When blood can be thicker than water

Purpose This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies. Design/methodology/approach This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings Many family-run firms struggle to fully exploit their potential due to conflicts between family members and leaders from outside the family structure. Through concerted efforts to address various barriers, it becomes more possible to increase unity, reduce manager turnover and boost the longer-term strategic direction of the company. Originality/value The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.