Regular Issue

March 13, 2023 - Issue #85

Falling from Grace: How Scandals Affect Family Businesses Falling from Grace: How Scandals Affect Family Businesses Feuds, deception and bad behavior can undermine your brand and your family's image. Here are four types of scandals and some notorious examples.
How Family Businesses Survive Unexpected ‘Wild Cards’ How Family Businesses Survive Unexpected ‘Wild Cards’ From government upheaval to COVID, Poland has dealt with many devastating events over the past 30 years. Fifteen family firms told us how they survived it all.
How Family Firms Can Ensure Being Sustainable Pays Off How Family Firms Can Ensure Being Sustainable Pays Off Potential customers and employees are more likely to trust a sustainability report if they understand that a family with strong values is behind it.
Diverse Boards Help Family Businesses Expand Internationally Diverse Boards Help Family Businesses Expand Internationally Pushing into new markets across geographic borders requires a family business to be more focused on possibilities…and this is where boards can make the difference.
How to Fix Succession Conflicts Stemming From Complicated Families How to Fix Succession Conflicts Stemming From Complicated Families Warring ex-spouses, far-flung families...Part 2 of our two-part series looks at how to fix succession challenges that are already underway.
March 2023
Succession Planning Should Start Earlier Than You Think Succession Planning Should Start Earlier Than You Think It's never too early to plan for succession and get family members ready for leadership. The authors share ideas from research and practice in this video and podcast.
New Ways Business Owners Can Use Boards New Ways Business Owners Can Use Boards Boards can help family firms align the interests of owners and managers, and "keep the wheels on the bus."
The Perils of Being Bought The Perils of Being Bought

Renowned UK clothing and streetwear retailer Wellgosh, a family-owned and run business for over 35 years, will soon close -- just two years after being bought by retail giant JD Sports.

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Recent
Nonfamily CEOs Are Most Vulnerable in the Middle Stage of Their Tenure
by Wei Shen, Cecilia Gu, and Lin-Hua Lu / Research Insight

Family businesses tend to give all CEOs time to prove themselves, but are tougher on outsiders who don’t deliver results after a few years.  Read more...

Can a Female CEO Lead to More Diversity at the Top?
by Paola Rovelli and Marco Mismetti / Research Insight

At family firms, decisions are often shaped by traditions, preferences, or informal dynamics that are not easy to override, even for the CEO. Read more...

Business Families Must Get Real About Growth and Payouts
by Joseph Astrachan and George Manners / Practice Insight

Sometimes the family grows much faster than the business, especially in saturated markets. This has deep implications for how we manage family and business expectations. Read more...

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...

Trending
How Family Dynamics Shape Family Businesses
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
Too Much Love in the Family Can Hurt
by Ines Herrero and Mat Hughes
Why Don't You Educate Your Owners?
by Tom Rüsen, Claudia Binz Astrachan, and Ruth Orenstrat
Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

Popular
Why Families and Their Firms Behave Badly
by Roland Kidwell, Kimberly Eddleston, Linda Kidwell, John Cater, and Ellison Howard
How to Pitch Your Startup to Attract Money
by Jonathan Littman and Susanna Camp
Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation