Regular Issue
//March 13, 2023 - Issue #85
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’ 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 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 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 Warring ex-spouses, far-flung families...Part 2 of our two-part series looks at how to fix succession challenges that are already underway. 
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 Boards can help family firms align the interests of owners and managers, and "keep the wheels on the bus."
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.
Best Buy Founder Richard Shulze and Ritch Sorenson of the University of St. Thomas explore the opportunities that come with a changing of the guard. Read more...
Books, websites, videos and blogs can capture a family business's saga, with all its challenges and triumphs, and shape a powerful legacy. Read more...
Family firms -- indeed, any entrepreneur-led business -- should put aside the self-interest of different departments, and focus first on these critical factors. Read more...
Blessings in a Backpack can inspire any family-run business or organization that hopes to continue the founder's spirit and mission in the next generation. Read more...
Editorial offices located at St Thomas University
Supported by the Richard M Schulze Family Foundation