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How to Transform an Outdated Board How to Transform an Outdated Board Here's how leadership can convince board members to vote for change that may not be in their self-interest but that would be better for the business.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
When Is a Family Business Leader Too Old?
by Salvatore Sciascia / Commentary

Recent events in the US Presidential race have focused many on the question: When is someone too old to lead? Here's how family firms can think things through. Read more...

A False Sense of Urgency Helps Neither Family Nor Business
by Joseph Astrachan and Claudia Binz Astrachan / Practice Insight

Rushed decisions tend to lead to bad outcomes. So does avoiding decisions because we’re afraid of conflict. This framework helps businesses think realistically about decision urgency. Read more...

The Next Generation Can Help the Family Firm Innovate
by Richard Schulze and Ritch Sorenson / Commentary

Best Buy Founder Richard Shulze and Ritch Sorenson of the University of St. Thomas explore the opportunities that come with a changing of the guard. Read more...

How Founders Can Stay Relevant When the Next Gen Takes Over
by Kimberly Eddleston / Interviews

A family business advisor says a change in leadership is like passing the baton in a relay race. Don't let go too abruptly. Read more...

Trending
How Family Dynamics Shape Family Businesses
by Joseph Astrachan and Claudia Binz Astrachan
Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

Popular
Family Firms May Need More Legal Advice Than They Think
by Kajsa Haag, Hanna Almlöf, Marina Madsen, and Mette Neville
Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation