Latest Entries
Tools for Exploring the Family Business System: Some examples and some thoughts
Advising / Consulting

Tools for Exploring the Family Business System: Some examples and some thoughts

The process of working with family enterprises can be complex, due to the intricacies inherent in the family business system, the urgency surrounding the functioning of the business, and the unique context each individual member brings to the system. Many practitioners who advise family-owned companies employ assessments or surveys to gain a glimpse into what’s … Continue reading

Past Performance Is No Indication of Future Returns
Succession

Past Performance Is No Indication of Future Returns

This is a simple adage, which, despite its universal application, is identified more with the mutual fund industry than with general philosophical statements. Its applicability to business provides food for thought especially since most entrepreneurs prepare for succession while looking in the rearview mirror and aim only to pass on the business they have created. … Continue reading

<i>Family Business Review (FBR)</i> by the Numbers
Family Business Review

Family Business Review (FBR) by the Numbers

FFI’s journal, Family Business Review (FBR), is a refereed journal published quarterly since 1988. A scholarly publication devoted exclusively to exploration of the dynamics of family-controlled enterprise, including firms ranging in size from the very large to the relatively small, FBR is focused not only on the entrepreneurial founding generation, but also on family enterprises … Continue reading

How Are MENA Family Businesses Creating Their Legacies
Succession

How Are MENA Family Businesses Creating Their Legacies

Managing any business involves many challenges. But managing a family business brings with it a unique set of challenges, many due to the close emotional relationships involved. In the Middle East, where relationships and family are very important, managing these challenges becomes crucial. One of the most difficult issues for a family business owner to … Continue reading

Managing Family Business Succession: A six step process
Latest Thinking in the Field / Succession

Managing Family Business Succession: A six step process

For families in business nothing is more challenging than succession. Part of the problem is that succession is a multi-disciplinary task, involves multiple stakeholders, and is a once-in-a-lifetime challenge for most entrepreneurs. So, where to start when dealing with succession? Here is an attempt towards filling this gap – a six step process for practitioners … Continue reading