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
Family Ownership Can Undermine Financial Health
by Ivan Miroshnychenko, Rui Torres de Oliveira, Alfredo De Massis, and Ruth Überbacher / Research Insight

However, those who invested more in R&D and operated in countries with strong and supportive institutions enjoyed better market capitalizations. Read more...

The 7 Gears of Leadership, And When to Use Each One
by Andrew Keyt and Greg McCann / Applied and Practice

Leaders acquire tremendous human capacities as they rise to the top. Their challenge is to deploy the right strength for each difficult situation. Read more...

Family Firms: Building Resilience Across Generations
by Douglas Hassell and Kimberly Eddleston / Applied and Practice

Building on three specific attributes -- long-term orientation, social capital, and values-driven governance -- helps families build strengths for generations to come.  Read more...

Invite Your Next Gens to Leadership
by Kimberly Eddleston / Interviews

A family business adviser shares how to improve family dynamics to help younger family members get ready for top roles. Read more...

Trending
Things to Consider When Transferring Family Business Ownership
by Susan Lanz, Gary Burke, Kajsa Haag, and Omid Omidvar
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
Consumers Love Local Brands. That's Good News For Family Businesses
by Philipp Jaufenthaler, Andreas Kallmuenzer, Sascha Kraus, and Alfredo De Massis
Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation