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 Firms May Need More Legal Advice Than They Think
by Kajsa Haag, Hanna Almlöf, Marina Madsen, and Mette Neville / Research Insight

Families are often reluctant to anticipate and plan for the day when an unexpected transition might upend their business. The costs of inaction are high. Read more...

How to Defuse and Recover From Family Business Conflict
by Kimberly Eddleston / Interviews

A clinical psychologist and family business advisor shares tips for cutting through emotions and focusing on conflict rationally and productively. Read more...

Helping Next-Gens Envision Their Family Firm’s Future Success
by Nadine Kammerlander and Friedrich Kammerlander / Education and Teaching

This classroom exercise seeks to motivate future family firm leaders to think ahead and design a holistic vision of their family firm in 10-15 years, covering many different (and potentially conflicting) aspects of it. Read more...

Better Let Your Brother Do It: Men Are Still Preferred in CEO Successions
by Jan-Philipp Ahrens, Melania Riefolo, Annegret Hauer, and Katharina Siegert / Research Insight

At 800 German firms, 81% chose sons over daughters in succession decisions -- and the presence of first-born sons also made them exclude outside candidates. Read more...

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Unforeseen Crisis Made These Family Businesses Stronger
by Rebecca Alguera Kleine, Bingbing Ge, and Alfredo De Massis
Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

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When the Family Leaves the Business, Can Their Values Remain?
by Roy Suddaby, Wilson Ng, Natalia Vershinina, Gideon Markman, and Matthew Cadbury
Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation