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
What Japan's Oldest Businesses Can Teach Us About Longevity
by Peter Vogel / Commentary

Should longevity always be the goal? And if so, what exactly should endure—the operating company, a particular business model, or the family enterprise system itself? Read more...

When Family Business Reputation Helps—and When It Hurts
by Philipp Jaufenthaler, Roland Schroll, and Franz Kellermanns / Research Insight

Family firms often enjoy strong consumer goodwill, until they engage in deliberate misconduct -- when higher expectations can produce deeper disappointment and sharper backlash. Read more...

Why People Risk Belongs on Every Family Business Board Agenda
by Claudia Binz Astrachan and Lars B. Sonderegger / Practice Insight

Boards routinely scrutinize financial and strategic risk. But talent shortages, leadership culture problems, and succession gaps can erode long-term value just as quickly. Read more...

Before You Grow the Family Business, Know What Not to Break
by Meghan Lynch and Mat Hughes / Commentary

The challenge during succession is that not every inherited element deserves to be preserved. But not every piece of the legacy is safe to disrupt, either. Read more...

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When Family Businesses Should Think Like Private Equity Firms
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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