Our Latest Articles

February 19, 2024 - Issue #108

Better Let Your Brother Do It:  Men Are Still Preferred in CEO Successions Better Let Your Brother Do It: Men Are Still Preferred in CEO Successions At 800 German firms, 81% chose sons over daughters in succession decisions -- and the presence of first-born sons also made them exclude outside candidates.
How to Defuse and Recover From Family Business Conflict How to Defuse and Recover From Family Business Conflict A clinical psychologist and family business advisor shares tips for cutting through emotions and focusing on conflict rationally and productively.
Perceptions of Family Firms Vary by Country: Why This Matters Perceptions of Family Firms Vary by Country: Why This Matters Firms that signal they are family-run are usually seen as better quality and enjoy higher levels of trust, except in places like India where they're everywhere.
Helping Next-Gens Envision Their Family Firm’s Future Success Helping Next-Gens Envision Their Family Firm’s Future Success This classroom exercise seeks to motivate future family firm leaders to think ahead and design a holistic vision of their family firm in 10-15 years, covering many different (and potentially conflicting) aspects of it.
Mat Hughes Studying Family Businesses and ESG Mat Hughes

The Family Business Research Foundation is looking for UK family firms that have embraced ESG (environmental, social and governance) for a study that aims to share best practices.

Advice for New Family Business Leaders
Unforeseen Crisis Made These Family Businesses Stronger Unforeseen Crisis Made These Family Businesses Stronger The COVID-19 pandemic forced six German family firms to reckon with their identities, positioning and strategies -- and transform themselves for the better.
Innovating Without Hallucinating: Making AI Your Partner in Creativity Innovating Without Hallucinating: Making AI Your Partner in Creativity Generative AI can help you size up an opportunity, but you still need to control it to prevent flights of fancy and separate the doable from the unrealistic.
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Recent
Family Business Patriarchs and Matriarchs: When Is It Time to Move On?
by Kimberly Eddleston / Interviews

The business may run smoothly; the heirs may be competent -- but is the older generation emotionally ready? An advisor weighs in. Read more...

Punishment, Reward, Control: How Money Shows Up in the Business Family
by Claudia Binz Astrachan and Anneleen Michiels / Applied and Practice

Talking about money can be taboo, but deeply engrained attitudes towards it can stir complex emotions, setting the stage for conflict and dysfunction. Read more...

An Innovation Challenge Can Help Employees Feel More Connected
by Kimberly Eddleston / Interviews

A Minneapolis-based firm challenged employee teams to design and build something that would help people in their local community. Read more...

Master Three Perilous Stages of Family Business Transition
by Ryan Renteria / Applied and Practice

Avoiding these minefields before, during, and after succession will help both your business and your relationships. Leave your own thoughts here!   Read more...

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Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

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Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation