Tag: Family Business

The Making of Successful Female Family-Enterprise Leaders

Based on interviews with 46 female family firm successors from 13 countries around the globe, we distill patterns of how the female successors were raised, how their career paths looked like, what Read more

Divorce Can Hollow out a Family Business — But it Doesn’t Have to

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

Innovating With Agility: Tips and Tricks for Resurgence and Growth

Part two of a two-part series. As new cases of COVID-19 emerge around the world (as of late July, 2021), the disease continues to remind us that the only certainty is uncertainty -- a theme I Read more

The Best Family Business Boards Embrace Candor and 'Necessary Endings'

Second of a two-part series From our studies evaluating the effectiveness of boards at family firms, we’ve seen first-hand how strong boards can help family businesses be more successful. In our Read more

Getting Your Family Business Ready for the 'New Normal'

Part one of two Eighteen months into the COVID-19 pandemic, we are seeing signs of a return to something resembling normality. Vaccination programs are now underway at a substantial pace, and Read more

For generations, grandmothers, mothers, daughters and aunts have played informal, behind-the-scenes but important roles in family businesses worldwide. They have provided critical emotional support Read more

Should You Brand Your Family Business? Evidence from Research and Practice

Should you join the growing number of family businesses that proudly promote the fact that they are (and have been) family owned – for decades, some even for centuries? Or do you prioritize your Read more

Four Things that the Best Family Business Boards Do Well

First of a two-part series Can you quantify your board’s contribution to the performance of your family business? Even if you can’t put a number on it, you should have a keen sense of how much Read more

To Encourage Innovation, Tap the Next Generation of Leaders

In these times of change and uncertainty, one thing is still certain: product-service innovation remains the lifeblood of family firms. Without innovating, pioneering competitors will make existing Read more

Family Business Succession Planning: 10 Golden Rules

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