Board of directors

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How to Transform an Outdated Board

Creating a board of directors is not a one and done activity.  As a business grows and the business environment evolves, boards often need to be revitalized and transformed to adjust to the new Read More...

Category: Applied and Practice

Authors: Joseph Giglio and John Friar

The Biggest Mistakes Family Businesses Make With Their Boards

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

Diverse Boards Help Family Businesses Expand Internationally

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

New Ways Business Owners Can Use Boards

  While boards of directors are common at large firms and nonprofits, family businesses don't always see their value or understand how to use them well.  However, according to consultant Read More...

Category: Interviews

Author: Kimberly Eddleston

Many Startups Benefit From a Short-Term Focus

Conventional wisdom tells us that having a long-term strategic focus on customer value creation and future market demands is a powerful source of building a sustainable competitive advantage in Read More...

Category: Research Insight

Authors: Johan Bruneel , Stephan Weemaes and Ann Gaeremynck

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...

Category: Research Insight

Authors: Jonathan Bauweraerts , Emanuela Rondi , Paola Rovelli , Alfredo De Massis and Salvatore Sciascia

The Best Family Business Boards Embrace Candor and 'Necessary Endings'

Second of a two-part series From our studies evaluating the effectiveness of boards at family firms, we’ve seen first-hand how strong boards can help family businesses be more successful. In Read More...

Category: Applied and Practice

Authors: Claudia Binz Astrachan , Joseph Astrachan and Hermut Kormann

Four Things that the Best Family Business Boards Do Well

First of a two-part series Can you quantify your board’s contribution to the performance of your family business? Even if you can’t put a number on it, you should have a keen sense of how much Read More...

Category: Applied and Practice

Authors: Claudia Binz Astrachan , Joseph Astrachan and Hermut Kormann

The Potential Downside of Having Non-Family Board Members

By Alfredo DeMassis, Lorraine Uhlaner, Ann Jorrissen and Yan Du It's been generally accepted that family firms benefit from the perspectives of outsiders on the board of directors. Outsiders can Read More...

Category: Commentary

Author: Alfredo De Massis

COVID-19: Understanding the Board’s Key Role During a Crisis

A board’s oversight and guidance, based on the expertise, experience and personal qualities of its members, has always helped drive business success and survival.  But now, as the COVID-19 Read More...

Category: Applied and Practice

Authors: Joseph Astrachan , Andrew Keyt , Hermut Kormann and Claudia Binz Astrachan