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Advice for Untangling Conflict in a Family Business
Janme Sinha became intrigued by family business dynamics when a distraught friend confided that his recently deceased father had left all of the shares of the family business to his brother. In Read More...
Don't Send Your Kids to Work Outside the Family Business Just Yet!
Should family members work outside the family business before joining? Experts have long recommended that this is the best (and only!) way for the next generation to learn the skills and knowledge Read More...
Family CEO Burnout: How to Prevent, Recognize and Deal With It
Between COVID, supply chain issues, armed invasions, unstable markets, and the great resignation with millions of workers leaving the workforce (Parker & Menasce Horowitz, 2022) – or, more Read More...
Women Can Help Family Firms Innovate – but Socioemotional Factors Matter
Around Europe and elsewhere, the number of women in leadership roles is going up, and they are having a measurable impact on innovation and profits. Many researchers have found that having more women Read More...
Firm But Flexible Parents Raise the Best Family Business Leaders
In their aim to raise the next generation of family business leaders, parents often question if their parenting style is effective. They often ask themselves: Am I being too lenient or too strict? Am Read More...
What All Family Businesses Can Learn From the Merck Family
The Merck family business dates back to this apothecary, founded in 1668. The German Merck family has succeeded where many business families have failed: Keeping a group of 319 family members, Read More...
How to Keep Remote Workers Inspired and Engaged
Like all kinds of firms, family businesses have undergone a culture shock because of the pandemic. After starting out in the pandemic’s early days as a survival mechanism, remote work is now Read More...
Category: Commentary
'Big Family:' Relatives Outside the Family Business Can Help It Thrive
Words like “non-active” or “passive” are misnomers for family business members that work elsewhere. On the contrary, these “satellite” family members are quite active and beneficial to Read More...
Category: Research Insight
How Family Businesses Can Attract and Keep the Best People
Despite the COVID-19 pandemic being mostly behind us, many organizations, particularly family-led small and medium-sized businesses (SMEs), are still grappling with the fallout. During a crisis or Read More...
Foster Business Family Identity Through Social Impact
  EDITOR'S NOTE: The Babson College Entrepreneurship Research Conference (BCERC) taps leading-edge research conducted by an elite group of doctoral students from top universities Read More...

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