family business advice
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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
When a family firm reaches a certain size, the family may decide to transfer their wealth and their ownership into a family office. These offices help business families manage their wealth across Read More...
Category: Research Insight
Authors: Joern Block , Reza Fathollahi and Onur Eroglu
A great story, skillfully told, can shape attitudes and spur commitment and action. This is especially true at family businesses, where the stories and values of the family and business intertwine. Read More...
Category: Interviews
Author: Kimberly Eddleston
When we think about legal help, we often picture a judge, a courtroom full of people, and enormous media involvement if the companies are well-known. Navigating court procedures is a time-intensive Read More...
Category: Commentary
Author: Chandima Weerakondabaduge
Part 2 of a two-part series As we showed in part 1 of this discussion , trying to use budgets as both a planning tool and an expectations setting tool can be destructive, because the self-interests Read More...
Category: Practice Insight
Author: Joseph Astrachan
Kaela Hammerstrom Combs is the second generation to run a national organization founded by her mother decades ago -- Blessings in a Backpack, which works through schools to distribute backpacks Read More...
Category: Interviews
Author: Kimberly Eddleston
Part 1 of a two-part series Are you familiar with any of the following scenarios? “My business unit leaders never set realistic budgets, I have to push them and prod them to get growth—did I hire Read More...
Category: Practice Insight
Author: Joseph Astrachan