Family Business
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Family businesses have unique strengths and unique problems because they blend two identities -- "family" and "business" -- whose priorities are often at odds. While the family identity nurtures Read More...
Category: Applied and Practice
Authors: Roland Kidwell and Kathryn Kloepfer
Cultures around the world acknowledge just how difficult it can be for a family-run enterprise to sustain itself over time. Many have their own version of the adage that family businesses go from Read More...
Category: Commentary
Author: Robert Sher
While the world around them is changing at a faster and faster pace in the midst of uncertainty, family firms are often a beacon of stability and dependability in our society. Although subject to the Read More...
Category: Education and Teaching
Authors: Franz Kellermanns and Nadine Kammerlander
Today people can no longer count on a steady paycheck in a predictable amount from an employer. We're seeing ever-growing numbers of “unintended entrepreneurs” -- once-employed people forced to Read More...
Category: Education and Teaching
Author: Roy Carriker
It's important that current or future members of a family business understand best practices for assembling a Board of Directors (BOD). That's why we explore this in depth as part of a basic family Read More...
Category: Education and Teaching
Author: Whitney Peake
It’s been said (ruefully) that Ginger Rogers had to perform the same dance moves as Fred Astaire, only backwards and in high heels. Unfortunately, this also holds true for women seeking financing Read More...
Category: Theory and Research
Author: Kimberly Eddleston
For students from family businesses to fully benefit from participating in a family business class, it is essential that they open up and share their experiences, both good and bad. The more the Read More...
Category: Education and Teaching
Authors: Kimberly Eddleston and Devina Raithatha
Perhaps no other family is more synonymous with both capitalism and philanthropy than the Rockefellers. The family ’s fortunes in oil have made it possible for them to invest in initiatives that Read More...
Category: Interviews
Author: Kimberly Eddleston
Interviewee: Justin Rockefeller
With ties that bind emotionally and legally, family businesses are different from non-family firms: sensitive, easily disrupted and conflict-prone. But in this interview with FamilyBusiness.org Read More...
Category: Interviews
Author: Kimberly Eddleston
Interviewee: Doug Baumoel
The Corleones of "Godfather" fame are an extreme example of a “family business.” But like many family businesses, they have a family member who is a serious hindrance to their business, is less Read More...
Category: Applied and Practice
Author: Kimberly Eddleston