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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Fair Does Not Always Mean Equal: Ownership Decisions in Family Business
by Claudia Binz Astrachan, Lindsay Hardie, and Joseph Astrachan / Practice Insight

Families often struggle to decide whether shares should be divided equally among children or reflect leadership, sacrifice, and “sweat equity.” Read more...

Strong Family Businesses Think Short Term and Long Term at the Same Time
by Vanessa Diaz Moriana, Eric Clinton, Catherine Faherty, and Colm O'Gorman / Research Insight

In a crisis, family firms cannot afford to focus only on immediate survival or future legacy. The most resilient ones do both, drawing on past lessons, trusted relationships, and long-standing networks. Read more...

Helping Daughters Become Successful Family Business Leaders
by Simon Caspary and Tom Rüsen / Applied and Practice

Daughters can become strong and credible successors when families involve them early, clarify authority, support professional development, and make room for new models of leadership. Read more...

The Hidden Fault Lines That Threaten Family Enterprises
by Matthew Crudgington and Peter Vogel / Practice Insight

From death and divorce to disruption and disrepute: these 12 hidden risks can weaken family enterprises over time. Read more...

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Editorial offices located at St Thomas University

Editorial offices located at St Thomas University