Celebrating International Women's Day
//March 08, 2024 - Issue #109
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.
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.
Editor's Pick
Sherri Noxel
One Tough Mother
One Tough Mother is not an academic text but an inspirational autobiography from the late Gert Boyle. It is the story of her inheriting her father’s sporting goods business and the unexpected death of her husband when she was 46. Gert rebuilt the company that is now one of the finest examples of G3 family enterprise ownership of a publicly traded global company.
"One Tough Mother: Taking Charge in Life, Business and Apple Pies” by Gert Boyle, G2 CEO of Columbia Sportswear.
Family Members Can be Valuable Mentors Entrepreneur, philanthropist and author Simran Mohinani has great role models among her family members. She talks about balancing the family and mentor relationships and offers advice for future family business leaders and women.
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 Even in countries where men dominate, women proved to be innovators in times of crisis, a Honduras study showed.
The New Family Business Powerhouses: Wives and Moms No longer passive wives and mothers, women are complementary and assertive partners to their spouses and respected leaders within their families.
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.
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.
Becoming the Boss: Advice for Women in Family Businesses More women are taking over their family business from a man, but they're still seen as the wife, daughter, sister or niece rather than the boss.
Next-gen leaders often have a clearer view of how the family business must change. The challenge is to preserve the culture and values while making change happen. Read more...
Business families have many ways to combine financial returns with philanthropy. The choice depends on their values, long-term goals and other factors. Read more...
The successor's readiness for the top role, and the firm's age and experience with previous successions, are main factors to consider. Read more...
Across a range of disciplines, researchers have sought to identify the “bad behavior” of family firms as well as its causes and effects. Such topics include family conflict, sibling rivalry, Read more...
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Supported by the Richard M Schulze Family Foundation