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
Before You Create a Family Office, Prepare the Next Generation
by Dennis Oteng / Commentary

A full family office may not be the first step. Strong governance can prepare younger family members to steward wealth long before a crisis forces the issue. Read more...

Why Family Businesses Shouldn't Always Listen to Wall Street
by Douglas Hassell and Kimberly Eddleston / Applied and Practice

What Nordstrom, Mars, Dillards and Patagonia can teach family businesses about ownership structure Read more...

Selling the Family Business? Prepare the Family for What Comes Next
by Susana Quintás / Applied and Practice

A business sale changes more than ownership. Families must also rethink governance, roles, wealth, identity, and purpose after the company is gone. Read more...

How Family Business Succession Shapes Innovation in the Next Generation
by Ludovica Del Barone, Maria Annosi, Filomena Buonocore, and Evelyn Micelotta / Research Insight

Research on 16 family businesses reveals why some successors build on the previous generation’s innovations while others rarely or never innovate. Read more...

Popular
The Biggest Risk to Family Wealth Isn't Investment Performance—It's Succession
by Jan-Philipp Ahrens, R. Adam Smith, Maria Giuseppina Bruna, Melania Riefolo, and Salam SAMI
'Family-Owned' or 'Family-Run'? The Words You Use Can Affect Customer Trust
by Sabrina Finkbeiner, Jan-Philipp Ahrens, Christoph Burmann, and Michael Schade
Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation