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  • All HBS Web  (4,917)
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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... View Details
Keywords: Family Business; Family Ownership; Management Teams; Leadership; Corporate Governance; Crisis Management; Auto Industry; Manufacturing Industry; Italy
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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.
  • November 2024
  • Technical Note

Is a Single-Family Office Right for You?

By: Christina R. Wing, George Jackoboice and Justin Huang
Twenty years ago, the term “family office” was used infrequently and often reserved for the most storied families such as the Rockefellers or the Kennedys. Now, “family office” is on the tip of the tongue of every investor, wealth manager, and company. However, the... View Details
Keywords: Family Office; Family Business
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Wing, Christina R., George Jackoboice, and Justin Huang. "Is a Single-Family Office Right for You?" Harvard Business School Technical Note 625-073, November 2024.
  • 20 May 2014
  • Research & Ideas

Managing the Family Business: Survival’s Secret Sauce

But long-term success-even for a family company-can be explained in a rather simple, straightforward way. Here are some high points to consider. Grow Every Generation In order to stay alive commercially as a family, you must grow your... View Details
  • September 1, 2021
  • Other Article

The Family Firm Review: Data-Driven Parenting

By: Michael Luca
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Luca, Michael. "The Family Firm Review: Data-Driven Parenting." Wall Street Journal (September 1, 2021).
  • March 2008
  • Supplement

The Pitcairn Family Heritage® Fund (CW)

Keywords: Investment
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Villalonga, Belen. "The Pitcairn Family Heritage® Fund (CW)." Harvard Business School Spreadsheet Supplement 208-720, March 2008.
  • November 1999 (Revised February 2002)
  • Case

Family Feud (A): Andersen v. Andersen

By: Ashish Nanda and Scot H. Landry
Traces the history and development of consulting within Andersen and the history of the schism between Arthur Andersen and Andersen Consulting. Ends with the two units seeking external arbitration of their dispute. View Details
Keywords: Organizational Design; Corporate Governance; Conflict and Resolution; Consulting Industry
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Nanda, Ashish, and Scot H. Landry. "Family Feud (A): Andersen v. Andersen." Harvard Business School Case 800-064, November 1999. (Revised February 2002.)
  • 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... View Details
Keywords: Family Business; Family and Family Relationships; Management Succession
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Baron, Josh. "Merit or Inherit: How to Approach Succession in a Family Business." Harvard Business Review (website) (September 12, 2022).
  • 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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Wing, Christina R., and Sarah Mehta. "MDH Partners: Evolving a Family Legacy." Harvard Business School Case 625-001, October 2024. (Revised January 2025.)
  • April 2000 (Revised July 2000)
  • Case

Family Feud (B): Andersen versus Andersen

By: Ashish Nanda
Arbitration proceedings have been initiated between Andersen Consulting and Arthur Andersen. The case details developments during 1999 and 2000, as the arbitration nears a decision. View Details
Keywords: Business Exit or Shutdown; Service Industry; Consulting Industry; United States
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Nanda, Ashish, and Scott D Landry. "Family Feud (B): Andersen versus Andersen." Harvard Business School Case 800-210, April 2000. (Revised July 2000.)
  • December 1973
  • Article

The Management Bottleneck in Family Planning

By: James E. Austin
Keywords: Management; Planning
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Austin, James E. "The Management Bottleneck in Family Planning." Studies in Family Planning (December 1973).
  • winter 1988
  • Article

Family Business Continuity from the Corporate Side

By: J. A. Davis
Keywords: Family Business
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Davis, J. A. "Family Business Continuity from the Corporate Side." Family Business Review (winter 1988).
  • 2009
  • Chapter

On the Goals of Successful Family Companies

By: John A. Davis and Renato Tagiuri
Providing clear goals for a company and communicating them are among the most powerful means for guiding the behavior of the people in an organization. In this article, we explore the range of objectives or goals of family-owned and -managed companies and identify... View Details
Keywords: Family Business; Interpersonal Communication; Goals and Objectives; Organizational Culture; Family Ownership
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Davis, John A., and Renato Tagiuri. "On the Goals of Successful Family Companies." Chap. 17 in Family Business. Vol. 12, edited by Joseph H. Astrachan, Torsten M. Pieper, and Peter Jaskiewicz. International Library of Critical Writings on Business and Management. Northampton, MA: Edward Elgar Publishing, 2009.
  • 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... View Details
Keywords: Leadership Style; Family Business; Management Skills
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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).
  • 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 managed badly, particularly those... View Details
Keywords: by Carmen Nobel
  • December 2022
  • Case

Signature Brands: Crafting Family Moments That Matter

By: Jose B. Alvarez and Annelena Lobb
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Alvarez, Jose B., and Annelena Lobb. "Signature Brands: Crafting Family Moments That Matter." Harvard Business School Case 523-030, December 2022.
  • August 19, 2013
  • Article

Coddled Relatives Can Kill a Family Business

By: Josh Baron and Rob Lachenauer
Keywords: Family Business
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Baron, Josh, and Rob Lachenauer. "Coddled Relatives Can Kill a Family Business." Harvard Business Review (website) (August 19, 2013). (Republished by Today Online and The Malay Mail Online, 14 October 2013.)
  • 2025
  • Working Paper

Tax Elasticities of Top Donors: Evidence from Family Foundations

By: Simon Essig Aberg
High net-worth donors who give through a family foundation or donor-advised fund constitute the fastest growing segment of charitable giving in the United States. Using a novel database of foundation tax filings, I document facts about top donors, estimate how they... View Details
Keywords: Philanthropy and Charitable Giving; Taxation; Motivation and Incentives
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Essig Aberg, Simon. "Tax Elasticities of Top Donors: Evidence from Family Foundations." Working Paper, June 2025.
  • spring 1992
  • Article

On the Goals of Successful Family Companies

By: J. A. Davis and R. Tagiuri
Keywords: Family Business; Success
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Davis, J. A., and R. Tagiuri. "On the Goals of Successful Family Companies." Family Business Review (spring 1992).
  • September 2023
  • Technical Note

Note on Difficult Conversations in the Family Enterprise

By: Christina R. Wing
The best time to have a difficult conversation is, ideally, as soon as possible. Engaging in challenging conversations early can produce beneficial results for several reasons, such as resolving issues, improving communication, preserving relationships, and increasing... View Details
Keywords: Conversation; Family Business; Interpersonal Communication; Conflict and Resolution
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Wing, Christina R. "Note on Difficult Conversations in the Family Enterprise." Harvard Business School Technical Note 624-044, September 2023.
  • 22 Oct 2011
  • Conference Presentation

Principles and Practices of Long-Term Family Success

By: John A. Davis
Keywords: Family and Family Relationships; Success
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Davis, John A. "Principles and Practices of Long-Term Family Success." Paper presented at the Owners Forum, International Institute for Family Enterprises (IIFE), Muscat, Oman, October 22, 2011.
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