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The New Family Business Powerhouses: Wives and Moms

Today women hold leadership positions in government, head up Fortune 500 companies, and oversee countless philanthropic programs. Yet in many successful family businesses, the roles of women remain Read More...

Category: Practice Insight

Author: Amy Hart Clyne

Family Emotions Can Drive Business Decisions

From “Dallas” and “The Godfather” to “House of Gucci” and “Succession,” popular culture has always relished watching how resentments, squabbles and back-stabbing can pulse through a Read More...

Category: Research Insight

Authors: Rania Labaki and Fabian Bernhard

Let the Next Generation of Family Firm Leaders Chart Their Own Path

While start-ups are typically known for their innovation, family businesses are seen as mired in traditions and stuck in the past. But recent research shows that the next generation of leadership can Read More...

Category: Commentary

Authors: Klaus Lüber and Nadine Kammerlander

Developing Competent Owners and Stewards for a Lasting Family Business

The ultimate goal of many enterprising families is growing a prospering organization stewarded by a committed group of united family owners. And while many succeed in developing a successful Read More...

Category: Applied and Practice

Author: Claudia Binz Astrachan

How the Next Generation Can Earn Legitimacy, Respect and Loyalty

Handing off the leadership of a family business is never easy, especially when the heir is viewed as entitled to the crown, rather than deserving of it. This interview with Robert Buday, author of Read More...

Category: Interviews

Author: Kimberly Eddleston

Retirement Options and their Consequences for Small Business Owners

Pierre, a Swiss bakery co-owner for four decades, left his business behind when he reached age 65, the eligible retirement age in Switzerland. He was looking forward to leaving seven-day workweeks Read More...

Category: Applied and Practice

Authors: Valeria Alterman and Ariane Froidevaux

The Making of Successful Female Family-Enterprise Leaders

Based on interviews with 46 female family firm successors from 13 countries around the globe, we distill patterns of how the female successors were raised, how their career paths looked like, what Read More...

Category: Theory and Research

Authors: Nadine Kammerlander , Elizabeth Bagger , Doris Sommavilla and Sasha Lund

Succession: Don't Assume Your First-Born is the Anointed One

  Succession is a defining moment in all family businesses, and making the right choice about who is going to be the next CEO can be critical to survival. Tradition, previous choices, and Read More...

Category: Research Insight

Author: Andrea Calabrò

Five Things Family Businesses are Reckoning With Now

  Family businesses everywhere are responding to Covid-19 in profound ways, balancing the need to preserve cherished family traditions and social capital against the mandate to control costs at Read More...

Category: Commentary

Authors: Mat Hughes and Alfredo De Massis

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