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How Family Businesses Can Attract and Keep the Best People

than large corporations (Portuguez Castro & Gómez Zermeo, 2021), since they lack sufficient resources Read More...

Category: Research Insight

Authors: Qizhen Cai and Kimberly Eddleston

Understand Your Family Firm's Core Strengths and Weaknesses

Opening up control allows the firm to tap non-family resources and talent but also risks conflict over Read More...

Category: Applied and Practice

Author: Thomas Zellweger

A Family Firm Can Be Both an Innovator and a Great Place to Work

Family firms tend to invest plenty of effort in human resources practices that nurture employees’ long-term Read More...

Category: Research Insight

Authors: Emanuela Rondi , Ruth Überbacher , Leopold von Schlenk-Barnsdorf , Alfredo De Massis and Marcel Hülsbeck

Future Family Business Owners Can Learn to Manage Conflict

management approaches and summarize research that reveals outcomes associated with each style, and 3) obtain Read More...

Category: Education and Teaching

Author: Ritch Sorenson

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

Which Kinds of Workers Leave Family Firms?

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

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

How Family Firms Help Non-Family Employees Feel Like Family

These family firms appear eager to pursue approaches that improve their human resource management and Read More...

Category: Applied and Practice

Authors: Peter Jaskiewicz , Josh Hsueh , Elizabeth Tetzlaff and Giovanna Campopiano

She Always Gives Her All to the Family Firm -- but He Follows the Leader

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