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
Merging With Another Family Firm is Safer and Smarter
by Francesco Chirico, Robert E Hoskisson, Seemantini Pathak, and Massimo Baù / Research Insight

Family business mergers enjoy greater harmony and better financial performance than mergers involving non-family firms. Read more...

Unready and Unadvised: The Silent Crisis in Family Wealth Transfer
by Srbuhi Avetisyan / Practice Insight

A study of 13,500 family firms shows that nearly half of heirs don’t know where the assets are -- and 3 in 5 wouldn’t know what to do if the founder died suddenly. Read more...

AI Adoption in Family Business: Balancing Trust and Tech
by Doug Gray, PhD / Practice Insight

Using AI can be risky in settings where confidentiality is key, but it can be indispensable in developing innovative services that clients expect. Here's how to harness it safely.  Read more...

A Family Council Can Help Larger Families Stay Connected
by Kimberly Eddleston / Interviews

Consider one if your family business has 15 or more relatives involved, or multiple generations. Read more...

Trending
Consumers Love Local Brands. That's Good News For Family Businesses
by Philipp Jaufenthaler, Andreas Kallmuenzer, Sascha Kraus, and Alfredo De Massis
How Family Dynamics Shape Family Businesses
by Joseph Astrachan and Claudia Binz Astrachan
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 Don't You Educate Your Owners?
by Tom Rüsen, Claudia Binz Astrachan, and Ruth Orenstrat
How Family Businesses Survive Unexpected ‘Wild Cards’
by Wojciech Czakon, Monika Hajdas, and Joanna Radomska
Too Much Love in the Family Can Hurt
by Ines Herrero and Mat Hughes
Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation