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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How Families Shape Successor Motivation—and the Firm’s Long-Term Direction
by Alexandra Dawson / Research Insight

Family firms don’t have goals—people do. The rise and fall of Italy's Florio dynasty shows how successor motivation shapes the balance between growth, legacy, and community—and how families can buildl more durable, values-led leadership. Read more...

Family Offices Are Expanding Their Role
by Peter Vogel / Applied and Practice

As family attitudes towards wealth, purpose, and legacy evolve, their offices are doing more than just managing wealth, a study shows. Read more...

Will Your Nonfamily Employees Defend Your Business? 
by Sarah Burrows, Craig Crossley, Catherine Faherty, and Jim Combs / Research Insight

A stewardship climate, where employees feel trusted and truly valued, mobilizes nonfamily employees to defend the family firm against reputational threats.   Read more...

You're Adding a Board of Directors. Is Your Management Team Ready?
by Rostyslav Vovk / Commentary

A Ukraine-based family business installed a board to provide structure as it scaled globally. Here's how the owners overcame top managers' fears and won their support. Read more...

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From 'Passing Down' to 'Building Up': Rethinking Values in Family Firms
by Viktoria Luft, Anne Katarina Heider, Heinrich Liechtenstein, and Tarek el Sehity
Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

Popular
Things to Consider When Transferring Family Business Ownership
by Susan Lanz, Gary Burke, Kajsa Haag, and Omid Omidvar
Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation