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Sharing inspirations for Family Businesses around the worldby Business Families Foundation

The New Next Generation

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Baby boomers are retiring and Generation Y’s are looking for successors. Who’s next in line? Generation Z. Learn these easy-to-follow strategies to engage this generation. Remember, they are the future leaders of YOUR business.

5 Scientifically-Proven Strategies for Becoming Who You Are

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In Christy Wampole’s controversial New York Times’ Piece How to Live Without Irony, she scrutinizes the stereotypical millennial or “hipster,” and his defensive approach to life. Using irony as a self-accusing shield against external criticism or ridicule, the Hipster refuses to publicly declare an affinity to any style or belief, only donning clothes or ideologies in jest, protecting himself from ever having to make a commitment to an identity.

Entrepreneurial family firms

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Some people say you’re born with it. Others believe you’re taught it. We’re here to say it’s family dynamics that trigger the entrepreneurial spark. Find out how to kindle the fire that is entrepreneurial behavior.

5 Ways to Transform Your Company into an Entrepreneurial Organization

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One of the well-known traits of millennial, or those born in the 1980s and 1990s, is their lack of trust of institutional hierarchy and their desire for autonomy and recognition. These characteristics, coupled with the low cost of technology today, make entrepreneurship a highly attractive option for this cohort. As a result, organizations must cultivate the right environment to attract and retain members of Generation Y, or risk losing out on talent, innovation, and the next generation of business leaders. The process will not be easy. It could alienate or upset other employees within the organization and is likely to disrupt traditional decision-making processes for a while.

Responsible ownership matters

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We’ve learned from the past. In today’s society, business owners are increasingly expected to take responsibility for the actions of their business. How can you be confident with your ownership choices? Discover these key patterns behind responsible ownership.

Four Ideas to Help You Let Go Gracefully

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While very few businesses live to see the day where their leaders must pass on their duties to the next generation, the companies which do survive often struggle with this high-stakes, and at times, complex, decision.

The entrepreneurship factor in family business success

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Running a business wasn’t always smooth sailing for you, so don’t expect it to be that way for your successor. Find out here how you can prepare and be prepared for the next generation’s leadership.

One 2-minute, high-impact activity scientifically-proven to boost the success of your next presentation

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Social psychologist Amy Cuddy recommends standing in a power pose in a private area prior to a high-stake social interaction, such as a presentation or interview.

The Art of Collaboration

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Coming together is a beginning; Keeping together is progress; Working together is success. Henry Ford

5 Critical Things You Can Do to Retain Top Female Talent Today

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For some, the question of women leadership in the workforce is no longer a relevant question. Women around the world pursue ambitious education and careers and enjoy the same rights as men. What else do women want, they might ask. However, as Facebook COO Sheryl Sandberg says in her classic TED talk “Why We Have Too Few Women Leaders”, the numbers tell a different story.





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Measure and benchmark the agility level of your own organization

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The Intrapreneurial Initiative

Every business can generate new opportunities

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Discover articles and journals that have been published in the field

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The Future of Family Business

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

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Communication and Conflict Management

Make sure your family
gets the message

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

Be successful by preparing your family and planning for the future

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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.

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.

Introducing the Family Business to the Rising Generation

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.

Participation of in-laws in family meetings and decision processes

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.


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.

In Business With Your Spouse

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?


In Business With Your Spouse

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.

Safe Space - Governance in Action

This course is designed to be completed in tandem by members of the rising and senior generations, as learning partners.


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