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
Can a Family Stay a Business Family After Selling the Business?
by Clemens Krüger, Christian-Titus Klaiber, and Reinhard Prügl / Research Insight

A study of German family firms shows that regular, meaningful contact between the family office and the family can preserve shared purpose after an exit. Read more...

Strong Family Businesses Think Short Term and Long Term at the Same Time
by Vanessa Diaz Moriana, Eric Clinton, Catherine Faherty, and Colm O'Gorman / Research Insight

In a crisis, family firms cannot afford to focus only on immediate survival or future legacy. The most resilient ones do both, drawing on past lessons, trusted relationships, and long-standing networks. Read more...

Helping Daughters Become Successful Family Business Leaders
by Simon Caspary and Tom Rüsen / Applied and Practice

Daughters can become strong and credible successors when families involve them early, clarify authority, support professional development, and make room for new models of leadership. Read more...

The Hidden Fault Lines That Threaten Family Enterprises
by Matthew Crudgington and Peter Vogel / Practice Insight

From death and divorce to disruption and disrepute: these 12 hidden risks can weaken family enterprises over time. Read more...

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How Family Dynamics Shape Family Businesses
by Joseph Astrachan and Claudia Binz Astrachan
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