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.

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Recent
Family Offices Are Expanding Their Role
by Peter Vogel / Applied and Practice

As family attitudes towards wealth, purpose, and legacy evolve, their offices are doing more than just managing wealth, a study shows. Read more...

Will Your Nonfamily Employees Defend Your Business? 
by Sarah Burrows, Craig Crossley, Catherine Faherty, and Jim Combs / Research Insight

A stewardship climate, where employees feel trusted and truly valued, mobilizes nonfamily employees to defend the family firm against reputational threats.   Read more...

You're Adding a Board of Directors. Is Your Management Team Ready?
by Rostyslav Vovk / Commentary

A Ukraine-based family business installed a board to provide structure as it scaled globally. Here's how the owners overcame top managers' fears and won their support. Read more...

The 11 Digital Warning Signs of Conflict Escalation in Business Families
by Christina Strauss, Arist von Schlippe, Franz Kellermanns, and Torsten Pieper / Research Insight

Digital communication speeds up family business decisions—but it also accelerates conflict. Based on 100+ pages of real emails and texts, here are 11 signs that an all-out brawl is coming. Read more...

Trending
Things to Consider When Transferring Family Business Ownership
by Susan Lanz, Gary Burke, Kajsa Haag, and Omid Omidvar
Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

Popular
How Family Dynamics Shape Family Businesses
by Joseph Astrachan and Claudia Binz Astrachan
Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation