Our Latest Articles

March 18, 2024 - Issue #112

How to Encourage Devotion Among Nonfamily Employees How to Encourage Devotion Among Nonfamily Employees Good things happen when employees identify with the firm, participate in decision-making and feel loyalty -- and certain combinations of the three are most effective.
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.
Why Do We Treat Strangers Better Than Family Members? Why Do We Treat Strangers Better Than Family Members? A family business consultant explores this question, and shares advice on managing conflict, setting boundaries, and cultivating more kindness within the family.
Family Firms May Need More Legal Advice Than They Think Family Firms May Need More Legal Advice Than They Think Families are often reluctant to anticipate and plan for the day when an unexpected transition might upend their business. The costs of inaction are high.
Cashless Businesses Make Change Cashless Businesses Make Change Laws to expand financial inclusion have many small-business owners rethinking a fundamental premise of their business plans.
Overcoming the Generation 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.
EIX, FamilyBusiness Will Surpass 23 Million Annual Page Views EIX, FamilyBusiness Will Surpass 23 Million Annual Page Views From just 20,000 views 11 years ago, the two sites have had explosive year-over-year growth.
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Recent
A Family Illness Can Infect the Business, Too
by Kristen Shanine, Kristen Madison, and Marilyn Whitman / Research Insight

Serious health problems can disrupt leadership, finances, customer relationships, and more. New research shows how family firms can prevent  illness from becoming a business crisis. Read more...

Why PE Firms Want to Buy Your Family Firm (and Change it)
by Sören Paleit, Frederik J. Riar, Marcel Hülsbeck, and Andreas Hack / Research Insight

Family businesses are often viewed as ripe for operational improvement, making them especially attractive to private equity investors seeking value creation. Read more...

Give Future Leaders Exposure to Critical Roles
by Kimberly Eddleston / Interviews

A job rotation program gives next-gens both hands-on experience and a working knowledge of different departments and important outside relationships. Read more...

New Family Business CEOs Must Claim the Seat, Not Just Inherit the Title
by Dr. Benjamin Ritter / Practice Insight

When a successor becomes CEO, the title may change overnight — but authority, identity and trust do not. Next-generation leaders must act like the CEO before they feel like one. Read more...

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

Editorial offices located at St Thomas University