family business advice
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Political differences can turn dangerous when family members begin dismissing one another’s business judgment based on political identity. Imagine a family business meeting about how to reduce Read More...
Category: Practice Insight
Author: Paul Edelman
More than 300 peer-group meetings show what happens when family business leaders have a trusted place to talk with people who truly understand their challenges. If you’ve never participated in a Read More...
Category: Applied and Practice
Author: Justin Smith
Consultants often create their greatest value in ways families do not expect. They help families uncover what is really keeping them stuck, facilitate difficult conversations, coordinate with other Read More...
Category: Practice Insight
Authors: Holly Eddleston and Kimberly Eddleston
Interviewee: Claudia Binz Astrachan , David Karofsky , Dennis Jaffe , Doug Baumoel , Greg McCann , Joe Astrachan , John Davis , Maria Sinanis , Shay Harris-Pierre
Don’t wait for a vacancy. Prepare family members now — through education, mentoring, clear expectations, and hands-on experience — to serve on boards, family councils, and committees. Family Read More...
Category: Applied and Practice
Author: Claudia Binz Astrachan
Family businesses often promote their ownership and heritage to build trust. Research suggests that “family-run” may send a stronger message than “family-owned” — and that adding more Read More...
Category: Research Insight
Authors: Sabrina Finkbeiner , Jan-Philipp Ahrens , Christoph Burmann and Michael Schade
Family offices excel at managing money but often overlook the greatest threat to multigenerational success: poorly planned succession. Here's how they can help. Family offices have gained increasing Read More...
Category: Research Insight
Authors: Jan-Philipp Ahrens , R. Adam Smith , Maria Giuseppina Bruna , Melania Riefolo and Salam SAMI
Family ownership can build trust, credibility, and customer loyalty—but only when it reinforces something stakeholders value. Here are five questions to ask first. Family businesses often face an Read More...
Category: Research Insight
Authors: Kimberly Eddleston and Ananya Mehta
A strong valuation is not enough. Families need to understand the emotional, relational, and governance consequences of selling before they commit. For many family businesses, selling is no longer Read More...
Category: Practice Insight
Author: Paul Edelman
Serious health problems can disrupt leadership, finances, customer relationships, and more. New research shows how family firms can prevent illness from becoming a business crisis. Family businesses Read More...
Category: Research Insight
Authors: Kristen Shanine , Kristen Madison and Marilyn Whitman
Family businesses are often viewed as ripe for operational improvement, making them especially attractive to private equity investors seeking value creation. EDITOR'S NOTE: This article was produced Read More...
Category: Research Insight
Authors: Sören Paleit , Frederik J. Riar , Marcel Hülsbeck and Andreas Hack