family business advice
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The most important investor may be your own successors. Investor readiness supports smooth transitions, builds trust, enhances enterprise value, and keeps strategic options open—whether you sell, Read More...
Category: Applied and Practice
Author: Michael Paull
Unrealistic depictions of the sacrifices and tradeoffs of family business leadership -- streamed repeatedly -- can color younger people’s attitudes towards taking the helm. Popular TV dramas like Read More...
Category: Commentary
Author: Sara E. Miller
Japanese family businesses are encouraged to help one another for the benefit of their shared customers and their community. It has helped them survive setbacks and thrive. Family businesses are a Read More...
Category: Research Insight
Authors: Sigrun C. Caspary , Tom Rüsen and Arist von Schlippe
As Prince Andrew showed, one person’s behavior can become everyone's problem. Families must set expectations, outline processes, and provide clarity before emotions take over. In late 2025, King Read More...
Category: Applied and Practice
Author: Maryann G. Bell
As trillions in family-owned companies shift to next-generation leaders, one critical asset is being ignored: the brand. Here’s why brand value—often nearly 20% of enterprise worth—erodes Read More...
Category: Practice Insight
Author: Meghan Lynch
Rather than being inherited like family heirlooms, values are shaped and re-shaped by interactions between the generations at the family firm. EDITOR‘S NOTE: This article was produced in Read More...
Category: Research Insight
Authors: Viktoria Luft , Anne Katarina Heider , Heinrich Liechtenstein and Tarek el Sehity
A family investment policy defines how a family manages its collective financial assets in alignment with its shared values, goals, and risk preferences. As business-owning families move beyond a Read More...
Category: Practice Insight
Authors: Claudia Binz Astrachan , Anneleen Michiels , Massimo Baù and Chris Graves
A study of Italian firms shows how differences can be resolved, so the company can honor tradition and still make progress. EDITOR‘S NOTE: This article was produced in partnership with the Journal Read More...
Category: Research Insight
Authors: Maria Annosi , Mat Hughes , Davide de Gennaro , Roberta Oppedisano and Filomena Buonocore
Unless you clearly state what you want your legacy to be, your successors will interpret it in their own way -- and it might not be what you intended. EDITOR‘S NOTE: This article was produced in Read More...
Category: Research Insight
Authors: Matthew Fox , Kimberly Wade-Benzoni and Jeffrey Covin
Families that learn to use their cohesion, trust, and long-term orientation as strengths can implement strategies more effectively than their non-family peers, especially in times of uncertainty. Read More...
Category: Research Insight
Authors: Torsten Pieper , Claudia Binz Astrachan , Francesco Chirico and Annika Ehlers