Our Latest Articles

January 20, 2021 - Issue #22

A Road Map for Resurgence in 2021 A Road Map for Resurgence in 2021 With a vaccine on the way, we feel the best advice for 2021 is to focus on what comes next.  These articles from the past year can inform your game plan for the post-Covid world that will dawn in a few months.
Family Businesses Must Plan for the Unthinkable Family Businesses Must Plan for the Unthinkable A year ago nobody saw a pandemic coming. What we've learned: a dash of "productive paranoia" will help family business leadership anticipate future threats.
Five Things Family Businesses are Reckoning With Now Five Things Family Businesses are Reckoning With Now This video, also available as a podcast, explores how family businesses are balancing cherished traditions and social capital against the mandate to control costs at a time of economic peril.
Timeless Lessons from Dick Schulze Timeless Lessons from Dick Schulze While "Becoming the Best" was published a decade ago, the takeaways from Dick Schulze's book remain great operating principles for anyone who runs a business.
Looking ahead
Don't Get Too Comfortable Don't Get Too Comfortable

In this video, Harvard's Michael Tushman explains why great firms don't rest on past successes. Being innovative means getting out of your comfort zone.

How Investors Think Differently Now How Investors Think Differently Now

Our Lean Education Summit last month opened with a panel of Investors sharing their insights of what the funding environment for entrepreneurs, non-profits and small businesses will look like as the economy recovers.

Important Book about Managing Family and Business Important Book about Managing Family and Business

Don't miss this article by family business thought leader Dennis Jaffe about a new book that explores how family business owners can manage their two important roles.

Search & Save Enter search below to create an easy reading list
Recent
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...

Multigenerational Consulting Teams Bring Wisdom and Fresh Insights
by Kimberly Eddleston / Interviews

Many family businesses facing a leadership transition to the next generation turn to advisors to help them create a plan and work through their differences.  Multigenerational advisory teams can help. Read more...

Trending
How Family Dynamics Shape Family Businesses
by Joseph Astrachan and Claudia Binz Astrachan
How Family Business Succession Shapes Innovation in the Next Generation
by Ludovica Del Barone, Maria Annosi, Filomena Buonocore, and Evelyn Micelotta
Things to Consider When Transferring Family Business Ownership
by Susan Lanz, Gary Burke, Kajsa Haag, and Omid Omidvar
Consumers Love Local Brands. That's Good News For Family Businesses
by Philipp Jaufenthaler, Andreas Kallmuenzer, Sascha Kraus, and Alfredo De Massis
Editorial offices located at St Thomas University

Editorial offices located at St Thomas University