Our latest articles

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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Can a Family Business Consultant Really Help? Nine Experts Explain What Families Often Miss
by Holly Eddleston and Kimberly Eddleston / Practice Insight

Family business consultants often create their greatest value in unexpected ways: helping families uncover the real reasons they're stuck, have difficult conversations, and make better decisions. Read more...

Build a Family Governance Talent Pipeline Before You Need One
by Claudia Binz Astrachan / Applied and Practice

Don’t wait for a vacancy. Prepare family members now — through education, mentoring, clear expectations, and hands-on experience — to serve on boards, family councils, and committees. Read more...

'Family-Owned' or 'Family-Run'? The Words You Use Can Affect Customer Trust
by Sabrina Finkbeiner, Jan-Philipp Ahrens, Christoph Burmann, and Michael Schade / Research Insight

Family businesses often promote their ownership and heritage to build trust. Research suggests that “family-run” may send a stronger message than “family-owned” — and that adding more heritage claims can sometimes backfire. Read more...

Founder Succession: Six Lessons From 15 CEOs Who Actually Lived It
by Micheal Parkhurst / Applied and Practice

What happens after the founder steps aside? Interviews with successor CEOs reveal the emotional, organizational, and family dynamics that determine whether leadership transitions succeed—or stall. Read more...

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Editorial offices located at St Thomas University

Editorial offices located at St Thomas University