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Protecting the Business from Generational Friction

May 19, 2017 ', 'twitter': 'Tweet', 'google': '', 'linkedin': ''+'cript>' }; for (var i in networks) { element = document.querySelector('[data-share="' + i + '"]'); if (element) { element.innerHTML...

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When Succession Skips a Generation

As discussed in a previous column, next-generational succession is one of the main challenges facing family businesses globally today. Owner-managers who are confronted with this issue often have to...

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When Loyalty Becomes a Liability to Family Firms

Recent research has punctured the stereotype that family firms are staid and lacking in innovation. In fact, their cultural differences can be the source of a decided innovation advantage. But those...

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What Family Firms Need to Ensure Longevity

November 21, 2017 ', 'twitter': 'Tweet', 'google': '', 'linkedin': ''+'cript>' }; for (var i in networks) { element = document.querySelector('[data-share="' + i + '"]'); if (element) {...

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Planning for Family Business Longevity in Three Steps

In family businesses, family assets are the unique and often intangible contributions that only families can bring to their firms and are essential to their identities. Long-lived family firms always...

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Why Family Firms Lack Analyst Coverage

February 21, 2018 ', 'twitter': 'Tweet', 'google': '', 'linkedin': ''+'cript>' }; for (var i in networks) { element = document.querySelector('[data-share="' + i + '"]'); if (element) {...

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Family Business Longevity Requires Owners to Step Back

Professionalising a family firm is a necessary yet difficult progression. The owner-manager starts with a solo performance but the firm builds into a symphony orchestra in which the family continues to...

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Successful Family Firms Shoot for the Moon

Bata Shoes is the largest shoe retailer on earth. Around since 1894, its current family members recently attended the INSEAD Family Enterprise Challenge. When they were completing an exercise exploring...

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Russia’s Stealth Family Businesses

June 4, 2019 ', 'twitter': 'Tweet', 'google': '', 'linkedin': ''+'cript>' }; for (var i in networks) { element = document.querySelector('[data-share="' + i + '"]'); if (element) { element.innerHTML...

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The Key to Making Succession Work in Family Business

October 9, 2019 ', 'twitter': 'Tweet', 'google': '', 'linkedin': ''+'cript>' }; for (var i in networks) { element = document.querySelector('[data-share="' + i + '"]'); if (element) {...

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What Distinguishes Europe’s Family Business Champions from the Rest

February 5, 2020', 'twitter': 'Tweet', 'google': '', 'linkedin': ''+'cript>' }; for (var i in networks) { element = document.querySelector('[data-share="' + i + '"]'); if (element) {...

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When Nepotism Pads CEO Pay: Evidence From Indian Family Firms

April 20, 2021', 'linkedin': ''+'cript>' }; for (var i in networks) { element = document.querySelector('[data-share="' + i + '"]'); if (element) { element.innerHTML = networks[i]; } } }()); ',...

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Why Family CEOs Outperform Their Non-Family Predecessors

May 11, 2021', 'linkedin': ''+'cript>' }; for (var i in networks) { element = document.querySelector('[data-share="' + i + '"]'); if (element) { element.innerHTML = networks[i]; } } }()); ',...

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Professionalising the Family Firm

June 23, 2021', 'linkedin': ''+'cript>' }; for (var i in networks) { element = document.querySelector('[data-share="' + i + '"]'); if (element) { element.innerHTML = networks[i]; } } }()); ',...

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A Different Kind of Family Firm Hiding in Plain Sight

November 26, 2021', 'linkedin': ''+'cript>' }; for (var i in networks) { element = document.querySelector('[data-share="' + i + '"]'); if (element) { element.innerHTML = networks[i]; } } }()); ',...

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When Two Leaders Collide, the Result Can Be Less Fraud

March 28, 2022', 'linkedin': ''+'cript>' }; for (var i in networks) { element = document.querySelector('[data-share="' + i + '"]'); if (element) { element.innerHTML = networks[i]; } } }()); ',...

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Preserving the Multiplicity of Voices in French Fine Wines

“The wine industry is a striking study in contrasts,” says Neal Rosenthal, a US importer of fine European wines. On the one hand, there are small family-owned estates committed to the concept of...

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