Anneleen Michiels and Claudia Binz Astrachan Anneleen Michiels and Claudia Binz Astrachan

Money education in the business family: A perspective article

Financial education is critical for business families with a generational vision - yet, it is often undervalued and not prioritized, despite its profound implications for family cohesion and business sustainability.

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Tom Rüsen , Claudia Binz Astrachan, and Ruth Orenstrat Tom Rüsen , Claudia Binz Astrachan, and Ruth Orenstrat

Why Don't You Educate Your Owners?

Family firms that fail to educate their owners are putting their future in peril. In this article, we highlight where business families fall short in their ownership training and outline a simple process to identify the educational needs of your own family shareholder group.

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Tom Rüsen , Isabel Botero , Arist von Schlippe and Torsten Groth Tom Rüsen , Isabel Botero , Arist von Schlippe and Torsten Groth

Developing Your Business Family Strategy: Where to Start and What to Consider

Successful, long-lasting business families have a family strategy: A shared understanding of what is important to them, what they want to do together, and how they want to work together to achieve their collective goals and vision.

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Claudia Binz Astrachan, Tom Ruesen, and Frank Stangeberg-Haverkamp Claudia Binz Astrachan, Tom Ruesen, and Frank Stangeberg-Haverkamp

Case Study: What All Family Businesses Can Learn From the Merck Family

The German Merck family has succeeded where many business families have failed: Keeping a group of over 300 family members unified, aligned and committed over the course of 350 years.

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