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 Companies need stress-tested solutions and strategies to manage and thrive in an uncertain future.
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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Will Your Family Brand Survive New Leadership?
by Meghan Lynch / Practice Insight

As trillions in family-owned companies shift to next-generation leaders, one critical asset is being ignored: the brand. Here’s why brand value—often nearly 20% of enterprise worth—erodes during succession and how families can protect it. Read more...

From 'Passing Down' to 'Building Up': Rethinking Values in Family Firms
by Viktoria Luft, Anne Katarina Heider, Heinrich Liechtenstein, and Tarek el Sehity / Research Insight

Rather than inherited like family heirlooms, values are shaped and re-shaped by interactions between the generations at the family firm.  Read more...

Your Investment Strategy Should Reflect Your Family Values and Goals
by Claudia Binz Astrachan, Anneleen Michiels, Massimo Baù, and Chris Graves / Practice Insight

A family investment policy defines how a family manages its collective financial assets in alignment with its shared values, goals, and risk preferences. Read more...

Families Can Overcome Generational Conflicts Over Technology
by Maria Annosi, Mat Hughes, Davide de Gennaro, Roberta Oppedisano, and Filomena Buonocore / Research Insight

A study of Italian firms shows how differences can be resolved, so the company can honor tradition and still make progress. Read more...

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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

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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