Our Latest Articles

March 11, 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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The Next Generation Can Help the Family Firm Innovate
by Richard Schulze and Ritch Sorenson / Commentary

Best Buy Founder Richard Shulze and Ritch Sorenson of the University of St. Thomas explore the opportunities that come with a changing of the guard. Read more...

Single Family Offices as Owners: Long-Term Investors or Financial Optimizers?
by Joern Block, Reza Fathollahi, and Onur Eroglu / Research Insight

The capital structure of a firm determines its financial viability and creditworthiness. Families should understand how ownership influences this structure. Read more...

Family Business Stories Build a Legacy For the Next Generation
by Kimberly Eddleston / Interviews

Books, websites, videos and blogs can capture a family business's saga, with all its challenges and triumphs, and shape a powerful legacy. Read more...

Family Business Budget Planning: 7 Things to Consider
by Joseph Astrachan / Practice Insight

Family firms -- indeed, any entrepreneur-led business -- should put aside the self-interest of different departments, and focus first on these critical factors. Read more...

Trending
How Family Dynamics Shape Family Businesses
by Joseph Astrachan and Claudia Binz Astrachan
Family Business Succession: Your Questions Answered
by Kimberly Eddleston and Mat Hughes
Managing Emotional Minefields Within Family Businesses
by Dr. Ayoosha Saleem, Francesco Barbera, Simon de Jong, and Arvid Hoffmann
Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

Popular
Family Firms May Need More Legal Advice Than They Think
by Kajsa Haag, Hanna Almlöf, Marina Madsen, and Mette Neville
Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation