Our Latest Articles

November 30, 2020 - Issue #17

Women Can Help Their Family Businesses Navigate Crisis Women Can Help Their Family Businesses Navigate Crisis Women can be indispensable in times of trouble, but the glass ceiling and the glass cliff still hold them back even at family firms. Seven things to think about.
Sherri Noxel

Editor's Pick

Sherri Noxel

One Tough Mother

One Tough Mother is not an academic text but an inspirational autobiography from the late Gert Boyle. It is the story of her inheriting her father’s sporting goods business and the unexpected death of her husband when she was 46. Gert rebuilt the company that is now one of the finest examples of G3 family enterprise ownership of a publicly traded global company.

"One Tough Mother: Taking Charge in Life, Business and Apple Pies” by Gert Boyle, G2 CEO of Columbia Sportswear.

Daughters prepare to lead family firms Daughters prepare to lead family firms Daughters are increasingly assuming leadership roles at family firms. In this video, two future business leaders talk about family expectations, their worries, their hopes for the future and the importance of knowing their value.
Breaking the Glass Ceiling in a Family Business Breaking the Glass Ceiling in a Family Business Despite decades of striving and some progress, women still face challenges. Outdated ideas about primogeniture and a woman's rightful place have not yet gone away, and women still feel too much pressure to prove themselves.
Family Business Home Page Vol. 2
Lessons from Lauder Lessons from Lauder

Leonard Lauder, whose empire includes Estee Lauder, Bobbi Brown and Clinique cosmetics, never makes an important decision without a woman at the table.

Building a Balanced Relationship Building a Balanced Relationship

As this article points out, moving from daughter to CEO is never easy. In this article, Jelmar CEO Alison Gutterman shares her insights about leading her third-generation family firm.

Lessons from 100-year Businesses Lessons from 100-year Businesses

This podcast features Dennis Jaffe, celebrated family business office consultant and author of the book, Borrowed from Your Grandchildren, talking about what resilient families have in common.

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Recent
When a Family Business Faces a Crisis, Should the Founder Step Aside?
by Melania Riefolo, R. Adam Smith, Sabrina Finkbeiner, Jan-Philipp Ahrens, Agata Braja, and Franciele Beck / Research Insight

Founders may react too aggressively when their businesses are threatened. New research reveals when the next generation may be better equipped to lead a turnaround. Read more...

How to Let Your Child Lead the Family Business When You Disagree
by Dr. Benjamin Ritter / Practice Insight

Handing over a family business doesn't mean agreeing with every decision. Here are five ways to support your successor without undermining their authority. Read more...

The “Perfect Successor” Is a Myth: What Family Businesses Should Look for Instead
by Eric Liguori, Benjamin McLarty, Maria Bracamonte, Parker Ellen, and Michele Medina-Craven / Research Insight

Research suggests that education, experience, confidence, personality, and motivation can all shape family business succession. But none offers a shortcut to finding the ideal next leader. Read more...

Family Business Consultant or Coach: Which Do You Need?
by Doug Baumoel and Amanda Bell / Practice Insight

Coaches help individual family members grow; consultants solve problems affecting the entire family business. Learn when to hire each and how they can work together. Read more...

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Editorial offices located at St Thomas University

Editorial offices located at St Thomas University