Tag: Succession

Over My Dead Body: The Unseen Influence of Wives on Succession

Around the world, women have risen to the upper echelons of family businesses. But among women who are wives of the family business leader, even those involved in the business themselves, attitudes Read more

Don't Send Your Kids to Work Outside the Family Business Just Yet!

Should family members work outside the family business before joining? Experts have long recommended that this is the best (and only!) way for the next generation to learn the skills and knowledge Read more

Firm But Flexible Parents Raise the Best Family Business Leaders

In their aim to raise the next generation of family business leaders, parents often question if their parenting style is effective. They often ask themselves: Am I being too lenient or too strict? Am Read more

Should Your Next CEO be From Outside the Family?

In her discussion with Matt Nielsen of Nielsen-Massey Vanillas International, Editor Kimberly Eddleston goes into a sensitive topic for many family firms: whether an outside leader is better equipped Read more

The New Family Business Powerhouses: Wives and Moms

Today women hold leadership positions in government, head up Fortune 500 companies, and oversee countless philanthropic programs. Yet in many successful family businesses, the roles of women remain Read more

Family Emotions Can Drive Business Decisions

From “Dallas” and “The Godfather” to “House of Gucci” and “Succession,” popular culture has always relished watching how resentments, squabbles and back-stabbing can pulse through a Read more

Let the Next Generation of Family Firm Leaders Chart Their Own Path

While start-ups are typically known for their innovation, family businesses are seen as mired in traditions and stuck in the past. But recent research shows that the next generation of leadership can Read more

Developing Competent Owners and Stewards for a Lasting Family Business

The ultimate goal of many enterprising families is growing a prospering organization stewarded by a committed group of united family owners. And while many succeed in developing a successful Read more

How the Next Generation Can Earn Legitimacy, Respect and Loyalty

Handing off the leadership of a family business is never easy, especially when the heir is viewed as entitled to the crown, rather than deserving of it. This interview with Robert Buday, author of Read more

Getting Along: Straight Talk from a Family Business Veteran

Carl Beauregard, former President of Beauregard Equipment, has worked side by side with his father and three brothers, and has 15 younger relatives who could be involved in running the business Read more