Our Latest Articles
//September 18, 2023 - Issue #97
Will Your In-Laws Help or Hurt Your Family Business? As the Gucci and royal families show, in-laws can complicate things. Here's how family businesses can benefit from their perspectives and minimize conflict.
Why Family Businesses Must Mind the (Generation) Gap Older leaders should be curious about how next-gens view the world, and younger leaders-to-be should have patience with their elders and honor what they've created.
What If a Hedge Fund Invests in my Family Business? At many publicly traded firms, the presence of activist investors forces them to innovate. This didn't hold true at the family businesses we studied.
Founders: Let Next-Gens be Entrepreneurial Rania Labaki, a professor at the EDHEC Business School in France and director of its Family Business Center, says that founders must allow their future leaders to have an entrepreneurial spirit. 
Attract and Retain the Best People As You Grow Small firms growing into midsized need a new approach to talent. Give current employees the skills they need to help you grow, and make your firm a desirable place to work.
The Paradox of Choice: Wealth's Impact on Family Potential We tend to think that opportunity serves only to increase available choices. But when we think more broadly, it’s not hard to see how increased opportunity can also limit choice.
Small and Medium-Sized Firms Are Less Prepared for Crises Research found that they often lack the resources to assess their risk and plan for the worst -- putting their financial health at risk when disaster strikes.
What to Do When It's Your Turn to Lead Kimberly Eddleston Your relatives spent years, maybe decades, building a business, and now it's your turn to take over. Fear and self-doubt are normal. Here's how to take over the reins with confidence.
Family firms don’t have goals—people do. The rise and fall of Italy's Florio dynasty shows how successor motivation shapes the balance between growth, legacy, and community—and how families can buildl more durable, values-led leadership. Read more...
A stewardship climate, where employees feel trusted and truly valued, mobilizes nonfamily employees to defend the family firm against reputational threats. Read more...
A Ukraine-based family business installed a board to provide structure as it scaled globally. Here's how the owners overcame top managers' fears and won their support. Read more...
Digital communication speeds up family business decisions—but it also accelerates conflict. Based on 100+ pages of real emails and texts, here are 11 signs that an all-out brawl is coming. Read more...
Editorial offices located at St Thomas University
Supported by the Richard M Schulze Family Foundation