Our Latest Articles

November 11, 2024 - Issue #130

Family History Can Be Repurposed to Serve Today's Challenges Family History Can Be Repurposed to Serve Today's Challenges The stories that families tell about their past matter.  Here are some ways that families can begin to use the past to serve their present-day goals.
How Family Firms Can Identify and Preserve Their Legacy How Family Firms Can Identify and Preserve Their Legacy Many family firms are not fully sure of their legacy and how to communicate it to others. Research suggests ways to get a better handle on it.
Separate Family Offices Can Minimize Money Problems Separate Family Offices Can Minimize Money Problems It can be dangerous to ask executive assistants or your CFO to manage your personal finances. A separate staff of calm professionals will help both business and family manage money responsibly.
'Yellowstone' Mirrors Real-Life Family Business Dramas 'Yellowstone' Mirrors Real-Life Family Business Dramas Like many family business leaders, John Dutton struggles to uphold longstanding traditions while external competitive pressures mount and next-gens clamor for change.
Family Firms Must Address Mental Health Challenges Family Firms Must Address Mental Health Challenges Anxiety, depression, and other challenges disrupt business operations and strain relationships. Ignoring them won’t make them go away.
How to Boost Your Board's Performance How to Boost Your Board's Performance On an ideal board, directors with different levels of experience, backgrounds, and interests form a cohesive team that pulls in the same direction, and that achieves more together than
Mat Hughes 'Yellowstone's' Dutton Needs a Mentor Mat Hughes

John Dutton, the patriarch of "Yellowstone," clings to his ranch's very profitable land while his business is failing. Advice from other ranchers could save him.

How to Innovate With Less
Women Encourage Candor at Family Businesses Women Encourage Candor at Family Businesses A conversation orientation in the family carries over to the business -- especially for women, who are increasingly becoming vocal heroes.
Involve Next-Gens in Developing Your Social Media Policy Involve Next-Gens in Developing Your Social Media Policy Consider a social media policy as a relatively “low-hanging fruit” to introduce the next generation to family governance work.
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.
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Governments Must Encourage Family Enterprise Growth
by R. Adam Smith / Commentary

Governments must recognize family firms' extensive impact on local, national, and even international communities, and have policies that support their continuity. Read more...

How Do Owners of Family Business Portfolios Restructure Poorly Performing Firms?
by Marina Palm, Vanessa Diaz Moriana, and Nadine Kammerlander / Research Insight

Families can get emotionally attached to laggards in their portfolios and avoid taking tough but necessary action, putting the entire enterprise in peril. Read more...

Academy of Management Honors FamilyBusiness.org Editor Kimberly Eddleston
by Catherine Buday / Commentary

The award recognizes her role in launching and growing the world's leading website for supporting and educating family businesses. Read more...

With Women Directors, Strategy Disclosure Decreases Cost of Capital at Family Businesses
by Rafaela Gjergji, Luigi Vena, Giovanna Campopiano, Salvatore Sciascia, and Alessandro Cortesi / Research Insight

Family firms face higher borrowing costs than non-family firms if they disclose strategic information, but having women on their boards helps them narrow the gap. Read more...

Trending
How Family Dynamics Shape Family Businesses
by Joseph Astrachan and Claudia Binz Astrachan
Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

Popular
Helping Next-Gens Envision Their Family Firm’s Future Success
by Nadine Kammerlander and Friedrich Kammerlander
Family Business Succession Planning: 10 Golden Rules
by Tom Rüsen, Torsten Groth, and Arist von Schlippe
Developing responsible owners in family business
by Torsten Pieper and Joseph Astrachan
Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation