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Tag: Successful family businesses

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By Kimberly Eddleston on Wed Oct 25 2023
Interviewee: Jenny Dinnen , Katie Rucker

When Katie Rucker was asked to lead a $15 million fundraiser for a local Ronald McDonald House, her twin sister Jenny Dinnen at first worried about running the family business without her co-leader. Read more

By R. Adam Smith on Fri Oct 13 2023

From small shops to large multinational corporations, family-owned firms are the anchoring organization in our society. They are pervasive, expanding, and a core employer of human capital and Read more

By Mat Hughes and R. Adam Smith on Thu Oct 12 2023

FamilyBusiness.org Senior Editor Mat Hughes recently appeared on R. Adam Smith’s LinkedIn channel to talk about a challenge that all family businesses face: the pull between the passions and Read more

Many people assume that when a family business honors its past, it can’t focus on the future. But our research has found that having the right incentives in place encourages employees at family Read more

By Kimberly Eddleston on Tue Oct 03 2023
Interviewee: Sunil Soni

Strong emotional bonds between family members underpin the success of family businesses. But all too often, being emotionally or geographically distant can weaken those bonds and undermine the Read more

By Mat Hughes and Paavo Ritala on Wed Sep 20 2023

EDITOR'S NOTE: FamilyBusiness.org Senior Editor and EIX contributor Mat Hughes spoke with leading AI researcher and innovation expert Paavo Ritala on how new generative AI technologies like ChatGPT Read more

We’ve seen the remarkable impact of in-laws on famous family businesses, for better or worse. Examples include the infamous Gucci family feud between Maurizio Gucci and his wife Patrizia Reggiani, Read more

At many publicly traded firms, the presence of activist investors forces them to innovate. This didn't hold true at the family businesses we studied. EDITOR'S NOTE: This article was produced in Read more

By Kimberly Eddleston on Fri Sep 08 2023

Family businesses are unstoppable when they benefit from the wisdom of founders and older leaders and the forward-thinking, innovative outlook of the next generation. But all too often, these Read more

By Doug Baumoel on Wed Aug 23 2023

The book The Paradox of Choice , written by Barry Schwartz and first published in 2004, posits that people, in general, suffer a loss of happiness because we have too much choice in everything we Read more