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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How Leaders Can Transfer Their Great Instincts to Successors
by Kimberly Eddleston / Interviews

A leader's tacit knowledge can make the company more successful, but it's a challenge to understand what's behind it or how to pass it down to next-gens. Read more...

Inside the Family Business Boardroom: How Better Meetings Lead to Better Decisions
by Isabel C Botero, Miguel Méndez, and Pedro Vazquez / Research Insight

Board effectiveness isn’t just about who sits at the table—it’s about what happens during the meeting. Research reveals the hidden dynamics shaping family business decisions. Read more...

Family Businesses Must Prepare for the Unthinkable
by Kimberly Eddleston / Commentary

An unexpected death or disability can wreak havoc on a family business's best-laid plans. Read more...

How Families Can Override Emotions to Make Better Judgments
by Paul Edelman / Practice Insight

When decisions become emotionally charged, it becomes harder to think clearly just when clear thinking is needed most. Read more...

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Editorial offices located at St Thomas University

Editorial offices located at St Thomas University