Market reserach and surveys conducted by FFI organizational members.
Thanks to Chris Casey for sharing his thoughts on what success means in family firms and some of the difficulties he encountered as he worked on his dissertation “Defining success in family firms using configurational fit: A quantitative study of family-owned construction firms” from Capella University.
The month-long FFI Practitioner series dedicated to the theme of “Reflections” continues this week with a very special interview with Dennis Jaffe, author of the recent working paper titled, “Resilience of 100-Year Family Enterprises: How Opportunistic Innovation, Business Discipline, and a Culture of Stewardship Guide the Journey Across Generations.” In this interview, hosted by Russ Haworth, Dennis reflects on some of the key takeaways from his study of nearly one hundred successful family enterprises.
Thanks to Sylvain Daudel of Stetson University for adding to several provocative FFI Practitioner articles on the topic of generational transition! He argues that the paradigm is wrong — it’s not about longevity but about value creation.
Family firms, like all modern businesses, must depend on growing levels of innovation in order to survive in an increasingly competitive global marketplace. This week, Diogo Cotta and Niklas Rossbach from Maastricht University discuss some alarming trends concerning innovation in family businesses and introduce a research project they’re conducting to learn more about how family businesses approach innovation opportunities.
Thank you to this week’s contributor, Isys Caffey of Edelman, who launches 2018 with further analysis of the Edelman Trust Barometer Special Report: Family Business by focusing on the role that wealth inequality can play in public perceptions of family businesses and what family businesses can do to address these perceptions.
It’s that time of the year – the time when everyone in publishing cites the most popular or most read articles and books for the year! So here’s FFI Practitioner’s contribution to these illustrious lists. We’re doing ours by month – so you can see what your colleagues were reading all year long.
Prepare to be surprised when you read this week’s article by Justin Blake of Edelman. It’s a cautionary tale on perception vs reality when it comes to trust and the family business.
How has research influenced the field of family business and how can practitioners make better use of it with their clients? This week’s FFI Practitioner features an interview with FFI Fellow and past president, Craig Aronoff, where he answers these questions and more as the month-long special issue series dedicated to the Global Conference theme continues.
Family business leaders have long been exhorted to professionalize their businesses. While what this entails has yet to be precisely determined, most would concede that professionalization entails the adoption of a range of human resource systems and practices.
Research Applied précis prepared by Judy Green, Family Firm Institute The authors of “Not All Created Equal” present a thoughtful and well-researched paper on the topic of birth order and role identity.
(Author: Celina Smith) Research Applied précis prepared by Thomas V. Schwarz, Black Forest, LLC A jolt is a ‘sudden and unprecedented’ event that has the potential to greatly impact a firm’s future.
While family-owned businesses have existed and evolved for centuries, knowledge of their systemic distinctiveness has a far more recent origin. Research in the field dates from just 25 to 30 years ago, but has since evolved at an exponential rate. Fortunately, this recent origin means that pioneers are still around and able to reflect on the evolution of the field. In this interview, Ken Moores talks with the co-directors of Northwestern University’s Kellogg Center for Family Enterprises, John Ward and Justin Craig. John was there at the beginning while Justin, a
As in all developed nations, the family business is the economic and social bedrock of the Irish economy. The Irish Prime Minister, An Taoiseach Enda Kenny, bore testament to this fact.
“Family businesses in America generate 50% of the jobs, 64% of GDP and account for 61% of all privately owned businesses.
In 2015, Campden Wealth conducted a private study on the Top 25 100% wholly-owned family businesses to profile their DNA and the drivers of their success.
Perhaps the most talked about and, recently, the most studied theory of family business is the theory of socioemotional wealth (SEW), the emotional – not economic – benefits of controlling a family business.
This study’s purpose is to assess the state of empirical research to account for the past as well as guide future research efforts.
Research Applied précis prepared by Frank Hoy, Worcester Polytechnic Institute We use the label “entrepreneur” when we talk about business founders.