Our Latest Articles

October 25, 2020 - Issue #15

Research Reveals How Business Families Have Coped With COVID-19 Research Reveals How Business Families Have Coped With COVID-19 Researchers surveyed more than 1,000 family businesses around the world to see how they're handling the pandemic. Here is what they learned.
Whitney Peake

Editor's Pick

Whitney Peake

Staying Strong During a Crisis

In this podcast, Jonathan Flack, CPA, the U.S. family business services leader at PwC, talks about how family businesses are weathering the pandemic's economic crisis, and the unique strengths that are helping them survive. He also shares advice for family business leaders about communicating with staff and stakeholders. https://www.journalofaccountancy.com/podcast/how-family-businesses-can-stay-resilient-during-coronavirus.html

Journal of Accountancy, April 30, 2020

Women: Regain Your Professional Footing Women: Regain Your Professional Footing Covid-19 has upended the traditional balance of work and family, which was never easy to begin with. In this article, Elizabeth Bagnall and Susan Laverick of Beaufort Group Consulting show how to reclaim personal boundaries and move forward.
Family Members Can be Valuable Mentors Family Members Can be Valuable Mentors Entrepreneur, philanthropist and author Simran Mohinani has great role models among her family members. She talks about balancing the family and mentor relationships and offers advice for future family business leaders and women.
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A Crisis Playbook for Family Businesses A Crisis Playbook for Family Businesses

As the numbers of coronavirus cases rise in many places, this HBR article from late April is as important now as it was back then.

The Resilient Family Enterprise The Resilient Family Enterprise

This first article in a new series by Deloitte looks at how COVID-19 brings new focus to family business issues like succession planning and values.

Podcast Focuses on Crisis Management Podcast Focuses on Crisis Management

Check out my discussion with Professor Torsten Pieper of the University of North Carolina at Charlotte about his research into how family businesses are responding to the Covid-19 pandemic.

The Hero Myth in Family Businesses The Hero Myth in Family Businesses

This fascinating article in Tharawat magazine explores the role of storytelling, especially about family business founders and their resilience in the face of adversity.

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When Is a Family Business Leader Too Old?
by Salvatore Sciascia / Commentary

Recent events in the US Presidential race have focused many on the question: When is someone too old to lead? Here's how family firms can think things through. Read more...

A False Sense of Urgency Helps Neither Family Nor Business
by Joseph Astrachan and Claudia Binz Astrachan / Practice Insight

Rushed decisions tend to lead to bad outcomes. So does avoiding decisions because we’re afraid of conflict. This framework helps businesses think realistically about decision urgency. Read more...

The Next Generation Can Help the Family Firm Innovate
by Richard Schulze and Ritch Sorenson / Commentary

Best Buy Founder Richard Shulze and Ritch Sorenson of the University of St. Thomas explore the opportunities that come with a changing of the guard. Read more...

How Founders Can Stay Relevant When the Next Gen Takes Over
by Kimberly Eddleston / Interviews

A family business advisor says a change in leadership is like passing the baton in a relay race. Don't let go too abruptly. Read more...

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Family Business Succession: Your Questions Answered
by Kimberly Eddleston and Mat Hughes
Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

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Family Firms May Need More Legal Advice Than They Think
by Kajsa Haag, Hanna Almlöf, Marina Madsen, and Mette Neville
Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation