Our Latest Articles

July 15, 2024 - Issue #122

Single Family Offices as Owners: Long-Term Investors or Financial Optimizers? Single Family Offices as Owners: Long-Term Investors or Financial Optimizers? The capital structure of a firm determines its financial viability and creditworthiness. Families should understand how ownership influences this structure.
How Founders Can Stay Relevant When the Next Gen Takes Over How Founders Can Stay Relevant When the Next Gen Takes Over A family business advisor says a change in leadership is like passing the baton in a relay race. Don't let go too abruptly.
Family Business Stories Build a Legacy For the Next Generation Family Business Stories Build a Legacy For the Next Generation Books, websites, videos and blogs can capture a family business's saga, with all its challenges and triumphs, and shape a powerful legacy.
Persuasive Communication for Crucial Conversations Persuasive Communication for Crucial Conversations Here's a free, downloadable book about achieving win/win communication. It's also available as a teaching exercise.
12 Strategies to Get Customers to Buy Your Product 12 Strategies to Get Customers to Buy Your Product Playing up your product's features isn't enough. What matters most: the benefits these features provide to resolve your customer's issues.
Parental Divorce Affects Future Entrepreneurial Success Parental Divorce Affects Future Entrepreneurial Success While divorce can build the resilience that entrepreneurs need, it had the worst lingering effect on children from well-educated families.
Self-Interest Can Skew Budgets at Family Businesses Self-Interest Can Skew Budgets at Family Businesses Realistic budgets are powerful planning tools. But the motivations of owners, sales people, the production staff, and others can get in the way.
Daughter Continues Mom's Legacy of Helping Others Daughter Continues Mom's Legacy of Helping Others 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.
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How Families Can Re-Engage Reluctant Successors Without Pressure
by John Cater, Roland Kidwell, Megan Harper, and Marilyn Young / Research Insight

Successors recommit when roles align with their values, skills, and life stage—and when family dynamics allow earlier experiences to be reinterpreted. Read more...

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 build 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...

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Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

Popular
From 'Passing Down' to 'Building Up': Rethinking Values in Family Firms
by Viktoria Luft, Anne Katarina Heider, Heinrich Liechtenstein, and Tarek el Sehity
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