Our Latest Articles

May 20, 2024 - Issue #117

Managing Emotional Minefields Within Family Businesses Managing Emotional Minefields Within Family Businesses We're all only human -- but preventing outbursts in front of customers and other non-family members preserves your reputation and relationships with stakeholders.
Why Prominent Business Families Dive Into Politics Why Prominent Business Families Dive Into Politics A Chilean study found that the reasons go beyond protecting the family’s assets and economic interests.
A Secret to Success: Family Business Centers A Secret to Success: Family Business Centers While family members running a business together often lean on one another for advice, they can often learn best from people running other family businesses.
Attitudes Towards Money Can Cloud Family Business Decisions Attitudes Towards Money Can Cloud Family Business Decisions A family’s orientation towards money and wealth can harm the business and sell future generations short.
Mat Hughes All in the Family for New Ford CFO Mat Hughes

New Ford CFO Sherry House is following her grandfather and other early family members into the company.

Navigating the Generation Gap
Twins Can Be a Family Business's Superpower Twins Can Be a Family Business's Superpower While forever being part of a duo can be challenging, twins can bring many strengths to their family business when they are aligned with each other.
How to Transform an Outdated Board How to Transform an Outdated Board Here's how leadership can convince board members to vote for change that may not be in their self-interest but that would be better for the business.
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Recent
Family Business Budget Planning: 7 Things to Consider
by Joseph Astrachan / Practice Insight

Family firms -- indeed, any entrepreneur-led business -- should put aside the self-interest of different departments, and focus first on these critical factors. Read more...

Daughter Continues Mom's Legacy of Helping Others
by Kimberly Eddleston / Interviews

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. Read more...

Self-Interest Can Skew Budgets at Family Businesses
by Joseph Astrachan / Practice Insight

Realistic budgets are powerful planning tools. But the motivations of owners, sales people, the production staff, and others can get in the way. Read more...

Dick Schulze Reflects on Our Growing Impact
by Catherine Buday / Interviews

The Best Buy founder, whose charitable foundation supports our site, reflects on our growing reach to family business leaders around the world. Read more...

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How Family Dynamics Shape Family Businesses
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Editorial offices located at St Thomas University

Editorial offices located at St Thomas University