Business Case Studies & Business Publications

To Honor and To Grow: Recommendations fo...

Wall, Alana, West,...

Technical Note

To Honor and To Grow: Recommendations for the Enduring Family Business

Wall, Alana; West, June A.

ENT-0224 | Published July 16, 2019 | 10 pages Technical Note

Collection: Darden School of Business

Product Details

Family businesses are unique and complex; they have aspects and layers to them that are unlike any other organizations because at the root of family businesses' identities are the aspirations of both the business and the family's members, which could be at odds with one another. This note—a meta-analysis drawn from many authors' work—explores an approach that identifies ways to unify family and business, examining new possibilities and building a strong resiliency in the process. This analysis of various characteristics within family businesses provides opportunities to learn about how families are unique, offers examples of family businesses (when possible), and, most importantly, leads to clear recommendations.