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. 
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...
Books, websites, videos and blogs can capture a family business's saga, with all its challenges and triumphs, and shape a powerful legacy. Read more...
Family firms -- indeed, any entrepreneur-led business -- should put aside the self-interest of different departments, and focus first on these critical factors. Read more...
Blessings in a Backpack can inspire any family-run business or organization that hopes to continue the founder's spirit and mission in the next generation. Read more...
Editorial offices located at St Thomas University
Supported by the Richard M Schulze Family Foundation