Our Latest Articles

December 21, 2020 - Issue #20

Three Strengths that Can Help Family Firms Survive Covid Three Strengths that Can Help Family Firms Survive Covid The good news is that for many family businesses the challenges and invitations offered by the pandemic can allow them to emerge stronger than ever, both as families and as enterprises.
Sherri Noxel

Editor's Pick

Sherri Noxel

'Letting Go'

Oregon winery entrepreneur Susan Sokol Blosser is one of the founders of Oregon’s wine industry and a prolific writer. In “Letting Go” she captured the very personal and painful journey of exiting a family business that she founded. It’s the type of honest book about succession that is hard to find. Her first book, “Gracious and Ruthless: Surprising Strategies for Business Success,” shares her point of view as a woman founder in a traditionally male industry.

http://www.susansokolblosser.com
Everyday Gratitude in Times of Uncertainty Everyday Gratitude in Times of Uncertainty A timely message for the holiday season: Gratitude leads to better relationships. It's also good business because it encourages loyalty among our colleagues, especially in times of crisis.
Developing responsible owners in family business Developing responsible owners in family business The next generation of owners is crucial to the family firm's survival. The process of getting them ready and instilling the right attitudes should start early.
December 2020
Leadership Lessons from Great Family Businesses Leadership Lessons from Great Family Businesses

Family businesses are a thriving economic engine, but many struggle to make it from one generation to the next. This article deconstructs what makes them viable for the long term.

Innovating While Preserving Tradition Innovating While Preserving Tradition

Venerable family firms that have been successful through the decades still must innovate. Here is how the leader of one Dutch firm balances tradition and modernization.

Surprising Winners in the Pandemic Surprising Winners in the Pandemic

While more than a quarter of small businesses have closed, some are doing surprisingly well, as this New York Times article points out.

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Your Investment Strategy Should Reflect Your Family Values and Goals
by Claudia Binz Astrachan, Anneleen Michiels, Massimo Baù, and Chris Graves / Practice Insight

A family investment policy defines how a family manages its collective financial assets in alignment with its shared values, goals, and risk preferences. Read more...

Families Can Overcome Generational Conflicts Over Technology
by Maria Annosi, Mat Hughes, Davide de Gennaro, Roberta Oppedisano, and Filomena Buonocore / Research Insight

A study of Italian firms shows how differences can be resolved, so the company can honor tradition and still make progress. Read more...

Ready to Lead: Building Confidence Across Generations
by Paul Edelman / Applied and Practice

When families treat readiness as something they cultivate together, the handoff feels less like a loss and more like a natural next step. Read more...

Define Your Legacy, and Strengthen Your Business and Your Impact
by Matthew Fox, Kimberly Wade-Benzoni, and Jeffrey Covin / Research Insight

Unless you clearly define what you want your legacy to be, your successors will interpret it in their own way -- and it might not be what you intended.  Read more...

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Things to Consider When Transferring Family Business Ownership
by Susan Lanz, Gary Burke, Kajsa Haag, and Omid Omidvar
How Family Dynamics Shape Family Businesses
by Joseph Astrachan and Claudia Binz Astrachan
Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

Popular
Consumers Love Local Brands. That's Good News For Family Businesses
by Philipp Jaufenthaler, Andreas Kallmuenzer, Sascha Kraus, and Alfredo De Massis
Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation