Regular issue

July 05, 2022 - Issue #64

Family Emotions Can Drive Business Decisions 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 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 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 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 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.

July 2022
Non-Family Board Members Bring Perspective and Growth 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 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.
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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