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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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How Do Owners of Family Business Portfolios Restructure Poorly Performing Firms?
by Marina Palm, Vanessa Diaz Moriana, and Nadine Kammerlander / Research Insight

Families can get emotionally attached to laggards in their portfolios and avoid taking tough but necessary action, putting the entire enterprise in peril. Read more...

Academy of Management Honors FamilyBusiness.org Editor Kimberly Eddleston
by Catherine Buday / Commentary

The award recognizes her role in launching and growing the world's leading website for supporting and educating family businesses. Read more...

How Women Directors Decrease Cost of Capital at Family Businesses
by Rafaela Gjergji, Luigi Vena, Giovanna Campopiano, Salvatore Sciascia, and Alessandro Cortesi / Research Insight

Family firms face higher borrowing costs than non-family firms if they disclose strategic information, but having women on their boards helps them narrow the gap. Read more...

Storytelling Vividly Illustrates Your Family Business Values
by Eva Fischer Hansen / Practice Insight

Passing on stories among family members from one generation to the next is one powerful way values can be passed through multiple generations without being reduced to meaningless words. Read more...

Trending
Helping Next-Gens Envision Their Family Firm’s Future Success
by Nadine Kammerlander and Friedrich Kammerlander
When the Family Leaves the Business, Can Their Values Remain?
by Roy Suddaby, Wilson Ng, Natalia Vershinina, Gideon Markman, and Matthew Cadbury
Family Business Succession Planning: 10 Golden Rules
by Tom Rüsen, Torsten Groth, and Arist von Schlippe
Women on Family Business Boards Shun Layoffs
by Jessenia Davila, Luis Gomez-Mejia, Fernando Muñoz-Bullon, and Maria J. Sanchez-Bueno
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