Adapt | Evolve | <strong>Transform</strong>
Latest Thinking in the Field / Trends in Family Enterprise

Adapt | Evolve | Transform

Thanks to this week’s authors Robin Dodokin and Raj V. Mahto for their interesting articles on two elements related to this month’s Practitioner theme of “transform.” Go here for “Mediation as a Process for Change and Transformation for Managing Family Conflicts” by Robin Dodokin Go here for “The Big Gorilla in the Room: Family firms … Continue reading

Mediation as a Process for Change and Transformation for Managing Family Conflicts
Latest Thinking in the Field / Trends in Family Enterprise

Mediation as a Process for Change and Transformation for Managing Family Conflicts

Transformation This article makes the claim that mediation, a private, voluntary and creative process, can be designed to effectively address and resolve conflict among family members engaged in family enterprise(s) and that mediation can be a transformative process. The idea of transformation is daunting to many people because it implies change and doing things differently. … Continue reading

The Big Gorilla In the Room: Family firms and hypercompetition
Latest Thinking in the Field / Trends in Family Enterprise

The Big Gorilla In the Room: Family firms and hypercompetition

The concept of “Hypercompetition,”[1] which Richard D’Aveni, professor of business strategy at the Amos Tuck School at Dartmouth College, introduced in his book with the same title, is changing industries and business practices, especially management of family firms. The phenomenon refers to a competitive environment, in which it will be rare for industry leaders (e.g., … Continue reading

Tempering the Power of Irrevocability: The influence of consensus in family enterprises
Family Business / Family Enterprise / Trends in Family Enterprise

Tempering the Power of Irrevocability: The influence of consensus in family enterprises

Thanks to Nick Di Loreto and Steve Salley of BanyanGlobal Family Business Advisors for this week’s thought-provoking article on what’s really “irrevocable” when a family enterprise can come to consensus. Tempering the Power of Irrevocability: The influence of consensus in family enterprises There are three social systems in any family enterprise: the family, the business, … Continue reading

Research Applied: <i>FBR</i> Précis for the Practitioner
Family Business Review / Research in the Field / Trends in Family Enterprise

Research Applied: FBR Précis for the Practitioner

This week The Practitioner is pleased to present three précis and a related podcast from the March FBR. Thanks to the authors of both the précis and the original articles as well as to Karen Vinton, FBR assistant editor for conducting the related interview. Go here for Nava Michael-Tsabari’s précis for Empirics in Family Business … Continue reading

Empirics in Family Business Research: Progress, Challenges, and the Path Ahead
Family Business Review / Research in the Field / Trends in Family Enterprise

Empirics in Family Business Research: Progress, Challenges, and the Path Ahead

(Authors: Robert E. Evert, John A. Martin, Michael S. McLeod, and G. Tyge Payne) Research Applied précis prepared by Nava Michael-Tsabari, The Raya Strauss Center for Family Business Research, Tel Aviv University, Israel This study’s purpose is to assess the state of empirical research to account for the past as well as guide future research … Continue reading

Viewing Family Firm Behavior and Governance Through the Lens of Agency and Stewardship Theories
Family Business Review / Research in the Field / Trends in Family Enterprise

Viewing Family Firm Behavior and Governance Through the Lens of Agency and Stewardship Theories

(Authors: Kristen Madison, Daniel T. Holt, Franz W. Kellermanns, and Annette L. Ranft) Research Applied précis prepared by Navneet Bhatnagar, Thomas Schmidheiny Centre for Family Enterprise,​ Indian School of Business​, Hyderabad, India Two theories of organizational behavior, namely agency theory and stewardship theory, have frequently been used to explain the unique aspects of family firms. … Continue reading