4 decision-making models in family firms: which is best?

Among their unique characteristics, family businesses pursue both financial goals and non-economic aims such as preserving the family legacy and promoting community development. This dual perspective can lead to misalignment among family members regarding organizational priorities, while raising important questions: How should family firms integrate divergent perspectives in their decision-making processes? What’s the best structure […]

Times of change and opportunity are coming for Spain’s family-owned firms

* This article originally appeared in the newspaper “Expansión” on May 4, 2024 under the title “Llegan tiempos de mudanza y oportunidad para la empresa familiar.” Family firms require solid corporate governance in order to maintain their relevance as engines of growth and employment. Spain’s corporate world has garnered global media attention in recent weeks […]

How changes in the family can benefit the family firm

Family-owned firms must navigate continuous change in both the external business environment and their own family sphere, shaped by births, deaths, married-ins and the evolving values and objectives of each new generation. As this Forbes article explores, changes in the family–while challenging–can also be a wellspring of new energy, capabilities and ideas. How Changes in […]

Design, management and dynamics of successful strategic alliances

Guest contributor: África Ariño Professor of Strategic Management · Holder of the Joaquim Molins Figueras Chair of Strategic Alliances · IESE As explored in the first article in this series on the conclusions drawn at the Family Business Reflection Forum, strategic alliances enable two or more companies to share resources and capabilities to either undertake […]