control over the business, stick to family traditions that are outdated, and prefer family Read More...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
The University of St. Thomas (Minneapolis) Family Business Center in February 2023 put together a panel discussion for family firms, focusing on lessons learned from families who Read More...
Category: Practice Insight
Author: Jon Keimig
Family business researcher, lecturer, and advisor Claudia Binz Astrachan has studied first-hand how effective boards of directors steer family business management towards strategies that make the Read More...
Category: Interviews
Author: Kimberly Eddleston
Family businesses everywhere are responding to the succession challenge in profound ways. Preserving cherished family traditions and relationships is just as important as preserving the wealth of the Read More...
Category: Commentary
Authors: Mat Hughes and Mira Bloemen-Bekx
One of the greatest challenges today for any firm is to operate a sustainable business model. Besides helping to address climate change, such a model can help improve firm performance. When a firm is Read More...
Category: Research Insight
Authors: Adrian Stutz , Sabrina Schell and Andreas Hack
One of the key concerns for family businesses is continuity. Unlike non-family firms, many family businesses display a longevity that may span over centuries. In order to survive such long periods, Read More...
Category: Research Insight
Authors: Wojciech Czakon , Monika Hajdas and Joanna Radomska
Promoting the family behind the family business can often bring benefits. Consumers can feel better about a product or service – and more likely to trust it and buy it -- if they know a Read More...
Category: Research Insight
Authors: Emanuela Rondi , Carlotta Benedetti , Cristina Bettinelli and Alfredo De Massis
Expanding into other countries can open up new opportunities and revenue streams for all kinds of businesses around the world. This is especially true within the European Union, where products can Read More...
Category: Research Insight
Authors: Claudia Pongelli , Antonio Majocchi , Jonathan Bauweraerts , Salvatore Sciascia , Matteo Giuliano Caroli and Alain Verbeke