Publications

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July 2005
Case

Family Governance at the Cousin Consortium Stage

By: John A. Davis and Courtney Sampson

Explains the governance system for the Eddy family, who own the Port Blakely Companies. Provides the viewer with an inside look at the running of the family council and family assembly meetings. Also provides a brief history and overview of the forestry and real estate... View Details

Keywords: Conferences; Corporate Entrepreneurship; Corporate Governance; Business History; Business or Company Management; Family Ownership

24 Nov 2015
Research & Ideas

Developing Your Next CEO for the Family Business

as CEO. I agree but CEO selection is more complex for family companies. Options for Family Companies In family companies, you also have the choice of View Details

Keywords: Retail; Auto

December 6, 2013
Article

Family Businesses Shouldn't Hunt for Superstar CEOs

By: Josh Baron and Rob Lachenauer

This article discusses the challenges faced by family businesses when it comes to succession planning, particularly in selecting an outside CEO. It presents a case study of a third-generation family business looking for an external CEO, named "Mr. Wonderful," to manage... View Details

Keywords: Family Business; Management Succession

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February 2002
Background Note

Working With Relatives in the Family Firm

Describes some of the difficulties of working with one's relatives in the family firm, especially with one's brother(s). Examines some of the reasons for the difficulties and proposes ways of dealing with them. View Details

Keywords: Family Business; Family and Family Relationships; Problems and Challenges

August 2022
Case

One Tiger Per Mountain: The He Family Office

By: Lauren Cohen, Fei Wu and Grace Headinger

Roy He, founder and majority shareholder of his family construction material production company, was preparing to pass down the family business through its first generational handover to his children. His decision would establish his familial legacy and set a precedent... View Details

Keywords: Governance Structure; Family Business; Family Ownership; Strategic Planning; Family and Family Relationships; Leadership; Construction Industry; Canton (city, China); Canton (province, China); China

June 2005 (Revised June 2007)
Background Note

Introduction to Management of the Family Business

By: John A. Davis

Provides an overview to the content and structure of the Management of the Family Business course. View Details

Keywords: Family Ownership; Business or Company Management

Find at Harvard

August 2006 (Revised July 2007)
Background Note

Governance of the Family Business Owners

By: John A. Davis

Reviews the principal ways in which the owners of a family business achieve their governance objectives of a suitable identity and sensible direction and the discipline to achieve these. Covers the responsibilities and rights of owners, plus governance procedures,... View Details

Keywords: Family Business; Corporate Governance; Governing Rules, Regulations, and Reforms; Goals and Objectives; Family Ownership

19 Nov 2008
News

Refocus on the family

January 2012
Case

Family Firm Governance Vignettes

By: Lena G. Goldberg

Keywords: Family Ownership; Governance

15 Apr 2024
Video

Navigating Difficult Conversations About Family Enterprise Transitions

24 Sep 2003 - 27 Sep 2003
Conference Presentation

Leadership in Family Business

By: J. A. Davis

Keywords: Leadership; Family Business

2 PM – 3 PM EST, 02 Dec 2015
Webinars: Trending@HBS

Managing Family Strife: Market Baskets Lessons about Buyouts

You'd have to have been sleeping under a rock to miss the family war and media frenzy over Market Basket, the Boston-based, family-owned supermarket chain. The confrontation between two cousins (both named Arthur Demoulas) over control of the company was finally... View Details

01 Feb 1999
News

All in the Family

father and son, bringing to the table all the tensions, expectations, and disappointments that had built up between them over a lifetime. READ MORE Moving Mountains—Kathy Barco & Barco-Duval Engineering Minding Families' Business—Philippe de Gaspé Beaubien & the... View Details

Keywords: Marguerite Rigoglioso

Fast Answer

Patent terminology: Patent Family

What is a patent family and how it can be used in patent search? A patent family is a collection of patent applications covering the same or similar technical content. The applications in a patent View Details

13 Aug 2014
News

Family Businesses Need Entrepreneurs for Long-Run Success

08 Jun 2015
News

Leading a family business

After Phyllis Papani Godwin (HRPBA 1949) inherited the family electrical supply business, she quickly learned the ropes, developed a collaborative leadership style, and expanded the company into 28 locations. (Published June 2015) View Details

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

25 Apr 2016
Blog Post

Attending HBS to Grow the Family Business

As a kid, Lauren Derse (MBA 2010) hit the family business jackpot. Her mom was the CEO and founder of—you guessed it—a chain of toy store franchises. After growing up in small town Massachusetts (and thriving in her role as resident toy... View Details

December 2001 (Revised March 2003)
Case

Ben Fiorentino: Selling the Family Business

The caseescribes the challenges Ben Fiorentino, the second-generation head of a family-run equipment business, must deal with as he decides whether and how to sell the business. The business is encountering classic problems that confront family-owned firms: The third... View Details

Keywords: Family Business; Negotiation; Business Exit or Shutdown; Management Teams; Agency Theory