Another reason that family businesses fail is that family members may have unresolved conflicts they are not even aware of. In Part I of this...
Understanding the Psychology of the Family Business: Family Conflicts
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family dynamics
What Happens When the Family Business Splits Up? When Family Business Law Meets Divorce Law
If a son, granddaughter or cousin wants to leave the family business, they can usually separate with no problem. But what happens if two spouses...
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Is DEI DEAD for family business NxtGens?
The convergence of racial justice activism (sparked by George Floyd’s death) and the COVID-19 pandemic made 2020 a uniquely powerful inflection point: leadership, employees, and the public all demanded more than symbolic support. The visibility of systemic inequities...
Top 10 Nepo Baby, Family Business Christmas Movies – 2025
The most sophisticated applications of AI leverage machine learning (ML), deep learning, computer vision, and natural language processing (NLP) to address complex, real-world problems that often surpass human capabilities in terms of speed, data processing, and...
What Happens When You Build a Business That Outlives You?
Most business owners don’t start out thinking about legacy. They start with a vision, a problem to solve, and a desire for freedom. But over time, the questions change. At first, it’s: “How do I grow this?” Later, it becomes: “What happens to this when I’m no longer...
“The $3.5 Trillion Time Bomb” What U.S. Family Businesses Must Learn from Australia’s Wake-Up Call
Australia - The Same Script, Different Stage The Australian findings mirror what we see every day in boardrooms and family dining rooms across America: Founders unwilling to relinquish control Heirs disengaged or underprepared Ownership structures that fail to reflect...
