Help with a family business
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Fiduciary boards keep family firms focused on the long term, rather than on short-term, tactical strategies. But many family firms resist having one, fearful of losing control of their Read More...
Category: Interviews
Author: Kimberly Eddleston
Being a family firm enhances a brand's local appeal and influences consumer purchasing behaviors. Consumer preferences are increasingly favoring brands with a strong local identity. The reasons for Read More...
Category: Research Insight
Authors: Philipp Jaufenthaler , Andreas Kallmuenzer , Sascha Kraus and Alfredo De Massis
On an ideal board, directors with different levels of experience, backgrounds, and interests form a cohesive team that pulls in the same direction, and that achieves more together than "the sum of Read More...
Category: Practice Insight
Authors: Lars B. Sonderegger and Claudia Binz Astrachan
It can be dangerous to ask executive assistants or your CFO to manage your personal finances. RSM's Ben Berger shows why a separate office helps both business and family manage money responsibly. All Read More...
Category: Interviews
Author: Kimberly Eddleston
A conversation orientation in the family carries over to the business -- especially for women, who are increasingly becoming the family firm's "vocal heroes." Have you ever wondered if family Read More...
Category: Research Insight
Authors: Kristen Shanine and Kristen Madison
Anxiety, depression, and other conditions disrupt business operations and strain relationships. Ignoring them won’t make them go away. In the world of family businesses, success often comes with a Read More...
Category: Commentary
Author: Andrew Keyt
Over the past month the entertainment world has been buzzing about the reunion of Oasis, one of the major bands of the '90s. This concerns brothers Noel and Liam Gallagher, who were able to rise to Read More...
Category: Commentary
Author: Salvatore Sciascia
Family firms are strongly influenced by the behavior of family members in those organizations, thus toxic behavior is a major risk for the continuity and success of any family firm. A great deal of Read More...
Category: Research Insight
Authors: Benjamin McLarty and Daniel T. Holt
Many legendary business leaders -- think Steve Jobs, or Elon Musk -- have had troubled personal lives. According to business advisor and author David Werdiger, the same traits that make someone Read More...
Category: Commentary
Authors: Kimberly Eddleston and David Werdiger
The stories that families tell about their past matter. Here are some ways that families can begin to use the past to serve their present-day goals. Family firms often frame their history as a Read More...
Category: Research Insight
Authors: Christina Lubinski and William Gartner