Our Latest Articles

October 23, 2023 - Issue #100

Women Show Their Strengths When Family Businesses are in Trouble  Women Show Their Strengths When Family Businesses are in Trouble  Even in countries where men dominate, women proved to be innovators in times of crisis, a Honduras study showed.
Let's Talk About Money -- and Trauma Let's Talk About Money -- and Trauma Childhood shapes how heirs view the family firm and the wealth it has created. Older generations must start the conversations that confront the issues.
David Deeds

Editor's Pick

David Deeds

Simon Sinek: How great leaders inspire action

Simon Sinek presents a simple but very powerful idea: the power of "why," specifically the power of creating a purpose, a cause or a belief that motivates others. If you are leading a startup, group or team, creating a shared purpose is perhaps the most important outcome you can achieve. http://www.ted.com/talks/simon_sinek_how_great_leaders_inspire_action?language=en

TEDxPuget Sound Sep 2009

Growing Pains: Helping a Family Office to Evolve Growing Pains: Helping a Family Office to Evolve The Single Family Office should be a strategic partner that ensures future stability, but this family saw them as a piggybank.
10 Things That Help Family Businesses Preserve Their Legacy 10 Things That Help Family Businesses Preserve Their Legacy A longtime family business advisor, financier and entrepreneur shares what a legacy involves, and critical areas that must be addressed to keep it thriving.
How Families Can Run Their Businesses With Both Head and Heart How Families Can Run Their Businesses With Both Head and Heart In this audiocast, two family business experts discuss the passions and priorities of the family versus the need for clearheadedness and professionalism.
How the Right Mix of Employee Incentives Fosters Innovation How the Right Mix of Employee Incentives Fosters Innovation Whether your family business’s culture is traditional or modern, you can honor the past and still prepare for the future.
Generative AI Can Help Family Businesses Innovate and Grow Generative AI Can Help Family Businesses Innovate and Grow Technology can now take care of mundane tasks, and give people more time for satisfying, impactful work that requires creativity, emotional intelligence and empathy.
Build the Strong Family Bonds That Lead to Business Success Build the Strong Family Bonds That Lead to Business Success Being emotionally or geographically distant can undermine the family's ability to work together productively. A family business advisor shares tips for success.
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Recent
A Family Illness Can Infect the Business, Too
by Kristen Shanine, Kristen Madison, and Marilyn Whitman / Research Insight

Serious health problems can disrupt leadership, finances, customer relationships, and more. New research shows how family firms can prevent  illness from becoming a business crisis. Read more...

Why PE Firms Want to Buy Your Family Firm (and Change it)
by Sören Paleit, Frederik J. Riar, Marcel Hülsbeck, and Andreas Hack / Research Insight

Family businesses are often viewed as ripe for operational improvement, making them especially attractive to private equity investors seeking value creation. Read more...

Give Future Leaders Exposure to Critical Roles
by Kimberly Eddleston / Interviews

A job rotation program gives next-gens both hands-on experience and a working knowledge of different departments and important outside relationships. Read more...

New Family Business CEOs Must Claim the Seat, Not Just Inherit the Title
by Dr. Benjamin Ritter / Practice Insight

When a successor becomes CEO, the title may change overnight — but authority, identity and trust do not. Next-generation leaders must act like the CEO before they feel like one. Read more...

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Editorial offices located at St Thomas University

Editorial offices located at St Thomas University