Regular issue

May 31, 2022 - Issue #62

What Olivetti Style Teaches Us About Lasting Aesthetic Legacy What Olivetti Style Teaches Us About Lasting Aesthetic Legacy Legacies of great family businesses involve our senses of touch, sight, sound, taste and smell -- all embedded in our experiences with their most iconic artifacts.
Abundant Marketing Resources Can Hinder Family Firm Innovation Abundant Marketing Resources Can Hinder Family Firm Innovation Strong market knowledge, great relationships with customers and suppliers, and a well-respected brand can actually deter family businesses from taking necessary risks to introduce something new.
Growing Pains? Advice to Recharge and Sustain Growth Growing Pains? Advice to Recharge and Sustain Growth A family firm that grows into a midsized company may be going through what Rob Sher calls the difficult "teenage years of business." How to manage the transition
To Grow, Serve Existing Customers Better or Find New Ones To Grow, Serve Existing Customers Better or Find New Ones Evaluate the market, then see if you can get more business from legacy customers or change to meet the needs of a tangential market.
Get Ready for the Next Supply Chain Disruption Get Ready for the Next Supply Chain Disruption Small companies must act now to build the capabilities that help them survive a future of unstable weather, woke consumers, political turmoil and technology disruption.
May 2022
Let the Next Generation of Family Firm Leaders Chart Their Own Path Let the Next Generation of Family Firm Leaders Chart Their Own Path Entrepreneurial and digital experiences equip next-generation family members to help the family business identify new revenue streams and grow to new heights.
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.
Celebrating Women Who Lead Family Firms Celebrating Women Who Lead Family Firms

Women leaders in family business are becoming increasingly prevalent and important. The UK's Institute for Family Business shares the stories of women in the success of family businesses.

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Recent
A False Sense of Urgency Helps Neither Family Nor Business
by Joseph Astrachan and Claudia Binz Astrachan / Practice Insight

Rushed decisions tend to lead to bad outcomes. So does avoiding decisions because we’re afraid of conflict. This framework helps businesses think realistically about decision urgency. Read more...

The Next Generation Can Help the Family Firm Innovate
by Richard Schulze and Ritch Sorenson / Commentary

Best Buy Founder Richard Shulze and Ritch Sorenson of the University of St. Thomas explore the opportunities that come with a changing of the guard. Read more...

How Founders Can Stay Relevant When the Next Gen Takes Over
by Kimberly Eddleston / Interviews

A family business advisor says a change in leadership is like passing the baton in a relay race. Don't let go too abruptly. Read more...

Single Family Offices as Owners: Long-Term Investors or Financial Optimizers?
by Joern Block, Reza Fathollahi, and Onur Eroglu / Research Insight

The capital structure of a firm determines its financial viability and creditworthiness. Families should understand how ownership influences this structure. Read more...

Trending
How Family Dynamics Shape Family Businesses
by Joseph Astrachan and Claudia Binz Astrachan
Family Business Succession: Your Questions Answered
by Kimberly Eddleston and Mat Hughes
Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

Popular
Family Firms May Need More Legal Advice Than They Think
by Kajsa Haag, Hanna Almlöf, Marina Madsen, and Mette Neville
Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation