Are well-defined milestones the secret ingredient in exceptional family businesses? Scott McCulloch breaks down the recipe. How do you strategically align family business values and management culture in a family business? The short answer is with great care. Yet it’s hard not to take a binary view with regard […]
At BFF we get to know a lot of the complex emotions that affect enterprising families: pride-in-achievement, purpose-in-the-project, determination-to-survive and many others. We really appreciate Brittney and Breanne Ramsay, of BRITT Land & Engagement, telling us about the crippling-fear they experienced when their dad became unexpectedly ill. Brittney Ramsay: “We […]
In BFF’s work with enterprising families we’ve noticed how, when people’s emotions become hot, they somehow seem to ‘forget’ important communication skills. People can become upset by even apparently innocent comments like: “I see what you’ve done, that’s what I expected you to do”. The retort could be: “So I […]
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.
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.
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.
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 in regard to balancing family and business communication.
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.
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.
Listen to Dr. Ivan Lansberg, who teaches family business at the Kellogg School of Management, present ways of inclusion and exclusion of spouses in the entrepreneurial family governance and decisions.
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.
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.