Tag: Family Business

When Family Businesses Should Think Like Private Equity Firms

Adopting all or even some PE investor strategies can add value and enhance competitiveness, especially when a successor takes over or the company may be sold. Family businesses must navigate a Read more

Family Businesses Have a Massive Impact on the UK Economy

A new report by the Family Business Research Foundation and the Centre for Economics and Business Research shows families control 93 percent of UK firms. The UK’s Family Business Research Read more

Academy of Management Honors FamilyBusiness.org Editor Kimberly Eddleston

Kimberly Eddleston, Founding Editor of FamilyBusiness.org and a longtime contributor to its sister publication EIX, was recently honored by the Academy of Management (AOM) with its 2024 Practice of Read more

Women on Family Business Boards Shun Layoffs

Modern organizations face increasing pressure to make sure women are well represented in their workforce, especially at the top. Business leaders, stakeholders, and policymakers around the world are Read more

Helping Next-Gens Envision Their Family Firm’s Future Success

A comprehensive and convincing vision is crucial in helping family businesses be successful over generations. However, many lectures and course exercises that prepare future leaders merely ask Read more

Here's Why Family Businesses Need Branding

For family businesses, branding goes well beyond logos and advertising slogans. It gets to the heart of what makes a family firm successful and admired by customers, suppliers, employees and other Read more

Do You Treat In-Laws Like the Family Business Outlaws ?

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

Keep the Founder's Entrepreneurial Spirit Alive in Future Generations

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

Help Your Family Business by Helping Others

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

Growing Pains: Helping a Family Office to Evolve

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