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
Academy of Management Honors FamilyBusiness.org Editor Kimberly Eddleston
by Catherine Buday / Commentary

The award recognizes her role in launching and growing the world's leading website for supporting and educating family businesses. Read more...

How Women Directors Decrease Cost of Capital at Family Businesses
by Rafaela Gjergji, Luigi Vena, Giovanna Campopiano, Salvatore Sciascia, and Alessandro Cortesi / Research Insight

Family firms face higher borrowing costs than non-family firms if they disclose strategic information, but having women on their boards helps them narrow the gap. Read more...

Storytelling Vividly Illustrates Your Family Business Values
by Eva Fischer Hansen / Practice Insight

Passing on stories among family members from one generation to the next is one powerful way values can be passed through multiple generations without being reduced to meaningless words. Read more...

Renewing the Empire: A Family Firm's Succession and Refit Journey
by Melania Riefolo, Sena Özkara, Baris Istipliler, and Jan-Philipp Ahrens / Research Insight

Next-gen leaders often have a clearer view of how the family business must change. The challenge is to preserve the culture and values while making change happen. Read more...

Trending
Helping Next-Gens Envision Their Family Firm’s Future Success
by Nadine Kammerlander and Friedrich Kammerlander
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
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