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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What Nonfamily Managers Need From Family Firm Leaders
by Mat Hughes, Alfredo De Massis, Sascha Kraus, Qilin Hu, and Yi-Ying Chang / Research Insight

Vision matters—but so does individualized consideration. This study shows nonfamily managers perform better when CEOs pair transformational leadership with genuine, personalized attention and political skill. Read more...

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 build 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...

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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