family business advice
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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
A job rotation program gives next-gens both hands-on experience and a working knowledge of different departments and important outside relationships. A family business’s future leaders may have Read More...
Category: Interviews
Author: Kimberly Eddleston
Interviewee: Aimee Wrubel
When a successor becomes CEO, the title may change overnight — but authority, identity, and trust do not. Next-generation leaders must act like the CEO before they feel like one. A successor takes Read More...
Category: Practice Insight
Author: Dr. Benjamin Ritter
Large family firms in countries such as Ghana, Kenya, and Madagascar show that women’s leadership can thrive when families widen their view of succession. In many parts of the world, businesses are Read More...
Category: Research Insight
Authors: Jan-Philipp Ahrens , Maria Giuseppina Bruna , Cinzia COLAPINTO and Salam SAMI
A study of German family businesses showed that as intra-family succession becomes more difficult, families are increasingly open to selling — and intermediaries are emerging to help match owners Read More...
Category: Research Insight
Authors: Allan Sandham and Isabell Stamm
Founder resistance is often more complicated than control. Empathy can help families understand what founders are trying to protect — and what their continued involvement may be preventing. Read More...
Category: Practice Insight
Author: Paul Edelman
When every problem feels urgent, it often signals an inability to prioritize. Leaders need to identify why this is happening, and develop protocols for moving forward. When a company leader complains Read More...
Category: Interviews
Author: Kimberly Eddleston
Interviewee: Nicole West
Families often struggle to decide whether shares should be divided equally among children or reflect leadership, sacrifice, and “sweat equity.” In family businesses, few conversations generate Read More...
Category: Practice Insight
Authors: Claudia Binz Astrachan , Lindsay Hardie and Joseph Astrachan