Regular issue
//July 05, 2022 - Issue #64
Family Emotions Can Drive Business Decisions Because personal and business dynamics are so closely intertwined, private disagreements and personal histories inevitably spill over into the business.
The Hybrid Workplace is Here to Stay: 5 Ways to Make it Work Elon Musk is swimming against a global tidal wave of employee sentiment about how work gets done. Why it's best to go with the flow.
Using Family History for Competitive Advantage The family history of the acclaimed London-based restaurant Sweet Mandarin, recounted in the owner's book, builds strong ties with customers and other stakeholders. 
The New Family Business Powerhouses: Wives and Moms No longer passive wives and mothers, women are complementary and assertive partners to their spouses and respected leaders within their families.
Helping Staff With the High Cost of Living Inflation is shrinking what your employees' paychecks can purchase. Cartright & Butler, a UK-based family firm selling gourmet gifts, is doing something about it.
Non-Family Board Members Bring Perspective and Growth The 100-year-old Nielsen-Massey flavorings company, whose vanilla and other products can be found on store shelves everywhere, spiced up its management with non-relatives.
Protect Your Business From Cyberattacks Many small businesses are afraid that protecting their systems is too costly or complex. But some of the most effective shields are easy and free.
Your "owners' strategy" should consider that in future generations the family firm will likely have many more owners. Take a broader focus when you develop it. Read more...
Fiduciary boards keep family firms focused on the long term, rather than on short-term, tactical strategies. But many family firms resist having one, fearful of losing control of their enterprise. Read more...
Many family firms are not fully sure of their legacy and how to communicate it to others. Research suggests ways to get a better handle on it. Read more...
Like many family business leaders, John Dutton struggles to uphold longstanding traditions while external competitive pressures mount and next-gens clamor for change. Read more...
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Supported by the Richard M Schulze Family Foundation