Tag: Family Business

Family Firms: How Much Cash is Enough?

For years, corporate governance scholars and activists have assumed that cash-rich companies are less vigorous about using resources, leading to the loss of shareholder value. In line with this view, Read more

Developing Competent Owners and Stewards for a Lasting Family Business

The ultimate goal of many enterprising families is growing a prospering organization stewarded by a committed group of united family owners. And while many succeed in developing a successful Read more

How the Next Generation Can Earn Legitimacy, Respect and Loyalty

Handing off the leadership of a family business is never easy, especially when the heir is viewed as entitled to the crown, rather than deserving of it. This interview with Robert Buday, author of Read more

Family Firm Values Start at an Early Age

In her third interview with Familybusiness.org, Mitzi Perdue shares strategies from her book entitled, " How to Communicate Values to Children So They'll Love It ." Values, as she points out, help Read more

Why Does EOS/Traction Work So Well for Family Businesses?

Imagine this not so uncommon family business situation. In a f ourth-generation family business, the transition between the previous generations always went from the father to son in the business: Read more

Thought Leader Dennis Jaffe: What the Best Family Businesses Get Right

Dennis Jaffe is a thought leader on family businesses -- an organizational consultant and clinical psychologist, and one of the architects of the emerging field of family enterprise consulting. He is Read more

10 Tips for a Blog that Builds Readership and Business

At dinner recently, a friend (Dave’s) began to kvetch about her adulting son. He had lived with her and her husband for a year after college. Finally, the grumpy, underemployed ingrate had moved Read more

Diversify Your Family's Risks by Returning to Its Entrepreneurial Roots

Family enterprises are the backbone of the world’s economy and critically important to the economic growth and development of every nation. On average, they outperform publicly owned non-family Read more

Strategies for Keeping Your Family Connected

In her second interview with Familybusiness.org, Mitzi Perdue shares strategies from her book entitled How to Keep Your Family Connected. This workbook, which complements her book How to Make Your Read more

Sinking ship? How one family firm sailed through several crises

By Tanja Leppäaho, Paavo Ritala and Mat Hughes In our personal lives, sometimes it takes a crisis – an illness, divorce, job loss or another challenge – to get us to change long-held attitudes Read more