Regular issue

October 27, 2022 - Issue #74

Should Family Businesses Have Employee Ownership Plans? 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 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! 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 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? 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.

October 2022
Should Family Members Be the 'Face' of Your Company? 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 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.
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Recent
Inside the Family Business Boardroom: How Better Meetings Lead to Better Decisions
by Isabel C Botero, Miguel Méndez, and Pedro Vazquez / Research Insight

Board effectiveness isn’t just about who sits at the table—it’s about what happens during the meeting. Research reveals the hidden dynamics shaping family business decisions. Read more...

Family Businesses Must Prepare for the Unthinkable
by Kimberly Eddleston / Commentary

An unexpected death or disability can wreak havoc on a family business's best-laid plans. Read more...

How Families Can Override Emotions to Make Better Judgments
by Paul Edelman / Practice Insight

When decisions become emotionally charged, it becomes harder to think clearly just when clear thinking is needed most. Read more...

What the Public Gets Wrong About Family Businesses
by Katie Rucker / Commentary

A new study shows that insiders see ambition, innovation, and complexity, but outsiders see tradition. Bridging that divide is key to future success. Read more...

Trending
How Family Dynamics Shape Family Businesses
by Joseph Astrachan and Claudia Binz Astrachan
Things to Consider When Transferring Family Business Ownership
by Susan Lanz, Gary Burke, Kajsa Haag, and Omid Omidvar
Editorial offices located at St Thomas University

Editorial offices located at St Thomas University