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Sharing inspirations for Family Businesses around the worldby Business Families Foundation

The integration of next-generation family members in decision making

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Keeping up with the Waltons: Business-owning Family Socialization It is widely recognized that family businesses tend to orient decision making around maintaining control of their firm, which may result in a range of “economically irrational” strategic behaviours, such as suboptimal human resource practices, governance, corporate diversification, and R&D investment, in […]

Measure and benchmark the agility level of your organization

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Measure and benchmark the agility level of your own organization Being one of the modern management buzzwords, the true relevance of being “agile” is often underestimated – Agility is one of the key characteristics of successful organizations. Agility is widely understood to be the highest form of organizational adaptability – an organization’s capability […]

Summer: A time to Reflect, Reinvent and Inspire

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The summer is a wonderful time to reflect, reinvent and inspire ideas. We’re not often handed time to reflect on ourselves anymore, so it’s important that we create those moments for ourselves – consciously set aside time for personal reflection and establishing aspirations for the remaining of 2018. Reflection can […]

Why Intrapreneurship?

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Did you know that 1 out of 3 intrapreneurial projects give birth to a solid new business, which is 3× more efficient than entrepreneurship! In a world of aspiring entrepreneurs, it is time to value innovation within existing family businesses. Who would have thought that a family owned recruitment firm would invest in […]

Communication is a delicate dance

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“The art of communication is the language of leadership.” -James Humes Communication is a delicate dance. Messages can be misinterpreted, ideas can be misunderstood, and we often say more with our bodies than we do with our words. In a family business context, there is an added level of complexity with regards to […]

Why Choosing Nonflict over Conflict is a Winning Strategy for Family Businesses

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By Stephen Hecht Co-Founder & Chief Executive Peacemaker Million Peacemakers When I was 20 years old, my uncle died. It was sudden, a heart attack during a visit to our stores on the west coast. As the president of our family business, and my personal mentor, we were in deep […]

How Three Circles Changed the Way We Understand Family Business

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A family business advisor sits with a founder and his two daughters in a conference room in Chicago, helping the family with an intense discussion they are having about the future of their family-owned brewery. The elder daughter works in the business. Neither daughter has shares in the family company. […]

Appreciating the Various Roles Women play in Family Business

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Written by Margaret-Jean Mannix Co-Chair Business Families Foundation I see for women in family business, a much greater appreciation for the different roles that they can play. I would say recognizing the significance of a supportive spouse, recognizing the role that plays in often being the calming factor for family […]

Beyond CSR: Emergence of SRC – A Socially Responsible Corporation

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Business has been the most powerful institution on the planet since the second half of the twentieth century. Dr Willis Harman, co-founder of the World Business Academy in 1987 put forward the view that the dominant institution in any society needs to take responsibility for the whole, as the church […]

How can business families invest for social and environmental impact?

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By Abigail Noble, CEO of The ImPact What do people really mean when they talk about “impact investing?” Why do people make impact investments, and how do they do it? What counts, and what doesn’t? The ImPact — a member community for families committed to making impact investments — answers […]





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Measure and benchmark the agility level of your own organization

Take the Agile Performer Index Survey

Participate

Cousins Siblings Dynamics Program

November 2-4, 2018 in Niagara on the Lake, Canada.

Learn More

The Intrapreneurial Initiative

Every business can generate new opportunities

Discover

Discover articles and journals that have been published in the field

Explore Publications

The Future of Family Business

Today, family businesses play a crucial role in the economy, but will they tomorrow?

WATCH THE VIDEO

Communication and Conflict Management

Make sure your family
gets the message

Start Now

80% of family businesses fail due to a lack of unity

Be successful by preparing your family and planning for the future

Learn more

What Business Families Foundation can offer you

Intrapreneurship Programs

Looking to better understand key family business topics? We combine key concepts, expert advice and family perspectives to address important themes for you to apply in your own practices.

Intrapreneurial Initiative Toronto

Help launch new businesses, create value and strengthen our economy through the Intrapreneurial Program.


Initiative intrapreneuriale Québec

Le Parcours appuie deux générations d’entrepreneurs dans la création d’un nouveau projet intrapreneurial.


Launch your own Intrapreneurship Program

Start building a community of intrapreneurs wherever you are in the world. If you are ready to bring the Intrapreneurial Program to your community, we will help you make it happen.


Online Courses

Looking to better understand key family business topics? We combine key concepts, expert advice and family perspectives to address important themes for you to apply in your own practices.

Compass for Entrepreneurial Families

Compass for Entrepreneurial Families is an educational program developed by Business Families Foundation to provide business families with a better understanding of fundamental, contemporary concepts.


Interactive Activities

Need help making important decisions? We’ve spoken to hundreds of families who have lived it. We’ll ask you the tough questions to guide you in finding the right solutions for your family and your business.

What Should We Talk About at Family Meetings?

Play this interactive game to keep the family glue strong and to address issues around family communication and governance.


Relatable Case Stories

Want to see how it’s done? We’ll provide you with relatable business family scenarios so you can learn how to better handle difficult situations, anticipate common reactions, and avoid unnecessary conflict.

Communication

Setting clear communication boundaries in a family business can be complicated and every family is unique in how they decide to balance their work life and their family life.


Family Business Interviews

Searching for advice? We’ve collected hundreds of interviews. Listen to your peers speak about overcoming challenges and learn from their triumphs and failures to set your family and business on track for success.

Imparting family values to the next generations

Watch Carolyn Greenspon, a 5th generation member of The New York Times Company founding family, describe the influence her late great-grand-mother still has on the family to this day, and how business family leaders can act as role models to inspire generations to come.


Advice From Leading Experts

Seeking solutions? Hear from our specialists on best practices and strategies for dealing with common and complex family business issues. Take advantage of the knowledge and expertise they have to offer.

Interaction between the junior and senior generations in a family business

Watch Professor John Davis of Harvard Business School talk about the importance of reinforcing partnering between the junior and senior generations in a family business. In a family business, it is important to familiarize the rising generation with the business early on, so that they can take on responsibilities sooner.


Infographics

Passionate about family business? Browse our interesting and thought-provoking collection of family business tips, tricks and stats! In reading them, we promise you’ll learn a thing or two about family business.

Building a 100-Year Family Business - Successfully Transitioning Over a Century

Imagine if there was a potion to success… Identifiable qualities and steps that you could follow to build a 100-year family business. Well, we have just that. Follow the seven qualities here and you’ll be on your way to a sustainable multi-generation business.


Building a 100-Year Family Business - Successfully Transitioning Over a Century

Monthly Feature

Want to be first in the know? Each month we release one item from our PREMIUM package to the public for a limited time. Don’t miss this opportunity to check out brand new BFF resources.

The Long-Term Survival of Family Business

The Clarkson Centre for Board Effectiveness (CCBE) at the Rotman School of Management has a mission to study corporate governance and provide practical insights for companies about what good governance means.


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