Help with a family business
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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
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
Interviewee: Dave Goetz , Melissa Parks
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
While family members running a business together often lean on one another for advice, they can often learn best from people running other family businesses. Family business centers around the Read More...
Category: Interviews
Author: Kimberly Eddleston
Interviewee: Jon Keimig
In our work with business families, we encounter a wide range of approaches for establishing financial targets and making financial business decisions. Interestingly, such practices often diverge Read More...
Category: Applied and Practice
Authors: Claudia Binz Astrachan and Anneleen Michiels
FamilyBusiness.org Editor-in-Chief Kimberly Eddleston talks with two sets of twins working in their families' consulting firms -- Jenny Dinnen and Katie Rucker of MacKenzie Corporation , and James Read More...
Category: Interviews
Author: Kimberly Eddleston
Interviewee: James Fratzke , Jenny Dinnen , Katie Rucker , Ryan Fratzke
Adam looked at the customer standing at the counter in the wine cellar in disbelief. He couldn’t believe what he was hearing. He found the customer’s comments to be slightly rude. Adam felt anger Read More...
Category: Research Insight
Authors: Dr. Ayoosha Saleem , Francesco Barbera , Simon de Jong and Arvid Hoffmann
Just two years ago, generative AI was not on anyone's radar. But today, it promises to be one of the most disruptive forces for family businesses and all kinds of firms. We have seen it in our own Read More...
Category: Applied and Practice
Authors: Mat Hughes and David Townsend
Families that focus on renewing their non-financial values in future generations are more likely to have a formal program. EDITOR'S NOTE: This article was produced in partnership with Family Read More...
Category: Research Insight
Authors: Josh Hsueh , Alfredo De Massis and Luis Gomez-Mejia