Guest collaborator: Pedro Vázquez Pedro Vázquez is an associate professor of business policy, academic director of the Center for Family Business, and holder of the Chair of Organizational Governance at IAE, located in Buenos Aires, Argentina. When the topic of business families arises, the conversation almost invariably turns to money: How much is the company…

COP30 concluded in Belém, Brazil, with Parties adopting a negotiated set of decisions presented by the UNFCCC as the Belém Political Package. In his closing remarks, UN Climate Change Executive Secretary Simon Stiell stressed that countries maintained cooperation and a shared resolve to keep the 1.5°C goal within reach. The Belém Political Package is not…

The decision to integrate non-family executives into a family business is often described as a pivotal moment of “professionalization.” According to conventional wisdom—frequently reinforced by advisors—seasoned outsiders inject discipline and boost performance. While non-family managers are critical to the growth of many family firms, academic research shows that their positive impact is not automatic. Hiring…

My father-in-law recently shared Peter Godwin’s memoir “Exit Wounds: A Story of Love, Loss, and Occasional Wars” with me. Like my father-in-law, who grew up in Zimbabwe before migrating to Australia, Godwin is intimately familiar with the peculiar grief of belonging to multiple places and none fully. Born and raised in Zimbabwe, educated in England,…