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How to Transform an Outdated Board How to Transform an Outdated Board Here's how leadership can convince board members to vote for change that may not be in their self-interest but that would be better for the business.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
Define Your Legacy, and Strengthen Your Business and Your Impact
by Matthew Fox, Kimberly Wade-Benzoni, and Jeffrey Covin / Research Insight

Unless you clearly define what you want your legacy to be, your successors will interpret it in their own way -- and it might not be what you intended.  Read more...

The World is Changing Faster Than Your Strategy
by Torsten Pieper, Claudia Binz Astrachan, Francesco Chirico, and Annika Ehlers / Research Insight

Families that learn to use their cohesion, trust, and long-term orientation as strengths can implement strategies more effectively than their non-family peers, especially in times of uncertainty. Read more...

Listening to the Family: The Strategic Value of Surveys
by Claudia Binz Astrachan / Practice Insight

Surveys can reveal differing perspectives, surface hidden tensions, and – when done well – build trust, and serve as an educational opportunity.  Read more...

Planning Succession? These 10 Decisions Are Critical
by David Deeds / Applied and Practice

Succession is not a single choice -- It is a chain of choices that interlock and compound. Avoiding any one of them will create friction or ambiguity. Read more...

Trending
Things to Consider When Transferring Family Business Ownership
by Susan Lanz, Gary Burke, Kajsa Haag, and Omid Omidvar
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
Consumers Love Local Brands. That's Good News For Family Businesses
by Philipp Jaufenthaler, Andreas Kallmuenzer, Sascha Kraus, and Alfredo De Massis
Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation