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
Merging With Another Family Firm is Safer and Smarter
by Francesco Chirico, Robert E Hoskisson, Seemantini Pathak, and Massimo Baù / Research Insight

Family business mergers enjoy greater harmony and better financial performance than mergers involving non-family firms. Read more...

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...

AI Adoption in Family Business: Balancing Trust and Tech
by Doug Gray, PhD / Practice Insight

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.  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...

Trending
Consumers Love Local Brands. That's Good News For Family Businesses
by Philipp Jaufenthaler, Andreas Kallmuenzer, Sascha Kraus, and Alfredo De Massis
How Family Dynamics Shape Family Businesses
by Joseph Astrachan and Claudia Binz Astrachan
Why Don't You Educate Your Owners?
by Tom Rüsen, Claudia Binz Astrachan, and Ruth Orenstrat
Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

Popular
Business Families Must Get Real About Growth and Payouts
by Joseph Astrachan and George Manners
Turbulence Ahead: How Businesses Can Navigate Tariffs and Uncertainty
by Joseph Astrachan and Claudia Binz Astrachan
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