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Show Results For
-
All HBS Web
(3,590)
- People (12)
- News (1,290)
- Research (1,213)
- Events (4)
- Multimedia (46)
- Faculty Publications (638)
- December 26, 2018
- Article
Why Family Businesses Need to Find the Right Level of Conflict
By: Josh Baron
Many families avoid conflict because it makes them uncomfortable. For families that own and manage businesses, this is a problem. Conflict avoidance leads people to avoid difficult–but necessary–conversations and decisions. Instead of avoiding conflict, the people who...
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Baron, Josh. "Why Family Businesses Need to Find the Right Level of Conflict." Harvard Business Review (website) (December 26, 2018).
- August 2007
- Background Note
Assessing and Enhancing Individual Power in the Family Business System
By: John A. Davis
Describes how to asses and enhance an individual's bases, sources, and levels of power in a family business system. Relies on Franch and Raven's framework that identifies five bases of social power (reward, coercive, legitimate, referent, and expert), describing how...
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Keywords:
Family Business;
Family and Family Relationships;
Situation or Environment;
Power and Influence
Davis, John A. "Assessing and Enhancing Individual Power in the Family Business System." Harvard Business School Background Note 808-026, August 2007.
- 15 May 2015
- News
Families Find the Principles That Keep the Business Going
- 28 Apr 2008
- News
US, European business families eye Indian PE
- September 20, 2016
- Article
The 5 Models of Family Business Ownership
By: Josh Baron and Rob Lachenauer
Choosing one is among your most important decisions.
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Baron, Josh, and Rob Lachenauer. "The 5 Models of Family Business Ownership." Harvard Business Review (website) (September 20, 2016).
- 25 May 2015
- News
Robert K. Kraft: Business Leader, Family Man
- May 18, 2020
- Article
Create a Culture of Generosity and Communication in Your Family Business
By: Christina R. Wing and Rohit K. Gera
The phrase “family business” is made up of two very different words: “family,” which calls to mind warm, fuzzy feelings around love, joy, and support, and “business,” which is measured in money, profits, impact, and assets. We put the two words together, and often, use...
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Wing, Christina R., and Rohit K. Gera. "Create a Culture of Generosity and Communication in Your Family Business." Harvard Business Review (website) (May 18, 2020).
- September 12, 2022
- Article
Merit or Inherit: How to Approach Succession in a Family Business
By: Josh Baron
One of the most critical questions facing family businesses is how to treat the next generation. They are clearly different from other employees, as current or potential owners of the company, whose wealth and reputation are on the line. On the flip side, most parents...
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Baron, Josh. "Merit or Inherit: How to Approach Succession in a Family Business." Harvard Business Review (website) (September 12, 2022).
- 28 Apr 2020
- Blog Post
A Crash Course in Saving a Family Business
Jiyoon Han (MBA 2021) is getting a taste of what it’s like to be a case protagonist—learning how to pivot while measuring unforeseen challenges against new opportunities. When news broke in March about how COVID-19 would affect the Harvard View Details
- 12 Nov 2001
- Research & Ideas
The Three Components of Family Governance
There are three components to family governance: Periodic (typically annual) assemblies of the family; all families in business can benefit from this activity. View Details
- Teaching Interest
Demystifying the Family Enterprise
This course is primarily designed for students who are pursuing a career in family run businesses, family owned businesses, investment roles in family offices, or students that might invest in or wholly purchase a family owned business through a private equity firm,... View Details
- April 2014
- Teaching Note
CP Group: Balancing the Needs of a Family Business with the Needs of a Family of Businesses
By: William C. Kirby and Erica M. Zendell
- December 2019 (Revised March 2021)
- Case
Carroll Family Farms
By: Forest Reinhardt, Christian Godwin and James Weber
The Carroll Family, U.S. pig and grain farmers, needed to decide what to plant, whether to purchase land, emphasize pigs or grain, or other investments.
Seven family members across three generations owned and operated Carroll Family Farms (CFF). In... View Details
Seven family members across three generations owned and operated Carroll Family Farms (CFF). In... View Details
Keywords:
Agribusiness;
Animal-Based Agribusiness;
Plant-Based Agribusiness;
Operations;
Strategy;
Family Business;
Asset Management;
Globalization;
Agriculture and Agribusiness Industry;
United States;
Brazil;
China
Reinhardt, Forest, Christian Godwin, and James Weber. "Carroll Family Farms." Harvard Business School Case 720-005, December 2019. (Revised March 2021.)
- Web
Leading a Family Business (LFB) - Course Catalog
HBS Course Catalog Leading a Family Business (LFB) Course Number 1895 Senior Lecturer Josh Baron Spring; Q4; 1.5 credits The objective of this course is to prepare you for the unique challenges and...
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- March 2012
- Case
The Agnellis and Fiat: Family Business Governance in a Crisis (A)
By: John A. Davis, Bernardo Bertoldi and Roberto Quaglia
After the death of Umberto Agnelli in 2004, the Agnelli family, led by John Elkann, needs to decide whether to keep Fiat CEO Giuseppe Morchio. The Fiat Group is in a delicate financial position, and John Elkann, the new family leader, is untested in this role. The...
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Keywords:
Family Business;
Family Ownership;
Management Teams;
Leadership;
Corporate Governance;
Crisis Management;
Auto Industry;
Manufacturing Industry;
Italy
Davis, John A., Bernardo Bertoldi, and Roberto Quaglia. "The Agnellis and Fiat: Family Business Governance in a Crisis (A)." Harvard Business School Case 812-128, March 2012.
- December 3, 2014
- Article
Family Businesses Need One Person to Conquer and Another One to Rule
By: Josh Baron and Rob Lachenauer
This article explores the different leadership styles needed in family businesses beyond the traditional "conqueror" archetype. While conquerors are growth-focused and hands-on, rulers are essential for managing complexity, focusing on governance, and addressing family...
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Baron, Josh, and Rob Lachenauer. "Family Businesses Need One Person to Conquer and Another One to Rule." Harvard Business Review (website) (December 3, 2014).
- September 2023
- Technical Note
Note on Family Constitutions
Less than half of family businesses will survive generational transfer. While sometimes this is due to operating company issues, in many cases it is because of conflict within the family. Many families create and adopt a family constitution to proactively mitigate...
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- 09 Jul 2007
- Research & Ideas
Five Steps to Better Family Negotiations
Negotiations between family members who own a business are different—different from negotiations between non-family members and also different from negotiations between family...
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Keywords:
by John A. Davis and Deepak Malhotra