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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When Is a Family Business Leader Too Old?
by Salvatore Sciascia / Commentary

Recent events in the US Presidential race have focused many on the question: When is someone too old to lead? Here's how family firms can think things through. Read more...

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...

Trending
How Family Dynamics Shape Family Businesses
by Joseph Astrachan and Claudia Binz Astrachan
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