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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 #4: Building a Team

  This is the fourth 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

Three Strengths that Can Help Family Firms Survive Covid

Family businesses are unique, with many advantages that stand them in good stead during times of crisis. While there are unique strengths for family-owned firms working in a world changed by Read More...

Category: Applied and Practice

Author: Doug Baumoel

Everyday Gratitude in Times of Uncertainty

EDITOR'S NOTE: This popular article from three years ago is still relevant today. The author has updated it for 2023. Three years ago, we were emerging from a fiercely battled presidential election Read More...

Category: Applied and Practice

Author: Carol Wittmeyer

How Older Family Businesses Can Keep the Magic Going

Many family businesses grow and thrive in the first generation because of the passion and commitment of their founders. Successive generations often don’t share that same level of dedication, and Read More...

Category: Research Insight

Authors: Sabine Rau , Sabrina Schell and Arndt Werner

How to Care for Your Team During a Crisis

Walt Disney nailed it when he said that good customer relations begin with good employee relations. Fred Smith, the courageous entrepreneur and founder of FedEx, felt that way too, and his company Read More...

Category: Applied and Practice

Authors: Theodore L. Waldron and James C Wetherbe

Too Much Love in the Family Can Hurt

EDITOR'S NOTE: This article was produced in partnership with the Journal of Family Business Strategy, a leading journal in the field of family business, as part of our mission to bring Read More...

Category: Applied and Practice

Authors: Ines Herrero and Mat Hughes

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

How Gamification Can Help Family Businesses

Conceptualization that is induced by the play (Kolb & Kolb. 2005). This study echoes the thesis of John Dewey (1916), one of the most influential thinkers in educational theory in the 20th Read More...

Category: Applied and Practice

Authors: Salvatore Tomaselli and Danilo Maurici