A Rose by Any Other Name: Family firm terminology as divider or unifier?
Thank you to Patricia Angus of the FFI Practitioner editorial committee for kicking off a month-long series of editions relating to the theme of “Reflections.” In this week’s edition, Patricia reflects on the complexities of defining some key terminology in the field. In upcoming weeks, we’re excited to continue this reflective theme with pieces by Jamie Weiner, Ken Moores, Paul Chung and Chin Chin Koh, and an interview with Dennis Jaffe. We hope you enjoy the series!
Research Applied: FBR Summaries for The Practitioner December 2013
This year’s final installment of assistant FBR editor Karen Vinton’s executive summaries recaps three articles from the December 2013 issue of FBR, which examine managing the boundary between family and business.
The Transparency Myth in Family Enterprises: The big reveal or less is more
In this week’s blog, Jamie Weiner of Inheriting Wisdom, raises some thought-provoking questions on what families and their enterprises should reveal and when, questioning the prevailing notion of advocating transparency as the “best practice” in family enterprise advising.
A Journey of a Thousand Miles Begins with a Single Step: Learning from 100 year family enterprises
This issue is a précis of an August 2013 research paper by Dennis Jaffe entitled “Good Fortune: Building a Hundred Year Family Enterprise.” It includes a summary of some counterintuitive results as well as helpful suggestions for practitioners.
Healthy Relationships Build Shareholder Value
This week’s article, “Healthy Relationships Build Shareholder Value,” explores five key concepts as a framework for developing multi-generational enterprises.
Structure and Integration: The Architecture of Succession
This week’s edition of The Practitioner addresses the transitions involved in family enterprise succession and describes how two structural techniques often employed in family enterprise.
How Does Knowledge Sharing among Advisors from Different Disciplines Affect the Quality of the Services Provided to the Family Business Client?
Today we have new twist on an old topic — multidisciplinary advising! For more than 25 years the Practitioner has lobbied for this approach. Many family enterprises globally have agreed.
Best Practices for Family Owner Governance? Research Provided and Opinions Wanted!
This issue of The Practitioner features a blog, based on an article, based on an upcoming book – all on the topic of Family Owner Governance.
Do We Need to Use an Accountant? The Sales Growth and Survival Benefits to Family SMEs
In the third article of the FBR Special Issue on Family Enterprise Advising, “Do We Need to Use an Accountant?” the conventional wisdom of using accountants is discussed from a sales growth and survival benefit approach.
Fighting for the Crown: The father/son relationship in first generation family enterprises
This week the Practitioner features an article by Moveed Fazail, Founder & President of International Family Business Group (IFBG), on the age-old topic of father/son relationships in first generation family enterprises.
The Roleski Constitution: A Young Company’s Desire to Keep Family Firm over Generations
This week’s article by Jacek Lipiec, assistant professor at the Warsaw School of Economics, describes the process by which Firma Roleski developed a family business constitution.
Family Business Governance: A never ending challenge and a new area for research?
Family Business Governance: A never ending challenge and a new area for research? Prof. Wolf Nietzer, MBA, LL.M.
Research Applied: FBR Summaries for The Practitioner June 2013
Karen Vinton’s Executive Summaries recap two articles from the June 2013 issue of FBR. In Is Nepotism Good or Bad? Types of Nepotism and Implications for Knowledge Management the authors look at two categories of nepotism, reciprocal and entitlement.
US Public Policy and Family Enterprise: An Interview with CEO Jeff Ahola
Read our interview with Jeff Ahola, CEO of The Ahola Corporation, a family-owned, national payroll and workforce management company that provides tools and resources for family enterprises.
Research and Practice: FBR Special Issue
The Practitioner is pleased to bring you the first in a series of preview articles from the FBR September 2013 Special Issue on Advising Family Enterprise, co-edited by Trish Reay, University of Alberta, and W. Gibb Dyer, Brigham Young University.
Financial Time’s Global MBA Rank 2013
This week’s blog from the Practitioner features five of the Financial Time’s Global MBA Rank 2013. Please enjoy the latest takes on some familiar family enterprise topics from thought leaders around the world!
The Benefits of Rest, Reprieve, Relaxation, and Rejuvenation
Two types of stress punctuate personal experience. Eustress (pleasant or curative stress) is inspirational and motivational.
Universities: A resource for you and your clients
According to today’s blogger Greg McCann, students who are members of family enterprises, whether or not they have worked or will work in the business, should have at least a basic grounding in how family firms operate.
How Coaching and Consulting Work Together to Complete the Puzzle of Sustainable Change, an article by Carmen Lence
In any family enterprise, the founders or senior members may doubt their decisions or the family may question their intentions.
Research Applied: FBR Summaries for The Practitioner March 2013
Karen Vinton’s Executive Summaries recap two articles from the March 2013 issue of FBR. In Should My Spouse Be My Partner?