Our Latest Articles

July 26, 2023 - Issue #94

Family Offices: The Sober Guardians of Family Wealth Family Offices: The Sober Guardians of Family Wealth Often an impartial third party is the best choice to manage the family wealth for future generations and the business's longevity.
Sherri Noxel

Editor's Pick

Sherri Noxel

'Letting Go'

Oregon winery entrepreneur Susan Sokol Blosser is one of the founders of Oregon’s wine industry and a prolific writer. In “Letting Go” she captured the very personal and painful journey of exiting a family business that she founded. It’s the type of honest book about succession that is hard to find. Her first book, “Gracious and Ruthless: Surprising Strategies for Business Success,” shares her point of view as a woman founder in a traditionally male industry.

http://www.susansokolblosser.com
Do Family Meals Fuel Entrepreneurship in Family Businesses? Do Family Meals Fuel Entrepreneurship in Family Businesses? Families with diverse education and industry experience fuel the fire of entrepreneurship when they dine together frequently. 
Helicopter Parenting Can Hurt Future Family Business Leaders Helicopter Parenting Can Hurt Future Family Business Leaders A counselor's advice: Do less, say less and watch more. Let your children make mistakes and experience the consequences.
How All Kinds of Businesses Can Use AI Productively How All Kinds of Businesses Can Use AI Productively This video, also available as a podcast, explores how entrepreneurs, family businesses, and others can use artificial intelligence in practical ways.
5 Ways to Keep Your Kids From Fighting Over Your Will 5 Ways to Keep Your Kids From Fighting Over Your Will Communicate early and often, get input, be fair and detailed about your plans, and write a letter to your children explaining your choices.
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Recent
Selling the Family Business? Prepare the Family for What Comes Next
by Susana Quintás / Applied and Practice

A business sale changes more than ownership. Families must also rethink governance, roles, wealth, identity, and purpose after the company is gone. Read more...

How Family Business Succession Shapes Innovation in the Next Generation
by Ludovica Del Barone, Maria Annosi, Filomena Buonocore, and Evelyn Micelotta / Research Insight

Research on 16 family businesses reveals why some successors build on the previous generation’s innovations while others rarely or never innovate. Read more...

When Political Differences Threaten the Family Business
by Paul Edelman / Practice Insight

Political differences can turn dangerous when family members begin dismissing one another’s business judgment based on political identity. Read more...

Why Every Family Business Leader Needs a Peer Group
by Justin Smith / Applied and Practice

More than 300 peer-group meetings show what happens when family business leaders have a trusted place to talk with people who truly understand their challenges. Read more...

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Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

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Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation