Category: Research Insight

How Family Firms Can Identify and Preserve Their Legacy

Many family firms are not fully sure of their legacy and how to communicate it to others. Research suggests ways to get a better handle on it. EDITOR’S NOTE: This article was produced in Read more

Consumers Love Local Brands. That's Good News For Family Businesses

Being a family firm enhances a brand's local appeal and influences consumer purchasing behaviors. Consumer preferences are increasingly favoring brands with a strong local identity. The reasons for Read more

“Entrepreneurial entropy” is the natural result of pursuing innovation and opportunities. It can be deadly for struggling ventures that bet the house. Like uncombed hair and unweeded gardens, Read more

Women Encourage Candor at Family Businesses

A conversation orientation in the family carries over to the business -- especially for women, who are increasingly becoming the family firm's "vocal heroes." Have you ever wondered if family Read more

Employees With Toxic Traits Can Still Be An Asset at Family Firms

The emotional connection that families have with their companies can encourage good performance -- even from employees with narcissism, psychopathy, and Machiavellianism. EDITOR’S NOTE: This Read more

Family History Can Be Repurposed to Serve Today's Challenges

The stories that families tell about their past matter. Here are some ways that families can begin to use the past to serve their present-day goals. EDITOR’S NOTE: This article was produced in Read more

While business models for traditional startups are well understood, there’s still a knowledge gap when it comes to social enterprises—those driven by social or environmental missions. Even though Read more

While CVCs may provide capital now, they sometimes end their commitment abruptly, spooking your other investors. It pays to research their track records. For many ventures, receiving outside Read more

How Do Owners of Family Business Portfolios Restructure Poorly Performing Firms?

Families can get emotionally attached to laggards in their portfolios and avoid taking tough but necessary action, putting the entire enterprise in peril. EDITOR’S NOTE: This article was produced Read more

Family-friendly policies encouraged women to think about what they really wanted for their careers. Work/life balance was not a factor. In Sweden, a growing number of mothers are starting a new Read more