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Tag: family business advice

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Have you heard this before? “If it wasn’t for my in-laws, our family would be fine!” Such frustrated statements are typically followed by rants about how someone spends too lavishly, does not Read more

By David Werdiger on Mon Oct 30 2023

Most significant wealth is created through entrepreneurship, and in many countries family business plays a large role. But once the family business is established and successful, what further Read more

By Torsten Pieper and Claudia Binz Astrachan on Wed Oct 18 2023

This case study invites students to identify the underlying issues, stakes, and potential pathways forward for a troubled family office. Students also explore problems surrounding the evolution of Read more

Expanding into other countries can open up new opportunities and revenue streams for all kinds of businesses around the world. This is especially true within the European Union, where products can Read more

By Kimberly Eddleston on Tue Nov 08 2022
Interviewee: Peter Jaskiewicz

The upcoming generation of family firm leaders often don't see things the same way as their parents and grandparents do. Professor Peter Jaskiewicz has explored this disconnect deeply in his new book Read more

Millennials, those born between the end of the ‘70s and the beginning of the new millennium, are accustomed to the limitless possibilities of the online world, where local or even country borders Read more

Photo Courtesy of Carl Schlenk AG To thrive, family firms need to cultivate loyal, long-term employees, as they ensure a stable and reliable business. At the same time, family firms need to encourage Read more

By Catherine Buday and Jon Eckhardt on Tue Dec 29 2020

Best Buy Founder Dick Schulze built his empire through hard work, calculated risk, and a commitment to high standards of integrity and fairness. In his book “Becoming the Best,” he outlines 10 Read more

By Kimberly Eddleston and Roland Kidwell on Tue Dec 18 2018

Hiring, training, appraising and compensating the right people in the right way is a crucial element to the success of any organization. It is commonly assumed that many growing family firms are not Read more