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Helping Family Businesses succeed.
Strategic Practices
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Strategy is the backbone of any successful business.

Family businesses were founded with not only an idea – but also a strategy to make the idea work. And while many family business leaders, particularly those in smaller business settings, run the day-to-day operations of the business, they must also be intimately involved with the creation of strategy. This strategy must encompass competition, initiatives, investing, processes, human resources and so much more. In the end, a strategic family business is a successful family business.

In this section, we discuss the various ways your family business can operate more strategically, from planning and process development to investing and training.

Strategic Planning

In this section, we provide articles that guide the family business in strategic plan development and continual strategic thinking. 

Investing

This section sheds light on just a few of the ways your family business can invest its excess cash to create opportunities for growth. 

Process Improvement

Here, we provide ideas on how you can create efficiencies by improving processes in every aspect of your family business. 

Kellogg School of Management

Visit the Center for Family Enterprise, which focuses on teaching, research and case writing about family business strategy, family business governance, family business succession, entrepreneurship in the family business, family foundations, family offices and family business culture.

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