family business advice
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Congratulations! You’ve sold your business. Now prepare to be depressed. Most founders see selling their business as a gateway to new wealth and a dream come true. But many underestimate how Read More...
Category: Interviews
Author: Kimberly Eddleston
Family businesses tend to give all CEOs time to prove themselves, but are tougher on outsiders who don’t deliver results after a few years. EDITOR’S NOTE: This article was produced in Read More...
Category: Research Insight
Authors: Wei Shen , Cecilia Gu and Lin-Hua Lu
At family firms, decisions are often shaped by traditions, preferences, or informal dynamics that are not easy to override, even for the CEO. Research has shown that gender-diverse leadership can Read More...
Category: Research Insight
Authors: Paola Rovelli and Marco Mismetti
Sometimes the family grows much faster than the business, especially in saturated markets. This has deep implications for how we manage family and business expectations. When we talk to Read More...
Category: Practice Insight
Authors: Joseph Astrachan and George Manners
You can support your business through economic uncertainty and maintain unity and commitment. Multigenerational enterprising families are not easily shaken. Over decades and sometimes Read More...
Category: Practice Insight
Authors: Joseph Astrachan and Claudia Binz Astrachan
Family or non-family leader? Your choice depends on the age of the firm, and can ultimately shape how the media and outside stakeholders see you. EDITOR‘S NOTE: This article was produced in Read More...
Category: Research Insight
Authors: Carlotta Benedetti , Paola Rovelli , Andrea Fronzetti Colladon , Alfredo De Massis and Kurt Matzler
Businesses in trouble can reap benefits by displaying humility – but the rules differ for family and non-family firms. Across the United States, both family-run and nonfamily-run businesses have Read More...
Category: Research Insight
Authors: Paul Sanchez , Robert Pidduck , Duygu Phillips and Josh Daspit
‘ESG is an existential issue. Businesses that don’t demonstrate their commitment to sustainable practices could be punished by consumers, the media and even regulators.’ These are the Read More...
Category: Applied and Practice
Authors: Mat Hughes , Qilin Hu , Boyka Simeonova , Bingbing Ge , Wunnam Basit ISSAH , Sarah Jack , Paul Hughes , Siqi Dai and Martin Kemp
Family firm branding can make a company appear authentic, but it's also important to convey innovativeness, prestige, and a fair shot at getting ahead. While approximately 75% of new jobs Read More...
Category: Research Insight
Authors: Duygu Phillips , Kristen Madison , Sandra Wolf , Andreas Hack and Franz Kellermanns
Ben Berger and Ron Nahass of RSM's Family Office talk about the benefits of letting trusted outsiders handle critical business functions. Operational excellence -- involving people, processes, Read More...
Category: Interviews
Author: Kimberly Eddleston