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 […]
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 […]
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.
It is hard to choose! The more choices you have and the more emotionally invested you are in the outcome, the more difficult it becomes. Added to the fact that everything is now on social media, the pressure to choose something better, or at least as good as what you see reflected back at you, rises.
Are you a young aspiring soon-to-be business leader, but the fear of making mistakes is slowing you down? What if we told you making mistakes can actually be beneficial to your growth! Discover why you shouldn’t worry about making mistakes right here.
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.
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.
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.
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.