Regular issue

April 22, 2022 - Issue #59

Dealing with Inflation: Advice From the Experts Dealing with Inflation: Advice From the Experts Keep moving forward; adjust your product portfolio and brand; and manage your family and your money.
Family Firms: How Much Cash is Enough? Family Firms: How Much Cash is Enough? More cash can mean greater strength, but only when a strong board provides a counterbalance and an outsider's perspective.
How Thought Leadership Can Help the Heir Get Respect How Thought Leadership Can Help the Heir Get Respect Succession can be rocky when the heir is viewed as entitled to the crown, rather than deserving of it. Author Bob Buday shares tips on gaining legitimacy and loyalty.
Millennials Can Help Family Firms Expand, If Led by Their Peers Millennials Can Help Family Firms Expand, If Led by Their Peers Millennials work harder and more successfully to expand their family firm globally if their CEO is a fellow millennial and is not a family member.
The 7 Deadly Sins of Family Business Wealth The 7 Deadly Sins of Family Business Wealth

The family blunders that trigger the “shirtsleeves to shirtsleeves” curse come down to basic financial mistakes. This article shows how to avoid them.

April 26, 2022
Developing Competent Owners and Stewards for a Lasting Family Business Developing Competent Owners and Stewards for a Lasting Family Business Educating family members to become such competent, responsible stewards of the family enterprise is a responsibility, and not a choice.
Is Asking Friends and Family Members for Money the Right Move for Your Business? Is Asking Friends and Family Members for Money the Right Move for Your Business? The "friends and family round" is often the first step in raising money after self-funding your startup with your savings, yet nobody really tells you how to do it.
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Men and Women Cling to Power for Different Reasons
by Nancy Forster-Holt, Jim Davis, and Cassidy Creech / Research Insight

While male leaders often view stepping down as a threat to their identity and accomplishments, female leaders appear to be motivated by other factors.  Read more...

How Family Businesses Can Recruit the Best C-Suite Candidates
by Annika Ehlers, Ryan Rumble, Claudia Binz Astrachan, and Massimo Baù / Research Insight

Family-owned businesses often struggle to compete with non-family firms when it comes to recruitment, and understanding the expectations of job seekers is crucial to attract the best talent. Read more...

The Perks and Pitfalls of Hiring Your Parents
by Kimberly Eddleston / Interviews

Allen Esrock of NxtGen Nexus weights in on how to optimize the free labor and other benefits, and how to manage conflicting goals, sibling resentment, and suspicious non-relatives who work for you. Read more...

Justifiable Pride or Arrogance? It Matters for Family Businesses
by Fabian Bernhard / Research Insight

Bragging about your family connection is universally bad, but even pride in your accomplishments must be displayed carefully -- especially in eastern cultures. Read more...

Trending
How Family Dynamics Shape Family Businesses
by Joseph Astrachan and Claudia Binz Astrachan
Why Families and Their Firms Behave Badly
by Roland Kidwell, Kimberly Eddleston, Linda Kidwell, John Cater, and Ellison Howard
Family Business Succession Planning: 10 Golden Rules
by Tom Rüsen, Torsten Groth, and Arist von Schlippe
Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

Popular
How to Pitch Your Startup to Attract Money
by Jonathan Littman and Susanna Camp
Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation