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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How Families Can Re-Engage Reluctant Successors Without Pressure
by John Cater, Roland Kidwell, Megan Harper, and Marilyn Young / Research Insight

Successors recommit when roles align with their values, skills, and life stage—and when family dynamics allow earlier experiences to be reinterpreted. Read more...

How Families Shape Successor Motivation—and the Firm’s Long-Term Direction
by Alexandra Dawson / Research Insight

Family firms don’t have goals—people do. The rise and fall of Italy's Florio dynasty shows how successor motivation shapes the balance between growth, legacy, and community—and how families can buildl more durable, values-led leadership. Read more...

Family Offices Are Expanding Their Role
by Peter Vogel / Applied and Practice

As family attitudes towards wealth, purpose, and legacy evolve, their offices are doing more than just managing wealth, a study shows. Read more...

Will Your Nonfamily Employees Defend Your Business? 
by Sarah Burrows, Craig Crossley, Catherine Faherty, and Jim Combs / Research Insight

A stewardship climate, where employees feel trusted and truly valued, mobilizes nonfamily employees to defend the family firm against reputational threats.   Read more...

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From 'Passing Down' to 'Building Up': Rethinking Values in Family Firms
by Viktoria Luft, Anne Katarina Heider, Heinrich Liechtenstein, and Tarek el Sehity
Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

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Things to Consider When Transferring Family Business Ownership
by Susan Lanz, Gary Burke, Kajsa Haag, and Omid Omidvar
Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation