Our Latest Articles

January 13, 2025 - Issue #133

Articles About Relationships, Succession Were Top Draws in 2024 Articles About Relationships, Succession Were Top Draws in 2024 Many readers wanted advice about handling toxic family relationships, managing succession, and preserving the family’s values over time.
Transferring Family Wealth to the Next Generation: What’s Fair? Transferring Family Wealth to the Next Generation: What’s Fair? Trillions of dollars are about to be handed down from baby boomers to younger generations. Family firms must consider how to transfer their ownership shares, and to whom.
Family History Can be Re-Framed to Encourage Harmony and Progress Family History Can be Re-Framed to Encourage Harmony and Progress The goals of the family and the business are often at odds. Family history can inspire bold and necessary steps that are still in harmony with the family’s image of itself. 
Include the Extended Family in Your Ownership Strategy Include the Extended Family in Your Ownership Strategy Your ownership strategy should consider that in future generations the family firm will likely have many more owners. Take a broader focus when you develop it.
Hiring Mom and Dad? Optimize Their Strengths and Manage Boundaries Hiring Mom and Dad? Optimize Their Strengths and Manage Boundaries Sharon Beck, owner of a Jovie Childcare franchise, shares her insights on the benefits and challenges of being your parents' boss.
Protect Your Family Business From Crime Protect Your Family Business From Crime In crime-prone regions, activities like selling in physical stores, regular trips to the bank, and talking openly about business growth can make business owners targets.
The HERO Model: How Family Enterprise Leaders Can Accelerate Change The HERO Model: How Family Enterprise Leaders Can Accelerate Change Hope, efficacy, resilience and optimism can make us better people and better leaders.  This article explores how we can cultivate it within ourselves.
How Boards Help Complex Family Firms Make Sound Decisions How Boards Help Complex Family Firms Make Sound Decisions Fiduciary boards keep family firms focused on the long term, rather than on short-term, tactical strategies. But many family firms resist having one, fearful of losing control of their enterprise.
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Recent
New Family Business CEOs Must Claim the Seat, Not Just Inherit the Title
by Dr. Benjamin Ritter / Practice Insight

When a successor becomes CEO, the title may change overnight — but authority, identity and trust do not. Next-generation leaders must act like the CEO before they feel like one. Read more...

What Family Businesses in Africa Can Teach Us About Women Leaders
by Jan-Philipp Ahrens, Maria Giuseppina Bruna, Cinzia COLAPINTO, and Salam SAMI / Research Insight

Large family firms in countries such as Ghana, Kenya, and Madagascar show that women’s leadership can thrive when families widen their view of succession. Read more...

When Keeping the Business in the Family No Longer Makes Sense
by Allan Sandham and Isabell Stamm / Research Insight

A study of German family businesses showed that as intra-family succession becomes more difficult, families are increasingly open to selling — and intermediaries are emerging to help match owners with outside buyers. Read more...

Why Family Business Founders Struggle to Step Back During Succession
by Paul Edelman / Practice Insight

Founder resistance is often more complicated than control. Empathy can help families understand what founders are trying to protect — and what their continued involvement may be preventing. Read more...

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Editorial offices located at St Thomas University

Editorial offices located at St Thomas University