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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 |
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By Thomas Zellweger on Wed Jan 08 2020
A five-part framework can help family firms evaluate control, governance, complexity, priorities and succession to anticipate challenges and opportunities. It's been said that, “Once you have seen Read more |
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By Chuck Sacco and Aasim Sani on Fri Dec 20 2019
Startups often fail because of team dysfunction, not bad ideas. Founderitis, unclear roles and weak communication can derail even promising ventures. It is well-known that only a small fraction of Read more |
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By Kevin Bryan and András Tilcsik on Tue Nov 19 2019
Research found that founders who followed mentors’ advice were no more likely to succeed than those who resisted it. Experience may matter more than coachability. Many venture capital firms, Read more |
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By Salvatore Tomaselli and Danilo Maurici on Thu Sep 12 2019
Conceptualization that is induced by the play (Kolb & Kolb. 2005). This study echoes the thesis of John Dewey (1916), one of the most influential thinkers in educational theory in the 20th century, Read more |
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Family businesses can innovate more effectively when their appetite for risk and tradition aligns with family cohesion and the diversity of family goals. When it comes to innovation, family firms Read more |
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By Alauna Yust on Fri Aug 23 2019
Stronger procedures and financial discipline helped Hyannis Country Garden improve performance while preserving the trust and support of family members. This feature and video are part of America’s Read more |
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By Jessica Thiefels on Tue Jun 25 2019
Family firms can strengthen succession by involving younger relatives early, matching jobs to strengths, avoiding nepotism and embracing new ideas. (This article is part of America’s Entrepreneurs Read more |
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By Kimberly Eddleston on Fri May 17 2019
Interviewee:
Nora Yousif
Entrepreneurs frequently underestimate their personal financial needs and fail to plan ahead for how the business will support them over time. Whether you are starting a family business or inheriting Read more |
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By Sharon Belenzon on Mon Apr 29 2019
A study of 1.8 million firms found that businesses named after their owners earned higher returns on assets than firms with other names. By Sharon Belanzon, Aaron K. Chatterji and Brendan Daley Read more |
