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  • 26 Jun 2013
  • News

Henry Ford's Great-Great Grandchildren Join the Family Business

  • 08 May 2015
  • News

Continuing a family legacy

After gaining experience in a variety of industries, Angela A. Chao (AB 1995, MBA 2001) joined the family shipping business, where she is growing the business in new ways. (Published May 2015) View Details
  • 27 Feb 2025
  • News

Scaling a Family Business to Build Multigenerational Success

  • 2008
  • Other Unpublished Work

Are Private Equity Firms Better Managed?

By: Nicholas Bloom, Raffaella Sadun and John Van Reenen
We use an innovative survey tool to collect management practice data from over 4,000 medium sized manufacturing firms across Asia, Europe and the US. These measures of managerial practice are strongly associated with firm-level performance (e.g. productivity,... View Details
Keywords: Private Equity; Management Practices and Processes; Production; Performance Improvement; Manufacturing Industry; Asia; Europe; United States
Related
  • 25 Apr 2016
  • Blog Post

Attending HBS to Grow the Family Business

three consulting firms (a role I never wanted to return to), and the excitement of entrepreneurship. All of a sudden, the family business didn’t seem all that glamourous. It was easy to get lost in the herd... View Details
  • October 23, 2013
  • Article

Banyan Family Business Advisors On The Keys to Long-Term Resilience

By: Josh Baron and Rob Lachenauer
Family businesses have been found to excel in resilience during economic downturns compared to publicly-traded ones. This is attributed to their focus on resilience over performance. Key qualities of resilient family firms include managing low debt, practicing... View Details
Keywords: Performance Consistency; Economic Slowdown and Stagnation; Family Ownership; Family Business; Values and Beliefs; Business Strategy
Related
  • Program

Rising Generation in the Family Enterprise

businesses, family offices, or family foundations; consultants or executives in professional service firms Learning and Living at HBS When you participate in an Executive... View Details
  • March 2019
  • Case

Dabur India: Growing Professional Management from Family Roots

By: Suraj Srinivasan, Namrata Arora and Jonah Goldberg
The case opens in December of 2018, with Sunil Duggal, the CEO of Dabur India (a multinational consumer goods conglomerate with a focus in Ayurvedic products) contemplating who should succeed him at the head of the company. The new CEO will have been the first since... View Details
Keywords: Family Business; Management Succession; Multinational Firms and Management; Business Growth and Maturation
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  • 04 Apr 2012
  • Research & Ideas

When Founders Recruit Friends and Family as Investors

becoming one, you should read this book," Shah wrote.) Jeff Bussgang, a general partner at the early-stage venture capital firm Flybridge Capital Partners, blogged, "Rather than having [founding] decisions happen by chance,... View Details
Keywords: by Noam Wasserman
  • October 2024 (Revised January 2025)
  • Case

MDH Partners: Evolving a Family Legacy

By: Christina R. Wing and Sarah Mehta
This case is about succession planning for MDH Partners, an Atlanta-based industrial real estate investment firm founded in 2005. When Jeffrey Small, Jr. cofounded MDH Partners, he named the company in honor of his grandfather, Mark Durward (MD) Hodges, an early... View Details
Keywords: Buildings and Facilities; Business Ventures; Ownership; Business Exit or Shutdown; Family Business; Management Succession; Personal Development and Career; Financial Services Industry; Real Estate Industry; United States; Georgia (state, US); Atlanta
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  • 01 Jun 2013
  • News

Extending Opportunity: Brock Family Fellowship

not have had exposure to elsewhere." After graduation, she joined Bain & Company and was there until 1991 when she joined Berkshire Partners, a Boston-based private equity firm where today she serves as a managing director. "I would not... View Details
Keywords: Colleges, Universities, and Professional Schools; Educational Services; Educational Support Services; Educational Services
  • 27 Jan 2014
  • Research & Ideas

Family CEOs Spend Less Time at Work

Two years ago, the World Management Survey on organizational leadership reported that firms led by family CEOs (managers related to the family owning the business) are often... View Details
Keywords: by Carmen Nobel
  • 2009
  • Chapter

Do Private Equity-owned Firms Have Better Management Practices?

By: Nicholas Bloom, Raffaella Sadun and John Van Reenen
We use an innovative survey tool to collect management practice data from over 4,000 medium sized manufacturing firms across Asia, Europe and the US. These measures of managerial practice are strongly associated with firm-level performance (e.g. productivity,... View Details
Keywords: Private Equity; Management Practices and Processes; Production; Private Ownership; Performance Improvement; Performance Productivity
Related
  • 21 Jun 2016
  • News

Rescuing Families from ISIS-Led Genocide

partner of a tech firm in Winnipeg to help Yazidis leave refugee camps in Syria and Turkey to start new lives in Canada. Five hundred members of this ancient ethno-religious minority were killed by ISIS in the 2014 onslaught. Women and... View Details
  • 01 Aug 1998
  • News

Spangler Family Gift Endows New Campus Center

making a generous gift to the School to facilitate the construction of a new MBA campus center, scheduled for completion by the summer of 2000. The gift extends long-standing, close ties between the Spangler family and HBS. Both Dick... View Details
Keywords: Nancy O. Perry
  • 01 Dec 1999
  • News

Hawes Family Funds New Classroom Building

reinsurance. During almost four decades in the insurance business as a salesman, entrepreneur, top executive, and industry leader, he established a remarkable record of success while maintaining a sterling reputation for character and integrity. For example, in 1978... View Details
  • 01 Jun 2004
  • News

Greenhill Family Gift Enhances Global Research

four continents. In recognition of the School’s leadership role, Gayle and Robert F. Greenhill (MBA ’62) have donated $15 million to establish the Greenhill Family Endowment for Global Research to support a broad range of international... View Details
Keywords: Colleges, Universities, and Professional Schools; Educational Services
  • March 2009 (Revised April 2011)
  • Course Overview Note

Growing, Financing, and Managing Family and Closely Held Firms: Overview of the Course

By: Belen Villalonga
Most companies around the world are controlled by their founding families, including more than half of all public corporations in the U.S. and Europe and more than two thirds of those in Asia. These companies are the subject of the Financial Management of Family and... View Details
Keywords: Family Business; Financial Management; Corporate Governance; Governing and Advisory Boards; Family Ownership; Business and Stakeholder Relations; Valuation
Related
  • June 2016
  • Case

Augustine Heard & Co.: Building a Family Business in the China Trade (B)

By: William C. Kirby and Joycelyn W. Eby
In 1861, the Heard brothers faced a decision: should they continue their family firm's business model that had made them a successful commission house in China, or was it time to make fundamental adjustments to their work? This case reveals that the brothers decided to... View Details
Keywords: China; Mercantilism; Family Business; China
Related
  • 24 Apr 2014
  • News

Driving the family business onto a global stage

Anand Mahindra (AB 1977, MBA 1981), as chairman and managing director of Mahindra & Mahindra (M&M), has grown the family business into a thriving Indian multinational automotive manufacturing corporation, creating jobs for thousands. Not... View Details