family business advice
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The best processes and systems come not from outside advisers and experts, but from how families actually live, relate to one another, and make decisions. Family businesses are more than economic Read More...
Category: Research Insight
Authors: Luciana Lucena de Lima and María José Parada
Skip-generation entrepreneurship combines the wisdom of business founders with the energy and tech savviness of their grandchildren. Photo: Lauri Union, founding executive director of the Bertarelli Read More...
Category: Features
Author: Lin Grensing-Pophal
While professional non-family leadership may bring some advantages, the stability brought by family leaders may encourage employees to innovate without fear of failure. Much research has focused on Read More...
Category: Research Insight
Authors: Mario Daniele Amore , Morten Bennedsen , Bordin Bordeerath and Nicolai Foss
Like military strategists, business owners face decisions that must balance vision and resources, courage and caution, innovation and discipline. What can small business owners, family firms, and Read More...
Category: Commentary
Author: Joseph Giglio
Blurring work and personal lives can lead to stress and exhaustion. Family businesses do these four things to create healthier boundaries. From the launch of the first cellphone with email Read More...
Category: Practice Insight
Authors: Jennifer Jordan and Peter Vogel
Like organisms in nature, the relationship between family and business can be mutually beneficial or detrimental. Here's how to strengthen both spheres. EDITOR‘S NOTE: This article was produced in Read More...
Category: Research Insight
Authors: Kimberly Eddleston and Jennifer Jennings
Family firms where the departing CEO has mentored the successor enjoyed stronger return on assets. EDITOR'S NOTE: This article was produced in partnership with Strategic Entrepreneurship Journal, a Read More...
Category: Research Insight
Authors: Fabio Quarato , Maria J. Sanchez-Bueno , Domenico Cambrea , Fernando Muñoz-Bullon and Mario Daniele Amore
Without a map for navigating emergencies and guiding successors after your departure, your business and your legacy could be left adrift. Imagine you're at the helm of a ship, sailing through calm Read More...
Category: Practice Insight
Author: Bradford C. Jeter, CEPA
Family members may feel “trapped” in conflicts, unable to resolve substantive issues without damaging their familial relationships. This often leads to disputes that persist for decades. Conflict Read More...
Category: Applied and Practice
Authors: Doug Baumoel and Blair Trippe
Family business mergers enjoy greater harmony and better financial performance than mergers involving non-family firms. Mergers and acquisitions represent one of the most significant strategic Read More...
Category: Research Insight
Authors: Francesco Chirico , Robert E Hoskisson , Seemantini Pathak and Massimo Baù