Regular edition

December 02, 2021 - Issue #45

How Family Firms Can Prevent (or Cool Down) Sibling Rivalries How Family Firms Can Prevent (or Cool Down) Sibling Rivalries Koch Industries, McCain Foods and Robert Mondavi were all roiled by sibling battles. These three strategies will help you prevent it.
'Let’s Not Go There...'  Taboos in Family Business 'Let’s Not Go There...' Taboos in Family Business Many families dare not discuss certain topics because they want to preserve the illusion of harmony and unity. But these taboo topics are bound to erupt sooner or later.
Lessons From the Perdue and Sheraton Families on Getting Along Lessons From the Perdue and Sheraton Families on Getting Along Mitzi Perdue, author of a book about family businesses and widow of Frank and daughter of a Sheraton Hotels founder, shares lessons about family harmony.
Building a Stronger Supply Chain: Lessons From the Crisis Building a Stronger Supply Chain: Lessons From the Crisis Frequent, sudden and systemic disruptions are sure to come, even after the current crisis is over. Companies need stress-tested solutions and strategies.
Trends in Year-End Rewards for Staff Trends in Year-End Rewards for Staff

It's that time of year when businesses ponder how to reward loyal employees -- and this year, in a brutal labor market, it's especially critical. A Forbes columnist gives us a look at the trends.

December 2021
The New Normal: Overcoming Post-Pandemic Challenges to Survival and Growth The New Normal: Overcoming Post-Pandemic Challenges to Survival and Growth How to power through this new phase of supply chain problems, labor shortages, frozen networks and the "great resignation."
How Small Firms Can Protect Their Interests in R&D Alliances How Small Firms Can Protect Their Interests in R&D Alliances Alliances can benefit both sides, but in the process of partnering with the Goliath, the smaller firm may lose trade secrets and talent and undermine their own interests long term. 
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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...

Single Family Offices as Owners: Long-Term Investors or Financial Optimizers?
by Joern Block, Reza Fathollahi, and Onur Eroglu / Research Insight

The capital structure of a firm determines its financial viability and creditworthiness. Families should understand how ownership influences this structure. Read more...

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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