Tag: Management

Advice for Family Business Successors: Be Humble and Curious

David Bentall found out the hard way that his leadership of his family's construction and real estate firm wasn't working: his own uncle removed him from the company. Losing his job was a wake-up Read more

Over the years, Noah Alper, 75, has started and run five businesses and a nonprofit school. Four of his ventures — including Noah's Bagels and the natural food and housewares chain Bread & Circus, Read more

Advice for Untangling Conflict in a Family Business

Janme Sinha became intrigued by family business conflict and dynamics when a distraught friend confided that his recently deceased father had left all of the shares of the family business to his Read more

EEA Consulting Engineers is an employee-owned firm in Austin, Texas. Like all engineering companies— and many other businesses—its success depends entirely on its people. So you’d expect the Read more

Family CEO Burnout: How to Prevent, Recognize and Deal With It

Between COVID, supply chain issues, armed invasions, unstable markets, and the great resignation with millions of workers leaving the workforce (Parker & Menasce Horowitz, 2022) – or, more Read more

Firm But Flexible Parents Raise the Best Family Business Leaders

In their aim to raise the next generation of family business leaders, parents often question if their parenting style is effective. They often ask themselves: Am I being too lenient or too strict? Am Read more

What All Family Businesses Can Learn From the Merck Family

The Merck family business dates back to this apothecary, founded in 1668. The German Merck family has succeeded where many business families have failed: Keeping a group of 319 family members, Read more

How to Keep Remote Workers Inspired and Engaged

Like all kinds of firms, family businesses have undergone a culture shock because of the pandemic. After starting out in the pandemic’s early days as a survival mechanism, remote work is now Read more

How Family Businesses Can Attract and Keep the Best People

Despite the COVID-19 pandemic being mostly behind us, many organizations, particularly family-led small and medium-sized businesses (SMEs), are still grappling with the fallout. During a crisis or Read more

Should Your Next CEO be From Outside the Family?

In her discussion with Matt Nielsen of Nielsen-Massey Vanillas International, Editor Kimberly Eddleston goes into a sensitive topic for many family firms: whether an outside leader is better equipped Read more