Celebrating the Family

December 09, 2024 - Issue #132

How Three Women Upheld Family Values and Thrived Despite Adversity How Three Women Upheld Family Values and Thrived Despite Adversity A family's enduring values, fully believed and truly lived, can be a compass in hard times and a competitive advantage.
How Family Firms Help Non-Family Employees Feel Like Family How Family Firms Help Non-Family Employees Feel Like Family Adopt programs that demonstrate commitment to stakeholders outside the family, and put non-family managers in charge of them.
Sherri Noxel

Editor's Pick

Sherri Noxel

One Tough Mother

One Tough Mother is not an academic text but an inspirational autobiography from the late Gert Boyle. It is the story of her inheriting her father’s sporting goods business and the unexpected death of her husband when she was 46. Gert rebuilt the company that is now one of the finest examples of G3 family enterprise ownership of a publicly traded global company.

https://www.amazon.com/One-Tough-Mother-Taking-Business/dp/0786719141
Consumers Love Local Brands. That's Good News For Family Businesses Consumers Love Local Brands. That's Good News For Family Businesses Being a family firm enhances a brand's local appeal and influences consumer purchasing behaviors.
'Big Family:' Relatives Outside the Family Business Can Help It Thrive 'Big Family:' Relatives Outside the Family Business Can Help It Thrive Too often, family businesses are caught up in their own small circle of relationships. Expanding that circle provides fresh perspectives and helps them thrive.
Strategies for Keeping Your Family Connected Strategies for Keeping Your Family Connected We continue our discussion with Mitzi Perdue, widow of Frank and daughter of a Sheraton Hotels founder, who shares what she's learned about family unity.
How Family Dynamics Shape Family Businesses How Family Dynamics Shape Family Businesses Want your family business to run more smoothly? Examine your own relationships with parents, siblings and other relatives -- and talk to one another often.
A Family's Enduring Connection
The Making of Successful Female Family-Enterprise Leaders The Making of Successful Female Family-Enterprise Leaders Our discussions with 46 women from family firms around the world yielded insights about their challenges, their strengths and their influences -- including grandmothers.
Do Family Meals Fuel Entrepreneurship in Family Businesses? Do Family Meals Fuel Entrepreneurship in Family Businesses? Families with diverse education and industry experience fuel the fire of entrepreneurship when they dine together frequently. 
Keeping it in the Family Keeping it in the Family Experienced mentors weigh in on how to keep the peace while working with your relatives.
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Recent
Transferring Family Wealth to the Next Generation: What’s Fair?
by Martin Kemp and Susan Lanz / Practice Insight

Trillions of dollars are about to be handed down from baby boomers to younger generations. Family firms must consider how to transfer their ownership shares, and to whom. Read more...

Family History Can be Re-Framed to Encourage Harmony and Progress
by Lara Pecis, Bingbing Ge, and Florian Bauer / Research Insight

The goals of the family and the business are often at odds. Family history can inspire bold and necessary steps that are still in harmony with the family’s image of itself.   A family sitting Read more...

Include the Extended Family in Your Ownership Strategy
by Claudia Binz Astrachan and Tom Rüsen / Practice Insight

Your ownership strategy should consider that in future generations the family firm will likely have many more owners. Take a broader focus when you develop it. Read more...

How Boards Help Complex Family Firms Make Sound Decisions
by Kimberly Eddleston / Interviews

Fiduciary boards keep family firms focused on the long term, rather than on short-term, tactical strategies.  But many family firms resist having one, fearful of losing control of their enterprise. Read more...

Trending
Why Families and Their Firms Behave Badly
by Roland Kidwell, Kimberly Eddleston, Linda Kidwell, John Cater, and Ellison Howard
Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

Popular
Family History Can Be Repurposed to Serve Today's Challenges
by Christina Lubinski and William Gartner
How to Pitch Your Startup to Attract Money
by Jonathan Littman and Susanna Camp
Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation