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July 14, 2025 - Issue #146

CEOs Who've Been Mentored Achieve Better Financial Results CEOs Who've Been Mentored Achieve Better Financial Results Family firms where the departing CEO has mentored the successor enjoyed stronger return on assets. 
Remembering and Learning from FedEx Founder Fred Smith Remembering and Learning from FedEx Founder Fred Smith Smith died June 21, but the 11 management practices he encouraged at FedEx provide timeless wisdom for all kinds of businesses.
Family Leaders: Can Your Business Still Sail Without You? Family Leaders: Can Your Business Still Sail Without You? Without a map for navigating emergencies and guiding successors after your departure, your business and your legacy could be left adrift.
Don't Just Scale: Evolve Don't Just Scale: Evolve How Entrepreneurs Can Lead Through Growth, Complexity, and Change.
Learning to Let Go of a Startup Learning to Let Go of a Startup Handing off a family business to the next generation can be difficult, but it doesn’t have to be.
Empowering the Next Generation
5 Practical Tips for Making Business Decisions With Family Members 5 Practical Tips for Making Business Decisions With Family Members Running a family business doesn’t mean always seeing eye to eye, but you can still overcome challenges, resolve conflicts, and evolve as a team.
AI Adoption in Family Business: Balancing Trust and Tech AI Adoption in Family Business: Balancing Trust and Tech Using AI can be risky in settings where confidentiality is key, but it can be indispensable in developing innovative services that clients expect. Here's how to harness it safely. 
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Unready and Unadvised: The Silent Crisis in Family Wealth Transfer
by Srbuhi Avetisyan / Practice Insight

A study of 13,500 family firms shows that nearly half of heirs don’t know where the assets are -- and 3 in 5 wouldn’t know what to do if the founder died suddenly. Read more...

A Family Council Can Help Larger Families Stay Connected
by Kimberly Eddleston / Interviews

Consider one if your family business has 15 or more relatives involved, or multiple generations. Read more...

When Family Businesses Should Think Like Private Equity Firms
by Nadine Kammerlander and David Hoeflmayr / Applied and Practice

Adopting all or even some PE investor strategies can add value and enhance competitiveness, especially when a successor takes over or the company may be sold.  Read more...

Your Family’s Mental Model Might Be Fueling Its Conflicts
by Tom Rüsen and Monika Nadler / Practice Insight

Different ways of thinking shape how families make decisions, resolve tensions, and pass leadership across generations. Read more...

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Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

Popular
Turbulence Ahead: How Businesses Can Navigate Tariffs and Uncertainty
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How Family Businesses Survive Unexpected ‘Wild Cards’
by Wojciech Czakon, Monika Hajdas, and Joanna Radomska
Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation