Our Latest Articles
//November 11, 2024 - Issue #130
Family History Can Be Repurposed to Serve Today's Challenges The stories that families tell about their past matter. Here are some ways that families can begin to use the past to serve their present-day goals.
How Family Firms Can Identify and Preserve Their Legacy Many family firms are not fully sure of their legacy and how to communicate it to others. Research suggests ways to get a better handle on it.
Separate Family Offices Can Minimize Money Problems It can be dangerous to ask executive assistants or your CFO to manage your personal finances. A separate staff of calm professionals will help both business and family manage money responsibly.
'Yellowstone' Mirrors Real-Life Family Business Dramas Like many family business leaders, John Dutton struggles to uphold longstanding traditions while external competitive pressures mount and next-gens clamor for change.
Family Firms Must Address Mental Health Challenges Anxiety, depression, and other challenges disrupt business operations and strain relationships. Ignoring them won’t make them go away.
How to Boost Your Board's Performance On an ideal board, directors with different levels of experience, backgrounds, and interests form a cohesive team that pulls in the same direction, and that achieves more together than 
'Yellowstone's' Dutton Needs a Mentor Mat Hughes John Dutton, the patriarch of "Yellowstone," clings to his ranch's very profitable land while his business is failing. Advice from other ranchers could save him.
Women Encourage Candor at Family Businesses A conversation orientation in the family carries over to the business -- especially for women, who are increasingly becoming vocal heroes.
Involve Next-Gens in Developing Your Social Media Policy Consider a social media policy as a relatively “low-hanging fruit” to introduce the next generation to family governance work.
Consumers Love Local Brands. That's Good News For Family Businesses Being a family firm enhances a brand's local appeal and influences consumer purchasing behaviors.
Successors recommit when roles align with their values, skills, and life stage—and when family dynamics allow earlier experiences to be reinterpreted. Read more...
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...
As family attitudes towards wealth, purpose, and legacy evolve, their offices are doing more than just managing wealth, a study shows. Read more...
A stewardship climate, where employees feel trusted and truly valued, mobilizes nonfamily employees to defend the family firm against reputational threats. Read more...
Editorial offices located at St Thomas University
Supported by the Richard M Schulze Family Foundation