Running a family business tips
Use "Running a family business tips" in advanced search
How Family Firms Can Prevent (or Cool Down) Sibling Rivalries Stories abound about sibling rivalries and family business conflict that have harmed family businesses and the families behind them. For instance, Charles and David Koch were sued by their brothers, Read More...
Category: Applied and Practice
Authors: Jonas Ruzek and Kimberly Eddleston
While the holidays are supposed to bring magic and joy to people’s lives, they are also an immense source of family business conflict, anxiety, and stress. Family can be the root cause of this Read More...
Category: Commentary
Author: Kimberly Eddleston
With Bill and Melinda Gates’ divorce making headlines across the globe, many are wondering how the split will affect their joint business dealings — especially the Gates Foundation, which they Read More...
Category: Applied and Practice
Authors: Kimberly Eddleston and Jonas Ruzek
There is no one-size-fits-all approach to family business succession planning. Every situation is different and every family is uniquely complex. However, some principles appear to transcend culture Read More...
Category: Applied and Practice
Authors: Tom Rüsen , Torsten Groth and Arist von Schlippe
By Shital Jayantilal, Silvia Ferreira Jorge and Tomas M. Banegil Palacios Family businesses are especially conflict-prone, since sibling rivalry and other emotional undercurrents sometimes cloud Read More...
Category: Research Insight
Authors: Shital Jayantilal , Sílvia Jorge and Tomas M. Bañegil Palacios
How Family Dynamics Shape Family Businesses In this interview, Joseph Astrachan – one of the world’s most well-versed experts on dealing with issues pertaining to business families – shares his thoughts on family dynamics and family Read More...
Category: Commentary
Authors: Joseph Astrachan and Claudia Binz Astrachan
Reducing conflict and strengthening business performance may be as important as succession planning when preparing for a leadership transition. Only about a third of family businesses make it to a Read More...
Category: Theory and Research
Authors: James Hoffman , Ritch Sorenson and Keith Brigham
Research on 1.8 million firms suggests businesses named after their owners may gain a performance advantage while putting the founders' reputation at greater risk. What's in a name? For many Read More...
Category: Applied and Practice
Author: Sharon Belenzon
Conflict is a natural part of succession. Strong families anticipate it, communicate often and build the resilience needed to keep the transition moving forward. Succession is one of the biggest Read More...
Category: Applied and Practice
Author: Claudia Binz Astrachan
How to Plan a Successful Family Business Succession Family business succession can take years. Starting early gives owners time to choose successors, transfer knowledge and prepare the next generation to lead. Nothing succeeds like success, the saying Read More...
Category: Features
Author: Richard Eisenberg