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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Why Women CEOs Offer Family Businesses an Entrepreneurial Advantage
by Kimberly Eddleston and Franz Kellermanns / Research Insight

Family firms, unlike non-family firms, value a learning-based path to entrepreneurship, which plays to women’s strengths. Read more...

Why Family Firms May Need More Legal Advice Than They Think
by Kajsa Haag, Hanna Almlöf, Marina Madsen, and Mette Neville / Research Insight

Families are often reluctant to anticipate and plan for the day when an unexpected transition might upend their business. The costs of inaction are high. Read more...

How to Defuse and Recover From Family Business Conflict
by Kimberly Eddleston / Interviews

A clinical psychologist and family business advisor shares tips for cutting through emotions and focusing on conflict rationally and productively. Read more...

Helping Next-Gens Envision Their Family Firm’s Future Success
by Nadine Kammerlander and Friedrich Kammerlander / Education and Teaching

This classroom exercise seeks to motivate future family firm leaders to think ahead and design a holistic vision of their family firm in 10-15 years, covering many different (and potentially conflicting) aspects of it. Read more...

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Better Let Your Brother Do It: Men Are Still Preferred in CEO Successions
by Jan-Philipp Ahrens, Melania Riefolo, Annegret Hauer, and Katharina Siegert
Unforeseen Crisis Made These Family Businesses Stronger
by Rebecca Alguera Kleine, Bingbing Ge, and Alfredo De Massis
Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

Popular
Perceptions of Family Firms Vary by Country: Why This Matters
by Philipp Jaufenthaler, Oliver Koll, Reinhard Prügl, and Maximilian Lude
When the Family Leaves the Business, Can Their Values Remain?
by Roy Suddaby, Wilson Ng, Natalia Vershinina, Gideon Markman, and Matthew Cadbury
Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation