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
Why Family Business Founders Struggle to Step Back During Succession
by Paul Edelman / Practice Insight

Founder resistance is often more complicated than control. Empathy can help families understand what founders are trying to protect — and what their continued involvement may be preventing. Read more...

Fair Does Not Always Mean Equal: Ownership Decisions in Family Business
by Claudia Binz Astrachan, Lindsay Hardie, and Joseph Astrachan / Practice Insight

Families often struggle to decide whether shares should be divided equally among children or reflect leadership, sacrifice, and “sweat equity.” Read more...

Why Family Business Strengths Can Become Weaknesses in a Crisis
by Michael Kuttner / Research Insight

Family businesses often rely on loyalty, long-term thinking and strong relationships. But research shows those same strengths can backfire when crisis hits. Read more...

Can a Family Stay a Business Family After Selling the Business?
by Clemens Krüger, Christian-Titus Klaiber, and Reinhard Prügl / Research Insight

A study of German family firms shows that regular, meaningful contact between the family office and the family can preserve shared purpose after an exit. 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