Featured
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Family, Family Voices, Governance, Ownership
2024 Owners' Day: A New Era for the Global Family Enterprise Program
On October 1st, the Global Family Enterprise Program held its inaugural Owners' Day, a milestone event that brought together family enterprise leaders, students, alumni, and experts to explore the evolving role of ownership in today’s world. The event showcased the potential for family enterprises to not only drive economic success but to lead with values and create sustainable, positive change across industries, communities, and generations.
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Family, Family Voices, Governance, Ownership
Think Bigger
Our spotlight is on the latest groundbreaking work by Sheena Iyengar, the esteemed inaugural S.T. Lee Professor of Business in the Management Division at Columbia Business School, and a renowned authority on choice and decision-making. Her book is a beacon of inspiration for us all.
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Family Enterprise Insights
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Leadership and Strategy, Ownership, Research Findings, Strategy
Can you understand family-owned business without the emotions?
How do emotions impact decision-making in your family enterprise? Fabian Bernhard, Associate Professor of Management, EDHEC Business School, explains.
Ownership, Practitioner Perspectives
The Owner’s Journey
Entrepreneurship in the United States continues to be a major path to wealth creation for individuals and their families.
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Family, Leadership, Ownership, Research Findings
Dynastic Control Without Ownership: Evidence from Post-War Japan
Dynastic-controlled firms are led by founding-family CEOs while the family owns an insignificant share of equity (defined as less than 5%).
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Consulting, Governance, Ownership, Research Findings
New Ideas in Family Firms
The New Ideas in Family Firms Academic – Practitioner Conference, co-hosted online with Columbia’s Global Family Enterprise Program and INSEAD’s Wendel International Centre for Family Enterprise, took place on May 7, 2021. Leading academic researchers and global practitioners discussed the role of the family enterprise in society, the meaning and potential for ESG practices, and ways that the pandemic has impacted family enterprise advisory work
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Family, Family Voices, Ownership
What Can You Learn From Family Businesses?
Columbia alumni, Cheyenne Wiskerke ’13 and Alan Wasserstrom ’63, share stories of the businesses they inherited and led — and some of the lessons they learned along the way.
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Family, Family Voices, Ownership
Sipping Success
As co-founder of Blue Nectar Tequila, Nikhil Bahadur ’12 and his father, Bn Bahadur, turned his passion for the Mexican spirit into an award-winning brand.
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Family, Family Voices, Ownership
A Taste for Great Service
As the Ko Hospitality Group opens its first US restaurant, CEO Stan Ko ’99, talks about the family business and why he’s fiercely dedicated to the dining experience.
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Family, Family Voices, Leadership, Ownership
Five Tips for Leading a Successful Family Business
Razak Dawood ’68, chairman of Descon, a multinational, family-owned corporation based in Pakistan, offers his best advice for those entering or running their family businesses.
Family, Management, Ownership, Practitioner Perspectives, Strategy
How to Build and Sustain a Successful, Enduring Enterprise
The HBR Family Business Handbook brings sophisticated guidance and practical advice from family business experts Josh Baron, adjunct professor, Columbia Business School, and Rob Lachenauer.
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Family, Family Voices, Leadership, Management, Ownership
Co-President Siblings Steward a Century-old Family Business
111 years since its founding as Massachusetts Envelope Company, Ben Grossman ’06, along with his brother, David, are the 4th generation of Grossman Marketing Group. This podcast, from The Business of Family, explores legacy, leadership and life lessons.
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Family, Ownership, Research Findings
Is it lonely at the top?
Eight studies by Professor Adam Galinsky and colleagues find a robust negative relationship between the experience of power and the experience of loneliness.
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Family, Management, Ownership, Research Findings
How do firms, managers and incentives match up?
In a journal article by Oriana Bandiera, Luigi Guiso, Andrea Prat, and Raffaella Sadun, the authors combine unique administrative and survey data to study the match between firms and managers, illustrating how risk aversion and talent shape firms' selection and motivation of managers.