Celebrating the Family
//December 09, 2024 - Issue #132
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/0786719141Trillions 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...
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...
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...
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...
Editorial offices located at St Thomas University
Supported by the Richard M Schulze Family Foundation