Regular Issue

November 28, 2022 - Issue #77

Over My Dead Body: The Unseen Influence of Wives on Succession Over My Dead Body: The Unseen Influence of Wives on Succession Even for women involved in the business themselves, attitudes towards having their children assume leadership can be complicated.
The Family Business 'Generation Gap' Can Undermine Success The Family Business 'Generation Gap' Can Undermine Success Money, opportunity and succession are all areas where the generations often don't communicate with each other. Professor Peter Jaskiewicz shares insights from his acclaimed new book.
To Survive a Crisis, Re-Think Your Family’s Ties To Survive a Crisis, Re-Think Your Family’s Ties The good will and bonds that family members have with one another and with outside stakeholders can help the business survive.
Does the Family Matter? Improving Executive Compensation Practices in Family Firms Does the Family Matter? Improving Executive Compensation Practices in Family Firms Leaders must think about not only how much to pay managers, but also whether all should receive equal pay, whether merit plays a role, and how non-family executives should be compensated.
Accidentally Falling Into the Family Firm Accidentally Falling Into the Family Firm

The second-generation future leader of a consultancy reflects on her early reluctance to enter the family business, and on what changed her mind.

November 2022
Using Family Values for Business Success Using Family Values for Business Success A family's enduring values, fully believed and truly lived, can be a compass in hard times and a competitive advantage.
Your Family Needs An Emergency Succession Plan Your Family Needs An Emergency Succession Plan Most succession plans have a blind spot: they implicitly assume a planned, orderly transition over time. What if the unthinkable happens?
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Recent
Merging With Another Family Firm is Safer and Smarter
by Francesco Chirico, Robert E Hoskisson, Seemantini Pathak, and Massimo Baù / Research Insight

Family business mergers enjoy greater harmony and better financial performance than mergers involving non-family firms. Read more...

Unready and Unadvised: The Silent Crisis in Family Wealth Transfer
by Srbuhi Avetisyan / Practice Insight

A study of 13,500 family firms shows that nearly half of heirs don’t know where the assets are -- and 3 in 5 wouldn’t know what to do if the founder died suddenly. Read more...

AI Adoption in Family Business: Balancing Trust and Tech
by Doug Gray, PhD / Practice Insight

Using AI can be risky in settings where confidentiality is key, but it can be indispensable in developing innovative services that clients expect. Here's how to harness it safely.  Read more...

A Family Council Can Help Larger Families Stay Connected
by Kimberly Eddleston / Interviews

Consider one if your family business has 15 or more relatives involved, or multiple generations. Read more...

Trending
Consumers Love Local Brands. That's Good News For Family Businesses
by Philipp Jaufenthaler, Andreas Kallmuenzer, Sascha Kraus, and Alfredo De Massis
Business Families Must Get Real About Growth and Payouts
by Joseph Astrachan and George Manners
How Family Dynamics Shape Family Businesses
by Joseph Astrachan and Claudia Binz Astrachan
Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

Popular
Tariffs, Turmoil, and Family Tiffs: Navigating the Current Chaos
by Joseph Astrachan and Claudia Binz Astrachan
Why Don't You Educate Your Owners?
by Tom Rüsen, Claudia Binz Astrachan, and Ruth Orenstrat
How Family Businesses Survive Unexpected ‘Wild Cards’
by Wojciech Czakon, Monika Hajdas, and Joanna Radomska
Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation