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
The Next Generation Can Help the Family Firm Innovate
by Richard Schulze and Ritch Sorenson / Commentary

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...

Single Family Offices as Owners: Long-Term Investors or Financial Optimizers?
by Joern Block, Reza Fathollahi, and Onur Eroglu / Research Insight

The capital structure of a firm determines its financial viability and creditworthiness. Families should understand how ownership influences this structure. Read more...

Family Business Stories Build a Legacy For the Next Generation
by Kimberly Eddleston / Interviews

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 Business Budget Planning: 7 Things to Consider
by Joseph Astrachan / Practice Insight

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...

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Family Firms May Need More Legal Advice Than They Think
by Kajsa Haag, Hanna Almlöf, Marina Madsen, and Mette Neville
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
Managing Emotional Minefields Within Family Businesses
by Dr. Ayoosha Saleem, Francesco Barbera, Simon de Jong, and Arvid Hoffmann
Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation