Timely and Timeless Advice for 2023

December 19, 2022 - Issue #79

Thicker Than Water: Balancing Individual Career Goals and the Family Business 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 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 '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 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 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? 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 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 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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Recent
When Family Business Reputation Helps—and When It Hurts
by Philipp Jaufenthaler, Roland Schroll, and Franz Kellermanns / Research Insight

Family firms often enjoy strong consumer goodwill, until they engage in deliberate misconduct -- when higher expectations can produce deeper disappointment and sharper backlash. Read more...

Why People Risk Belongs on Every Family Business Board Agenda
by Claudia Binz Astrachan and Lars B. Sonderegger / Practice Insight

Boards routinely scrutinize financial and strategic risk. But talent shortages, leadership culture problems, and succession gaps can erode long-term value just as quickly. Read more...

Before You Grow the Family Business, Know What Not to Break
by Meghan Lynch and Mat Hughes / Commentary

The challenge during succession is that not every inherited element deserves to be preserved. But not every piece of the legacy is safe to disrupt, either. Read more...

AI in Family Business: Why Brain Capital Is Your Real Competitive Advantage
by Doug Gray, PhD / Practice Insight

Family firms need AI, but it can't build trust or regulate conflict. Here's why Brain Capital—judgment, resilience, and governance maturity—will determine whether they thrive across generations. Read more...

Trending
How Families Can Re-Engage Reluctant Successors Without Pressure
by John Cater, Roland Kidwell, Megan Harper, and Marilyn Young
When Family Businesses Should Think Like Private Equity Firms
by Nadine Kammerlander and David Hoeflmayr
Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

Popular
Announcing Our 2024-25 Schulze Awards Winners
by Kimberly Eddleston and Mat Hughes
From 'Passing Down' to 'Building Up': Rethinking Values in Family Firms
by Viktoria Luft, Anne Katarina Heider, Heinrich Liechtenstein, and Tarek el Sehity
Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation