family business advice
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Kimberly Eddleston, Founding Editor of FamilyBusiness.org and a longtime contributor to its sister publication EIX, was recently honored by the Academy of Management (AOM) with its 2024 Practice of Read More...
Category: Commentary
Author: Catherine Buday
The decision to disclose strategy information is critical, as it reveals managerial actions, providing financial stakeholders with the information required to assess the firm’s competitive Read More...
Category: Research Insight
Authors: Rafaela Gjergji , Luigi Vena , Giovanna Campopiano , Salvatore Sciascia and Alessandro Cortesi
Values can form a strong foundation for a family business. Through shared values, we feel united and form a bond of culture, history, and pride. This bond can motivate each member of the family to Read More...
Category: Practice Insight
Author: Eva Fischer Hansen
While the global business environment is forever changing, family firms often stand for longevity and stability -- and stable, long-term management is a key strategic element in their performance Read More...
Category: Research Insight
Authors: Melania Riefolo , Sena Özkara , Baris Istipliler and Jan-Philipp Ahrens
“ My great-great grandfather spent the first half of his life making money, and the second half of his life, giving it away - and the family has continued a strong tradition of both business and Read More...
Category: Research Insight
Authors: Cristina Maria Cruz Serrano , Rachida Justo and Jeanne Roche
For many family business owners, thinking about succession can be challenging. It’s a lengthy process, and filled with questions and activities that seem daunting initially. However, it is Read More...
Category: Research Insight
Authors: Melania Riefolo , Sena Özkara , Jan-Philipp Ahrens and Niloufar Nekouei
Why Families and Their Firms Behave Badly Sometimes the worst behavior happens for all the right reasons. Putting "family first" can jeopardize the business's health and longevity. EDITOR’S NOTE: This article was produced in partnership Read More...
Category: Research Insight
Authors: Roland Kidwell , Kimberly Eddleston , Linda Kidwell , John Cater and Ellison Howard
Recent events in the US Presidential race have focused people around the world on the topic of leadership and age. When is a leader, whether of a country or a business, too old to do the job? When Read More...
Category: Commentary
Author: Salvatore Sciascia
Many of us are (or at least we believe ourselves to be!) natural-born problem solvers: Once we recognize a problem, we want to resolve it as expediently as possible. As a result, we fall into Read More...
Category: Practice Insight
Authors: Joseph Astrachan and Claudia Binz Astrachan
When it's time for a family business to have a new generation of leadership, it's often difficult for the first-generation founder let go. Founders, justifiably proud of the businesses they have Read More...
Category: Interviews
Author: Kimberly Eddleston
Interviewee: David Karofsky