BUSINESS AND FAMILY
BUSINESS AND FAMILYAs business families grow, they can turn into multiple groups or large dynastic family associations. How do you include them all? read more
SUCCESSIONThis topic focuses on corporate succession and all its implications for revenue, inheritance tax implications and upbringing. read more
BUSINESS MANAGEMENTHow can a family business be steered in all its facets? This is where everything relating to corporate management is discussed. read more
FAMILY BUSINESSES IN SOCIETY
FAMILY BUSINESSES IN SOCIETYFamily businesses are firmly rooted in society. How can family businesses from different cultural backgrounds collaborate successfully with each other? read more
CRISES & CONFLICTS
CRISES & CONFLICTSBusiness before family? Or family before business? The focus here is on the dynamics and influence of the family on the business. read more
DIGITALISATION & TECHNOLOGY
DIGITALISATION & TECHNOLOGYNew technologies play a key role. How do family businesses position themselves to succeed in the age of digitalisation? read more
LONGEVITYIn this topic, the focus is on transgenerational aspects and the part they play in the longevity of family businesses. We look at the mechanisms planned and used to create a sustainable business. read more
WEALTH PSYCHOLOGYThe WIFU research area for wealth psychology and transgenerational wealth management focuses on the essential aspects of transgenerational wealth management in family businesses. read more
Family strategy encompasses all of the activities undertaken by a business family with the aim of professionalising themselves vis-à-vis the family business. This encompasses the values, regulations and definitions that apply within a business family and that are usually written down in a constitution. Working on a family strategy is one of the most fruitful yet challenging activities a business family can undertake.
Professor Dr Tom A. Rüsen, CEO WIFU Foundation/Managing Director WIFU
Business families are subject to special dynamics, tensions and challenges. These can only be understood from a combination of the viewpoints of sociology, social psychology and ethnology, and these must in turn take into account the broader social context.
Professor Dr Heiko Kleve, holder of the WIFU Foundation’s Chair of Organisation and Development of Business Families
Families and companies follow very different sets of logic as social systems. Problems and conflicts are the norm and should be expected. The actual academic challenge is to explain how many families manage to deal well with unavoidable differences and irreconcilabilities. It is this which must be learned: how can a family and company not only get along well, but also provide resources for one another which benefit both sides?
Professor Dr Arist von Schlippe, holder of the WIFU Foundation’s Chair of Leadership and Dynamics in Family Businesses
Legally relevant decisions have to be made and normative frameworks complied with in every business. The intertwining of family interests with corporate motives is specific to family businesses. Understanding this phenomenon from a jurisprudence point of view is a key focus of the law of family businesses across all of its topics.
Professor Dr Christoph Schreiber, holder of the WIFU Foundation’s Chair of Family Business Law