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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Business Families Must Get Real About Growth and Payouts
by Joseph Astrachan and George Manners / Practice Insight

Sometimes the family grows much faster than the business, especially in saturated markets. This has deep implications for how we manage family and business expectations. Read more...

Tariffs, Turmoil, and Family Tiffs: Navigating the Current Chaos
by Joseph Astrachan and Claudia Binz Astrachan / Practice Insight

You can support your business through economic uncertainty and maintain unity and commitment.   Read more...

Your CEO Affects How Outsiders Perceive Your Brand
by Carlotta Benedetti, Paola Rovelli, Andrea Fronzetti Colladon, Alfredo De Massis, and Kurt Matzler / Research Insight

Family or non-family leader? Your choice depends on the age of the firm, and can ultimately affect how the media and outside stakeholders see you.  Read more...

ESG Essentials For Family Firms
by Mat Hughes, Qilin Hu, Boyka Simeonova, Bingbing Ge, Wunnam Basit ISSAH, Sarah Jack, Paul Hughes, Siqi Dai, and Martin Kemp / Applied and Practice

‘ESG is an existential issue. Businesses that don’t demonstrate their commitment to sustainable practices could be punished by consumers, the media and even regulators.’  Read more...

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Consumers Love Local Brands. That's Good News For Family Businesses
by Philipp Jaufenthaler, Andreas Kallmuenzer, Sascha Kraus, and Alfredo De Massis
How Family Businesses Survive Unexpected ‘Wild Cards’
by Wojciech Czakon, Monika Hajdas, and Joanna Radomska
Why Don't You Educate Your Owners?
by Tom Rüsen, Claudia Binz Astrachan, and Ruth Orenstrat
Too Much Love in the Family Can Hurt
by Ines Herrero and Mat Hughes
Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

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Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation