Family businesses

Both have risks. Here's how to strike the right balance.

Five critical decisions to set it up for long-term success.

Start by understanding why they might be reluctant to inherit it.

A case study.

One of the most agonizing experiences that any business faces is the moving from one generation of top management to the next. The problem is often most acute in family businesses, where the original entrepreneur hangs on as he watches others try to help manage or take over his business, while at the same time, […]

Six signs you're overindulging your heir apparent.

A guide to what it should do — and who should be on it.

It’s all about your mindset.

After all the investigations into the Satyam scandal are over, one question will remain: why did its founder, B Ramalinga Raju, plunge into fraud? Four out of ten entrepreneurs fail in the first five years — but in Raju’s early entrepreneurial years, he had a family advantage. His father, Satyanarayana Raju, built a grape growing […]

Research shows that family businesses are more susceptible to crossing the line.

Talent can be hard to scout when it’s family.

Lack of boundaries and formal structure create potential for nasty (and lasting) disagreements.

Sticking to “this is just how we do things around here” can have disastrous consequences, even for the closest family owner group.

It's an important stage of the company's growth.

Choosing one is among your most important decisions.

Four questions to ask before you make a painful decision.

Smart firms can learn to distinguish what type of work leads to big profits - and what doesn't.

When Pinault stepped into the top job at Kering (formerly PPR), in 2003, he faced a key question: Should he leave things as they had been under his father,...

A primer on office politics for outsiders.

How to lead through turbulent times.