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Research Applied: <i>FBR</i> Précis for the Practitioner
Advising / Consulting / Issues in the Family Enterprise

Research Applied: FBR Précis for the Practitioner

Two provocative articles on internal and external advisors to family enterprises. Thanks to the authors of the original research and to Maya Prabhu of the Coutts Institute and Thomas Schwarz, visiting scholar at Babson College, for these précis written especially for The Practitioner constituency. Go here for Maya Prabhu’s précis on Which Type of Advisors … Continue reading

Which Type of Advisors Do Family Businesses Trust Most? An exploratory application of socioemotional selectivity
Advising / Consulting / Issues in the Family Enterprise

Which Type of Advisors Do Family Businesses Trust Most? An exploratory application of socioemotional selectivity

(Authors: John T Perry, J. Kirk Ring and J. Christian Broberg) Research Applied précis prepared by Maya Prabhu, Coutts Institute Can a theory from the field of psychology help build our understanding of family business leaders’ decision making and, in particular, in their choice of advisors? The authors introduce us to Socioemotional Selectivity Theory (SEST) … Continue reading

All in the Family? An exploratory study of family member advisors and firm performance
Advising / Consulting / Issues in the Family Enterprise

All in the Family? An exploratory study of family member advisors and firm performance

(Authors: Lucia Naldi, Francesco Chirico, Franz W. Kellermanns, and Giovanna Campopiano) Research Applied précis prepared by Thomas V. Schwarz, Babson College & Black Forest, LLC Almost all firms use advisors of some type. Often, we think of advisors as external to the firm and family. However, we also know that family firms commonly use their … Continue reading

Myths and Realities: Roles and their overlap
Advising / Behavioral Science / Consulting / Family Business / Family Enterprise / Issues in the Family Enterprise

Myths and Realities: Roles and their overlap

Please enjoy the final issue in the special series on Myths and Realities: Roles and their overlap. Go here for Challenging Myths with a Group Reality Experience: Facilitating family enterprise members learning in forum groups Go here for Thoughts on the Myths and Realities of Structure: An advisor’s experience over time   Continue reading

Challenging Myths with a Group Reality Experience: Facilitating family enterprise members learning in forum groups
Advising / Behavioral Science / Consulting / Family Business / Family Enterprise / Issues in the Family Enterprise

Challenging Myths with a Group Reality Experience: Facilitating family enterprise members learning in forum groups

Facilitating more than 120 meetings over seven years with family enterprise members in forum groups has given me a rare and privileged opportunity to see family business myths discussed, challenged, and role-played. The understanding and education of individual members in this setting can be profound. Frequently group members will share their learning experience with others … Continue reading

Thoughts on the Myths and Realities of Structure: An advisor’s experience over time
Advising / Behavioral Science / Consulting / Family Business / Family Enterprise / Issues in the Family Enterprise

Thoughts on the Myths and Realities of Structure: An advisor’s experience over time

The Meeting Twelve people hungry for change are gathered in a room, even though they have strong reservations that anything can change. Despite their tone of discouragement, they finally agree to try and get beyond the impasse and see if they can move forward. The instruction given by the consultant/facilitator is: “Pretend that you are … Continue reading

Myths and Realities: Roles and their overlap
Advising / Consulting / Family Business / Family Enterprise / Governance / Issues in the Family Enterprise / Leadership / Trends in Family Enterprise

Myths and Realities: Roles and their overlap

The third issue in this series on Myths and Realities: Roles and their overlap explores the role of the individual in promoting family enterprise continuity. Go here for Myths and Utopias for a Never-Ending Project: An interview with Jaume Tomás Carulla Go here for The Myth of Working with the Family System   Continue reading