Our Latest Articles

January 27, 2022 - Issue #52

Diversify Your Family's Risks by Returning to Its Entrepreneurial Roots Diversify Your Family's Risks by Returning to Its Entrepreneurial Roots Don't invest in the market or seek to acquire other firms. Instead, rediscover the thinking that made your business outstanding in the first place.
A Family Firm Can Be Both an Innovator and a Great Place to Work A Family Firm Can Be Both an Innovator and a Great Place to Work Both relatives and non-relatives should feel happy, secure and “part of the family” without getting so complacent that they don’t challenge the status quo.
Sinking ship? How one family firm sailed through several crises Sinking ship? How one family firm sailed through several crises A Finland-based family business that hadn't innovated in calmer times drew on its heritage and untapped strengths to get it through periods of stress.
Strategies for Keeping Your Family Connected Strategies for Keeping Your Family Connected We continue our discussion with Mitzi Perdue, widow of Frank and daughter of a Sheraton Hotels founder, who shares what she's learned about family unity.
When Adult Kids Fail to Launch When Adult Kids Fail to Launch

A business lawyer who has worked with family firms offers seven steps for families with adult kids who've been overly dependent. Parents' behavior and family culture and dynamics all play a role.

January 2022
Getting Along: Straight Talk from a Family Business Veteran Getting Along: Straight Talk from a Family Business Veteran Trust people. Walk around a lot so you meet more non-relatives. And don't show off your new car when the firm is tightening the belt.
Fostering Diversity and Inclusion Can Be Good for Business Fostering Diversity and Inclusion Can Be Good for Business It can bring stronger connections with customers, better problem solving and enhanced creativity. Here's how to get started.
'Succession' on Screen and For Real 'Succession' on Screen and For Real

Familybusiness.org's Kimberly Eddleston was interviewed by the Wall Street Journal for this article discussing parallels between the HBO hit series and everyday family firms.

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You're Adding a Board of Directors. Is Your Management Team Ready?
by Rostyslav Vovk / Commentary

A Ukraine-based family business installed a board to provide structure as it scaled globally. Here's how the owners overcame top managers' fears and won their support. Read more...

The 11 Digital Warning Signs of Conflict Escalation in Business Families
by Christina Strauss, Arist von Schlippe, Franz Kellermanns, and Torsten Pieper / Research Insight

Digital communication speeds up family business decisions—but it also accelerates conflict. Based on 100+ pages of real emails and texts, here are 11 signs that an all-out brawl is coming. Read more...

Announcing Our 2024-25 Schulze Awards Winners
by Kimberly Eddleston and Mat Hughes / Commentary

These awards recognize exceptional thought leadership, clarity of perspective, and the ability to bridge research and practice. Read more...

Preparing for the Next Generation Starts with Being Investor-Ready
by Michael Paull / Applied and Practice

The most important investor may be your own successors. Investor readiness supports smooth transitions, builds trust, enhances enterprise value, and keeps strategic options open—whether you sell, recapitalize, or stay independent. Read more...

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Things to Consider When Transferring Family Business Ownership
by Susan Lanz, Gary Burke, Kajsa Haag, and Omid Omidvar
Family CEOs May Encourage More Innovation Than Non-Family Leaders
by Mario Daniele Amore, Morten Bennedsen, Bordin Bordeerath, and Nicolai Foss
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