Regular issue
//October 27, 2022 - Issue #74
Should Family Businesses Have Employee Ownership Plans? ESOPs can be an attractive option for family firms. If you're thinking of one, start the planning well before the owner retires.
Advice for Untangling Conflict in a Family Business Janme Sinha of Boston Consulting Group talks about how soft emotional issues and hard business issues can tear families apart.
Don't Send Your Kids to Work Outside the Family Business Just Yet! It's naturally assumed that future leaders should toil in the trenches somewhere else first, but this has some significant drawbacks.
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?
Family Firms: Like the Wolverine? A joint KPMG and STEP Project report suggests family businesses have built-in regenerative powers, just like Wolverine of the X-Men, and shares ways to tap these powers.
Should Family Members Be the 'Face' of Your Company? Making family members part of your business's image has both benefits and risks. How to weigh if it's the right move.
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. 
Next-gen leaders often have a clearer view of how the family business must change. The challenge is to preserve the culture and values while making change happen. Read more...
Business families have many ways to combine financial returns with philanthropy. The choice depends on their values, long-term goals and other factors. Read more...
The successor's readiness for the top role, and the firm's age and experience with previous successions, are main factors to consider. Read more...
Across a range of disciplines, researchers have sought to identify the “bad behavior” of family firms as well as its causes and effects. Such topics include family conflict, sibling rivalry, Read more...
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Supported by the Richard M Schulze Family Foundation