Our Latest Articles
//October 25, 2020 - Issue #15
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. 
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 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 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.
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 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 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 This fascinating article in Tharawat magazine explores the role of storytelling, especially about family business founders and their resilience in the face of adversity.
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...
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...
Families often struggle to decide whether shares should be divided equally among children or reflect leadership, sacrifice, and “sweat equity.” Read more...
Family businesses often rely on loyalty, long-term thinking and strong relationships. But research shows those same strengths can backfire when crisis hits. Read more...
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Supported by the Richard M Schulze Family Foundation