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July 14, 2025 - Issue #146

CEOs Who've Been Mentored Achieve Better Financial Results CEOs Who've Been Mentored Achieve Better Financial Results Family firms where the departing CEO has mentored the successor enjoyed stronger return on assets. 
Remembering and Learning from FedEx Founder Fred Smith Remembering and Learning from FedEx Founder Fred Smith Smith died June 21, but the 11 management practices he encouraged at FedEx provide timeless wisdom for all kinds of businesses.
Family Leaders: Can Your Business Still Sail Without You? Family Leaders: Can Your Business Still Sail Without You? Without a map for navigating emergencies and guiding successors after your departure, your business and your legacy could be left adrift.
Don't Just Scale: Evolve Don't Just Scale: Evolve How Entrepreneurs Can Lead Through Growth, Complexity, and Change.
Learning to Let Go of a Startup Learning to Let Go of a Startup Handing off a family business to the next generation can be difficult, but it doesn’t have to be.
Empowering the Next Generation
5 Practical Tips for Making Business Decisions With Family Members 5 Practical Tips for Making Business Decisions With Family Members Running a family business doesn’t mean always seeing eye to eye, but you can still overcome challenges, resolve conflicts, and evolve as a team.
AI Adoption in Family Business: Balancing Trust and Tech AI Adoption in Family Business: Balancing Trust and Tech Using AI can be risky in settings where confidentiality is key, but it can be indispensable in developing innovative services that clients expect. Here's how to harness it safely. 
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From 'Passing Down' to 'Building Up': Rethinking Values in Family Firms
by Viktoria Luft, Anne Katarina Heider, Heinrich Liechtenstein, and Tarek el Sehity / Research Insight

Rather than inherited like family heirlooms, values are shaped and re-shaped by interactions between the generations at the family firm.  Read more...

Your Investment Strategy Should Reflect Your Family Values and Goals
by Claudia Binz Astrachan, Anneleen Michiels, Massimo Baù, and Chris Graves / Practice Insight

A family investment policy defines how a family manages its collective financial assets in alignment with its shared values, goals, and risk preferences. Read more...

Families Can Overcome Generational Conflicts Over Technology
by Maria Annosi, Mat Hughes, Davide de Gennaro, Roberta Oppedisano, and Filomena Buonocore / Research Insight

A study of Italian firms shows how differences can be resolved, so the company can honor tradition and still make progress. Read more...

Ready to Lead: Building Confidence Across Generations
by Paul Edelman / Applied and Practice

When families treat readiness as something they cultivate together, the handoff feels less like a loss and more like a natural next step. Read more...

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Things to Consider When Transferring Family Business Ownership
by Susan Lanz, Gary Burke, Kajsa Haag, and Omid Omidvar
Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

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How Family Dynamics Shape Family Businesses
by Joseph Astrachan and Claudia Binz Astrachan
Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation