What is the single most useful thing you can do to understand your ideal ‘future world’? At BFF we come across many inspiring families and, at a personal level, it’s easy to think “we wish our own families could be more like that family.” How useful is it to think […]
Could we be undervaluing the ‘soft’ side of family business because it isn’t directly measurable in money? At BFF we often talk with enterprising families who are justifiably confident about the ‘business’ side of ‘family business’ yet feel less sure about the ‘family’ side. It’s a very common phenomenon and […]
An alternative perspective on the critical difference of family businesses Thierry Malleret, Managing Partner of The Monthly Barometer, provoked discussion at a BFF Forum event when he commented on how well family businesses are suited to a world that is VUCA – volatile, uncertain, complex and ambiguous. His argument was […]
What do you want your legacy to be? And how far will you go to enforce your vision of the future? A great strength of many business families is the ability to think long-term, to the next generation and beyond. But like many strengths, there is a danger of overdoing […]
How do you create a friendly and welcoming working environement between the family business and other employees? At BFF we were interested to read the following statement about how, in an ideal world, businesses might think about employees: Concerning employees, purposeful companies recognise there is a reciprocal human contract. Employees […]
Entrepreneurial Families and the Triple Bottom Line Every year, Business Families Foundation brings together some of the greatest entrepreneurial family role models to share solution-driven ideas. This year, we are pleased to host our Family Matters Forum in Vancouver, BC, taking place October 19-21. We will address how to […]
If family members work together, are they more likely to have multi-layered relationships with each other, rather than weak acquaintanceships? At BFF we witness families whose relationships are stronger because they are connected by the ‘glue’ of a family business. For this reason we particularly enjoy watching a mom-and-daughter team, […]
What if family members worked for two-year periods in the family business, at various points in their lives? A commonly asked question is: “should I join the family business?” People typically think that the answer must be ‘yes’ or ‘no’. But suppose the answer were to be: ‘for a bit…when […]
Can two siblings make a success of being co-leaders of a family business? It’s always interesting to hear about siblings who lead a family business together. Successful sibling partnerships can leverage the power of two different people and add a lot of value. But all too often it’s destructive stories […]
If you haven’t already heard, the FAMILY MATTERS | FORUM 2015 was hosted by Business Families Foundation at the end of November. The event aimed to connect the greatest minds in family business to discuss what the future has in store for our cherished business model. With family business leaders […]
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.
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.
Listen to David as he shares a personal anecdote regarding the introduction of a family business to the new generation. Introducing the company's history to the new generation can spark passion and loyalty at a young age. This passion is especially important to family businesses who often rely on the next generation as successors of the business.
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.
For some, the notion of working with a husband or wife is a desirable personal and professional scenario. If this partnership works well, husband-wife businesses are spectacular. However, if it does not work out, it can be devastating for the company and the marriage. But what do you need to consider when it comes to setting up a business with your life partner?
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.