The ambitions of the Dickey family have fueled the exponential growth of Dickey's Barbecue Restaurants Inc. The family's willingness to redefine the company's business model made the expansion possible.

Three generations and 76 years after the first Dickey's Barbecue Pit opened in a tiny location north of Dallas, the company...

How did a small African-American-owned homebuilder from Alabama end up as one of the leading construction companies in Philadelphia, Pa., whose projects have included major sites like the Pennsylvania Convention Center, the Kimmel Center for the Performing Arts and Lincoln Financial Field, home of the NFL's Philadelphia Eagles?

Angelo R....

Whether your family oversees one or more operating companies or a family office that manages investable assets, the word "risk" usually connotes concepts such as overconcentration, lack of diversification and lock-up periods. But as social media use has taken the world by storm in the last 10 years, every family...

Despite seemingly blue skies and calm waters, family businesses, like boats on the ocean, face continual and potentially dangerous threats. The ultimate price for failure to prepare for and meet these threats is extinction. Unfortunately, this is the fate of most family businesses after the second generation.

Looking to the...

As business families seek ever more effective ways to cultivate their next-generation leaders to meet tomorrow's challenges, many turn to educational institutions to deliver a robust business education—and to equip young people with the skills and insights to manage the opportunities and demands facing family enterprises.

Faculty members have long...