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
When Family Businesses Should Think Like Private Equity Firms
by Nadine Kammerlander and David Hoeflmayr / Applied and Practice

Adopting all or even some PE investor strategies can add value and enhance competitiveness, especially when a successor takes over or the company may be sold.  Read more...

Your Family’s Mental Model Might Be Fueling Its Conflicts
by Tom Rüsen and Monika Nadler / Practice Insight

Different ways of thinking shape how families make decisions, resolve tensions, and pass leadership across generations. Read more...

Learning to Let Go of a Startup
by Lin Grensing-Pophal / Features

Handing off a family business to the next generation can be difficult, but it doesn’t have to be. Read more...

Nonfamily CEOs Are Most Vulnerable in the Middle Stage of Their Tenure
by Wei Shen, Cecilia Gu, and Lin-Hua Lu / Research Insight

Family businesses tend to give all CEOs time to prove themselves, but are tougher on outsiders who don’t deliver results after a few years.  Read more...

Trending
How Family Dynamics Shape Family Businesses
by Joseph Astrachan and Claudia Binz Astrachan
Consumers Love Local Brands. That's Good News For Family Businesses
by Philipp Jaufenthaler, Andreas Kallmuenzer, Sascha Kraus, and Alfredo De Massis
How Family Businesses Survive Unexpected ‘Wild Cards’
by Wojciech Czakon, Monika Hajdas, and Joanna Radomska
Business Families Must Get Real About Growth and Payouts
by Joseph Astrachan and George Manners
Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

Popular
Tariffs, Turmoil, and Family Tiffs: Navigating the Current Chaos
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
Why Don't You Educate Your Owners?
by Tom Rüsen, Claudia Binz Astrachan, and Ruth Orenstrat
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