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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Why Family Firms May Need More Legal Advice Than They Think
by Kajsa Haag, Hanna Almlöf, Marina Madsen, and Mette Neville / Research Insight

Families are often reluctant to anticipate and plan for the day when an unexpected transition might upend their business. The costs of inaction are high. Read more...

How to Defuse and Recover From Family Business Conflict
by Kimberly Eddleston / Interviews

A clinical psychologist and family business advisor shares tips for cutting through emotions and focusing on conflict rationally and productively. Read more...

Helping Next-Gens Envision Their Family Firm’s Future Success
by Nadine Kammerlander and Friedrich Kammerlander / Education and Teaching

This classroom exercise seeks to motivate future family firm leaders to think ahead and design a holistic vision of their family firm in 10-15 years, covering many different (and potentially conflicting) aspects of it. Read more...

Better Let Your Brother Do It: Men Are Still Preferred in CEO Successions
by Jan-Philipp Ahrens, Melania Riefolo, Annegret Hauer, and Katharina Siegert / Research Insight

At 800 German firms, 81% chose sons over daughters in succession decisions -- and the presence of first-born sons also made them exclude outside candidates. Read more...

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Unforeseen Crisis Made These Family Businesses Stronger
by Rebecca Alguera Kleine, Bingbing Ge, and Alfredo De Massis
Developing responsible owners in family business
by Torsten Pieper and Joseph Astrachan
Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

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When the Family Leaves the Business, Can Their Values Remain?
by Roy Suddaby, Wilson Ng, Natalia Vershinina, Gideon Markman, and Matthew Cadbury
Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation