A partnership to boost academic research into organisations, strategy and governance at family businesses has been formed by Dutch co-operative bank Rabobank, global top-five accounting firm BDO and the Erasmus Centre for Family Business (ECFB) based at Rotterdam School of Management, Erasmus University (RSM).
Prime Minister Mark Rutte awarded Westland Kaas with the 'Family Business of the Year 2014' award during the Family Business Award 2014 in The Hague.
Every year Elsevier magazine makes a list of the largest Dutch family businesses according to revenue. The feature also quotes Pursey Heugens and mentions research by Vanessa Strike both of the Erasmus Centre for Family Business.
More than 140 people from family-run businesses of all sizes in the Netherlands attended a symposium bringing together and stimulating interaction between family businesses and researchers. The event ‘Navigating Family Businesses at the Crossroads’ was hosted by RSM’s Erasmus Centre for Family Business (ECFB), and supported by FBNed.
In an article in Financieele Dagblad (Financial Daily) Mr. John Fentener van Vlissingen, Pursey Heugens and Hans van Oosterhout plead for a different approach to inheritance tax for family businesses as well as a more committed government towards family businesses.
The Erasmus Centre for Family Business will host the event "Navigating Family Businesses at the Crossroads" in collaboration with FBNet.
Prof.dr. Henk Volberda addressed family businesses in the latest Competition and Innovation Monitor carried out by the research institute INSCOPE -Research for Innovation of Erasmus University Rotterdam.
Professor Franz W. Kellermanns from the University of North Carolina will be visiting Erasmus University Rotterdam to present his research: ‘Family Control and Family Firm Valuation by Family CEOs’.
Do executives in family businesses have different management apporaches from those in regular businesses? Vanessa Strike researched the differences between family and non-family CEOs in firms.
What is the difference between having a family versus a non-family executive in the family firm? Family businesses are warmly invited to attend a round-table dinner meeting on Thursday, 28 November to probe this question. The dinner is hosted by the Erasmus Centre for Family Business.
With their ground-breaking new research into the behaviour of family business CEOs who are nearing retirement, the research team of Dr. Vanessa Strike (Scientific Director of the Erasmus Centre on Family Business or ECFB), Dr. Stephen G. Sapp (Ivey Business School, Western University) and RSM alumnus Lorenzo Congiu (MSc GBSM 2011 cum laude), offer new perspectives on the long term benefits to be derived from the long career horizons of CEOs in family controlled firms.
Can the unique characteristics of family-controlled firms (FCFs) make them uniquely resilient in times of financial crisis?
RSM’s Leadership of Family Firms is a course open to MBAs, EMBAs and family business members. Bringing these three groups together offers a unique environment to engage in and discuss issues surrounding the unique governance and strategic challenges faced by family firms.
A newsarticle in NRC handelsblad of May 22 ("it's quite something, risking daddy's business") shows an important research function: It triggers debate. Read the interview with RSM faculty and family business members to get more details.
“By purposefully tackling the challenges facing family businesses, we will beat the statistics.” So responded an ambitious manager of a family business to the presentation given by Pursey Heugens, Professor of Organisation Theory, Development, and Change on strategic changes within family-run companies. The professor gave his talk at a round-table meeting on 28 May 2013.
A recently-published research paper co-authored by Professor Pursey Heugens at the Rotterdam School of Management, Erasmus University (RSM) has shed new light on private family firms, showing they are just as high-performing as other private firms, and contradicting their ill-deserved reputation for under-performance and conservatism.
What happens in a family business during the risky period when the manager steps down? Family businesses are warmly invited to attend a round-table dinner meeting on Tuesday, 28 May to discuss the question. The dinner is hosted by the Erasmus Centre for Family Business (ECFB).
In this family business case written by three RSM students and supervised by RSM Professor Willem Hulsink, the Polano family finds themselves at a crucial crossroad in their family business, AFG, a commercial dealer of food packaging plastics.
The Erasmus Centre for Family Business is pleased to announce that Professor dr. Joern Block has joined the Centre's research team. Joern Block is a full Professor of Management at University of Trier and a Visiting Professor at the Department of Applied Economics at Erasmus University Rotterdam, the Netherlands. He is also a member of Erasmus Institute of Management (ERIM).
The father, the son and the family business. Succession is critical to family firms. Have a shared family business language to communicate between the generations is a key component in achieving a successful succession process.
“Scholtes Waterservices”, a teaching case written by Dr. Vanessa Strike, Scientific Director, Erasmus Centre for Family Business, and Lisa Barendse, a former RSM Master's student, received a special Highly Commended mention from the judges due to its outstanding quality and was one of the runners-up in the 2012 EFMD Case Writing Competition.
Family firms make up 60% of all European businesses. During your career you will most likely consult to, work for, or start up a family business. This course, to be offered in September 2013, teaches students the unique challenges and opportunities address by family firms.
Who gives advice to family firms? What kind of advice do they give? And is the advice valuable? These are the questions that Dr. Vanessa Strike looks to answer in her article “Advising the Family Firm: Reviewing the Past to Build the Future”, published in the Family Business Review.
Emotion was the watchword at the launch event of the Erasmus Centre for Family Business, not in the sense of irrational, but in the sense of a commitment that leads to better business.
Although family business is a driver of the global economy, the field has lagged behind in terms of research interest. With the upcoming November launch of the Erasmus Centre for Family Business (ECFB), however, RSM is aiming for international recognition in the field.
Many family-controlled firms benefit from the professional and personal advice of someone outside of the family. That person, through a mix of trust, integrity, respect and experience, is accepted within the family’s inner circle and becomes their most confidential adviser and counsellor. Vanessa Strike investigates the role of this Most Trusted Adviser.