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
Why Family Firms May Need More Legal Advice Than They Think
by Kajsa Haag, Hanna Almlöf, Marina Madsen, and Mette Neville / Research Insight

Families are often reluctant to anticipate and plan for the day when an unexpected transition might upend their business. The costs of inaction are high. Read more...

How to Defuse and Recover From Family Business Conflict
by Kimberly Eddleston / Interviews

A clinical psychologist and family business advisor shares tips for cutting through emotions and focusing on conflict rationally and productively. Read more...

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

This classroom exercise seeks to motivate future family firm leaders to think ahead and design a holistic vision of their family firm in 10-15 years, covering many different (and potentially conflicting) aspects of it. Read more...

Better Let Your Brother Do It: Men Are Still Preferred in CEO Successions
by Jan-Philipp Ahrens, Melania Riefolo, Annegret Hauer, and Katharina Siegert / Research Insight

At 800 German firms, 81% chose sons over daughters in succession decisions -- and the presence of first-born sons also made them exclude outside candidates. Read more...

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Unforeseen Crisis Made These Family Businesses Stronger
by Rebecca Alguera Kleine, Bingbing Ge, and Alfredo De Massis
Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

Popular
When the Family Leaves the Business, Can Their Values Remain?
by Roy Suddaby, Wilson Ng, Natalia Vershinina, Gideon Markman, and Matthew Cadbury
Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation