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August 12, 2022 - Issue #67

Family Business Professors: 34 Ways to Energize Your Class Family Business Professors: 34 Ways to Energize Your Class These free classroom exercises, interviews and other resources will add new energy, fun and inspiration to your students' course work.
Should Your Next CEO be From Outside the Family? Should Your Next CEO be From Outside the Family? What happens when the best leader for your family business isn't part of the family? One company decided to look outside, and it improved family relationships.
How Family Businesses Can Attract and Keep the Best People How Family Businesses Can Attract and Keep the Best People We interviewed four founders of family businesses to learn about their challenges and what's working.
Team Exercise: How Parenting Styles Affect The Next Generation Team Exercise: How Parenting Styles Affect The Next Generation This experiential exercise is designed to enhance student learning about the four parenting styles and how they affect the dynamics within the family firm.
Double Trouble or Twice the Power? Double Trouble or Twice the Power?

What happens when twins run a business together? From being compared to embracing their own differences and synergies, twins can make for a remarkable family business.

August 2022
EIX, Family Business Reach New Heights: 3.5 Million Visitors EIX, Family Business Reach New Heights: 3.5 Million Visitors Together the sites attracted more than 5.8 million page views. Familybusiness.org is now the world’s most-visited website for family firms.
Learning How Family Business Leaders Make Decisions Through Interviews Learning How Family Business Leaders Make Decisions Through Interviews This exercise allows students to apply core family business concepts to a real-world business context, reinforcing their grasp of the course materials.
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‘SOBs’: The Real Power in Family Businesses
by Naveen Khajanchi / Commentary

Saviors Of the Boss have the trust of company leaders and often serve as their gatekeepers. How to understand them and work with them. Read more...

Craft Ventures are More Successful With a Couple at the Helm
by Jennifer Woolley and Jo-Ellen Pozner / Research Insight

Family firms take note: A study of chocolate makers showed that shared values, commitment, and a long-term outlook are good for both relationships and business.  Read more...

Articles About Relationships, Succession Were Top Draws in 2024
by Kimberly Eddleston and Mat Hughes / Commentary

Many readers wanted advice about handling toxic family relationships, managing succession, and preserving the family’s values over time. Read more...

Hiring Mom and Dad? Optimize Their Strengths and Manage Boundaries
by Kimberly Eddleston / Interviews

Sharon Beck, owner of a Jovie Childcare franchise, shares her insights on the benefits and challenges of being your parents' boss. Read more...

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Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

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Family History Can Be Repurposed to Serve Today's Challenges
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Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation