Our Latest Articles

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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Family Business Budget Planning: 7 Things to Consider
by Joseph Astrachan / Practice Insight

Family firms -- indeed, any entrepreneur-led business -- should put aside the self-interest of different departments, and focus first on these critical factors. Read more...

Daughter Continues Mom's Legacy of Helping Others
by Kimberly Eddleston / Interviews

Blessings in a Backpack can inspire any family-run business or organization that hopes to continue the founder's spirit and mission in the next generation. Read more...

Self-Interest Can Skew Budgets at Family Businesses
by Joseph Astrachan / Practice Insight

Realistic budgets are powerful planning tools. But the motivations of owners, sales people, the production staff, and others can get in the way. Read more...

Why Prominent Business Families Dive Into Politics
by Marcelo Ortiz M. / Research Insight

A Chilean study found that the reasons go beyond protecting the family’s assets and economic interests. Read more...

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How Family Dynamics Shape Family Businesses
by Joseph Astrachan and Claudia Binz Astrachan
Managing Emotional Minefields Within Family Businesses
by Dr. Ayoosha Saleem, Francesco Barbera, Simon de Jong, and Arvid Hoffmann
Family Business Succession Planning: 10 Golden Rules
by Tom Rüsen, Torsten Groth, and Arist von Schlippe
Editorial offices located at St Thomas University

Editorial offices located at St Thomas University