Regular Issue

October 11, 2021 - Issue #40

Retirement Options and their Consequences for Small Business Owners Retirement Options and their Consequences for Small Business Owners From family succession to liquidation, we examine different retirement options for small business owners and provide a framework for picking the best plan.
People With Disabilities Can Bring Strength to Your Business People With Disabilities Can Bring Strength to Your Business A more generous view of human capability helps companies access a wider pool of talent in an era of profound labor shortages.
Seven Strategies to Survive the Post-Pandemic Labor Shortage Seven Strategies to Survive the Post-Pandemic Labor Shortage As work/life balance and alternative work arrangements grow, family businesses must work harder to keep non-family staff happy and attract new candidates.
Overcoming Dysfunction in the Next Generation Overcoming Dysfunction in the Next Generation The family firm and relationships are at risk when parents overshadow and overprotect their successors. Why tough love matters.
Family Businesses Thriving in India Family Businesses Thriving in India

Family businesses are the backbone of the economy in India, and their long-term financial performance and revenue growth are ahead of other firms. This article by two Deloitte partners explores why.

October 2021
10 Golden Principles to Guide Your Succession Planning 10 Golden Principles to Guide Your Succession Planning While every family business is different, these guidelines can help most firms smooth out the succession process and maintain family relations as a bonus.
She Always Gives Her All to the Family Firm -- but He Follows the Leader She Always Gives Her All to the Family Firm -- but He Follows the Leader Women go the extra mile regardless of how they are treated by leadership. Men only exert extra effort in exchange for altruistic leadership.
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Recent
When Is a Family Business Leader Too Old?
by Salvatore Sciascia / Commentary

Recent events in the US Presidential race have focused many on the question: When is someone too old to lead? Here's how family firms can think things through. Read more...

A False Sense of Urgency Helps Neither Family Nor Business
by Joseph Astrachan and Claudia Binz Astrachan / Practice Insight

Rushed decisions tend to lead to bad outcomes. So does avoiding decisions because we’re afraid of conflict. This framework helps businesses think realistically about decision urgency. Read more...

The Next Generation Can Help the Family Firm Innovate
by Richard Schulze and Ritch Sorenson / Commentary

Best Buy Founder Richard Shulze and Ritch Sorenson of the University of St. Thomas explore the opportunities that come with a changing of the guard. Read more...

How Founders Can Stay Relevant When the Next Gen Takes Over
by Kimberly Eddleston / Interviews

A family business advisor says a change in leadership is like passing the baton in a relay race. Don't let go too abruptly. Read more...

Trending
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
Family Firms May Need More Legal Advice Than They Think
by Kajsa Haag, Hanna Almlöf, Marina Madsen, and Mette Neville
Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation