family business advice
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The emotional connection that families have with their companies can encourage good performance -- even from employees with narcissism, psychopathy, and Machiavellianism. EDITOR’S NOTE: This Read More...
Category: Research Insight
Authors: Benjamin McLarty and Daniel T. Holt
Many legendary business leaders -- think Steve Jobs, or Elon Musk -- have had troubled personal lives. According to business advisor and author David Werdiger, the same traits that make someone Read More...
Category: Commentary
Authors: Kimberly Eddleston and David Werdiger
The stories that families tell about their past matter. Here are some ways that families can begin to use the past to serve their present-day goals. EDITOR’S NOTE: This article was produced Read More...
Category: Research Insight
Authors: Christina Lubinski and William Gartner
Families can get emotionally attached to laggards in their portfolios and avoid taking tough but necessary action, putting the entire enterprise in peril. EDITOR’S NOTE: This article was produced Read More...
Category: Research Insight
Authors: Marina Palm , Vanessa Diaz Moriana and Nadine Kammerlander
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