Timely and Timeless Advice for 2023

December 19, 2022 - Issue #79

Thicker Than Water: Balancing Individual Career Goals and the Family Business Whose aspirations are being fulfilled with family company employment – the individual’s, the family’s, or both? This study explores the fault lines where individual and group needs meet.

Family Business Experts: How to Survive the Holidays We're republishing this popular article from year-end 2019, which includes timeless advice about getting along from our family business editors.

'Big Family:' Relatives Outside the Family Business Can Help It Thrive Too often, family businesses are caught up in their own small circle of relationships. Expanding that circle provides fresh perspectives and helps them thrive.

Innovating With Agility: Tips and Tricks for Resurgence and Growth Any crisis brings opportunities to rethink what your family business can do or should do moving into the future. This article and podcast will stimulate reflection.

What Families in Conflict Can Learn from Baseball and Teachers Using a hybrid of mediation and arbitration offers a real chance to preserve family relationships during a difficult period of conflict.

December 2022

Family Businesses: The Greener, the Better? To get the best payback from environmental initiatives, look to younger generations and non-family members inside and outside the firm.

Dealing with Inflation: Advice From the Experts Keep moving forward; adjust your product portfolio and brand; and manage your family and your money.

Winemakers Provide Lessons on Resilience For venerable winemakers who’ve survived for generations, resilience is very subjective, and perception shapes how they pursue it.

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Business Families Must Get Real About Growth and Payouts

Your CEO Affects How Outsiders Perceive Your Brand

ESG Essentials For Family Firms

Family Firms: The Time to Learn About AI is Now

Popular Topics

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Recent

Tariffs, Turmoil, and Family Tiffs: Navigating the Current Chaos

by Joseph Astrachan and Claudia Binz Astrachan / Practice Insight

You can support your business through economic uncertainty and maintain unity and commitment. Read more...

Why Some Job Seekers Avoid Family Firms

by Duygu Phillips, Kristen Madison, Sandra Wolf, Andreas Hack, and Franz Kellermanns / Research Insight

Family firm branding can make a company appear authentic, but it's also important to convey innovativeness, prestige, and a fair shot at getting ahead. Read more...

Outsource or Hire? Advice for Family Businesses

by Kimberly Eddleston / Interviews

Ben Berger and Ron Nahass of RSM talk about the benefits of letting outside contractors handle critical business functions. Read more...

Generational Experiences Shape Family Business Leaders' Priorities

by Ileana Maldonado, Paul Sanchez, and Annaleena Parhankangas / Research Insight

Beliefs about success, responsibility, and value creation reflect the time and place in which business owners grew up. Religion and strong family ties magnified the impact. Read more...

by Joseph Astrachan and Claudia Binz Astrachan

Consumers Love Local Brands. That's Good News For Family Businesses

by Philipp Jaufenthaler, Andreas Kallmuenzer, Sascha Kraus, and Alfredo De Massis

How Family Businesses Survive Unexpected ‘Wild Cards’

by Wojciech Czakon, Monika Hajdas, and Joanna Radomska

Outside Leadership Can Save the Family Business

by Robert Sher

Why Don't You Educate Your Owners?

by Tom Rüsen, Claudia Binz Astrachan, and Ruth Orenstrat

Too Much Love in the Family Can Hurt

by Ines Herrero and Mat Hughes