Celebrating International Women's Day

March 08, 2024 - Issue #109

How Three Women Upheld Family Values and Thrived Despite Adversity How Three Women Upheld Family Values and Thrived Despite Adversity A family's enduring values, fully believed and truly lived, can be a compass in hard times and a competitive advantage.
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.
Women on Family Business Boards Shun Layoffs Women on Family Business Boards Shun Layoffs Research showed that women directors valued relationships with all stakeholders and had a long-term view that prioritized workforce security.
Daughter Continues Mom's Legacy of Helping Others Daughter Continues Mom's Legacy of Helping Others Blessings in a Backpack can inspire any family-run business or organization that hopes to continue the founder's spirit and mission in the next generation.
Women Encourage Candor at Family Businesses Women Encourage Candor at Family Businesses A conversation orientation in the family carries over to the business -- especially for women, who are increasingly becoming vocal heroes.
Against the Odds, Women Can Still be Powerful Innovators Against the Odds, Women Can Still be Powerful Innovators When women have an opportunity to work with other women, they are able to overcome cultural gender biases and be innovative together, even in repressive cultures.
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.
Are Women the Superheroes of Family Businesses?
With Women Directors, Strategy Disclosure Decreases Cost of Capital at Family Businesses With Women Directors, Strategy Disclosure Decreases Cost of Capital at Family Businesses Family firms face higher borrowing costs than non-family firms if they disclose strategic information, but having women on their boards helps them narrow the gap.
Why Women CEOs Offer Family Businesses an Entrepreneurial Advantage Why Women CEOs Offer Family Businesses an Entrepreneurial Advantage Family firms, unlike non-family firms, value a learning-based path to entrepreneurship, which plays to women’s strengths.
Be Yourself: Advice For Women in Professional Services Businesses Be Yourself: Advice For Women in Professional Services Businesses Women in finance and other businesses that sell advice can struggle in male-dominated cultures -- but they can flourish in their own businesses. These tips from financial advisors can help.
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Will Your Family Brand Survive New Leadership?
by Meghan Lynch / Practice Insight

As trillions in family-owned companies shift to next-generation leaders, one critical asset is being ignored: the brand. Here’s why brand value—often nearly 20% of enterprise worth—erodes during succession and how families can protect it. Read more...

From 'Passing Down' to 'Building Up': Rethinking Values in Family Firms
by Viktoria Luft, Anne Katarina Heider, Heinrich Liechtenstein, and Tarek el Sehity / Research Insight

Rather than inherited like family heirlooms, values are shaped and re-shaped by interactions between the generations at the family firm.  Read more...

Your Investment Strategy Should Reflect Your Family Values and Goals
by Claudia Binz Astrachan, Anneleen Michiels, Massimo Baù, and Chris Graves / Practice Insight

A family investment policy defines how a family manages its collective financial assets in alignment with its shared values, goals, and risk preferences. Read more...

Families Can Overcome Generational Conflicts Over Technology
by Maria Annosi, Mat Hughes, Davide de Gennaro, Roberta Oppedisano, and Filomena Buonocore / Research Insight

A study of Italian firms shows how differences can be resolved, so the company can honor tradition and still make progress. Read more...

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Things to Consider When Transferring Family Business Ownership
by Susan Lanz, Gary Burke, Kajsa Haag, and Omid Omidvar
Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

Popular
How Family Dynamics Shape Family Businesses
by Joseph Astrachan and Claudia Binz Astrachan
Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation