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September 12, 2022 - Issue #70

Firm But Flexible Parents Raise the Best Family Business Leaders Firm But Flexible Parents Raise the Best Family Business Leaders Overly strict and overly permissive parents are not doing their children or the family business any favors. "Authoritative" parents have the best results.
What All Family Businesses Can Learn From the Merck Family What All Family Businesses Can Learn From the Merck Family The Germany-based global health care, pharmaceutical and performance materials firm has kept its vast family ownership team aligned for 13 generations.
Women Can Help Family Firms Innovate – but Socioemotional Factors Matter Women Can Help Family Firms Innovate – but Socioemotional Factors Matter Even as more women step into leadership roles at family firms, long-held attitudes and practices may prevent the business from realizing all the benefits they can bring.
How to Keep Remote Workers Inspired and Engaged How to Keep Remote Workers Inspired and Engaged Tradition-bound businesses will need to change how they manage people to keep them happy and focused on achieving business goals.
Be Yourself: Advice For Women in Professional Services Businesses Be Yourself: Advice For Women in Professional Services Businesses Women in finance and other businesses that sell advice can struggle in male-dominated cultures -- but they can flourish in their own businesses. These tips from financial advisors can help.
September 2022
Family CEO Burnout: How to Prevent, Recognize and Deal With It Family CEO Burnout: How to Prevent, Recognize and Deal With It How can leaders keep themselves from getting worn down or recognize burnout in themselves? And what should family members do if they see their leader struggling?
'Big Family:' Relatives Outside the Family Business Can Help It Thrive 'Big Family:' Relatives Outside the Family Business Can Help It Thrive Too often, family businesses are caught up in their own small circle of relationships. Expanding that circle provides fresh perspectives and helps them thrive.
Rest in Peace, Your Majesty Rest in Peace, Your Majesty

All of us at familybusiness.org mourn Queen Elizabeth II's passing, and reflect on her unflagging class and dignity in leading one of the world's most visible and remarkable families.

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You're Adding a Board of Directors. Is Your Management Team Ready?
by Rostyslav Vovk / Commentary

A Ukraine-based family business installed a board to provide structure as it scaled globally. Here's how the owners overcame top managers' fears and won their support. Read more...

The 11 Digital Warning Signs of Conflict Escalation in Business Families
by Christina Strauss, Arist von Schlippe, Franz Kellermanns, and Torsten Pieper / Research Insight

Digital communication speeds up family business decisions—but it also accelerates conflict. Based on 100+ pages of real emails and texts, here are 11 signs that an all-out brawl is coming. Read more...

Announcing Our 2024-25 Schulze Awards Winners
by Kimberly Eddleston and Mat Hughes / Commentary

These awards recognize exceptional thought leadership, clarity of perspective, and the ability to bridge research and practice. Read more...

Preparing for the Next Generation Starts with Being Investor-Ready
by Michael Paull / Applied and Practice

The most important investor may be your own successors. Investor readiness supports smooth transitions, builds trust, enhances enterprise value, and keeps strategic options open—whether you sell, recapitalize, or stay independent. Read more...

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Family CEOs May Encourage More Innovation Than Non-Family Leaders
by Mario Daniele Amore, Morten Bennedsen, Bordin Bordeerath, and Nicolai Foss
Things to Consider When Transferring Family Business Ownership
by Susan Lanz, Gary Burke, Kajsa Haag, and Omid Omidvar
From 'Passing Down' to 'Building Up': Rethinking Values in Family Firms
by Viktoria Luft, Anne Katarina Heider, Heinrich Liechtenstein, and Tarek el Sehity
Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

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How Family Dynamics Shape Family Businesses
by Joseph Astrachan and Claudia Binz Astrachan
Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation