Latest Entries
Family Business: Electrifying (Part 4)
FFI Global Conference / Latest Thinking in the Field

Family Business: Electrifying (Part 4)

“Pain” and “Innovation” are the topics for this week’s Practitioner. Are they at odds with each other conceptually or do they enable more successful outcomes for family enterprise clients? See what you think — and thanks to the authors and to Lanie Jordan, whose introduction for Week 4 of the Special Issue on “Manage the … Continue reading

Lesson for Family Advisors: “Not all pain is harmful”
FFI Global Conference / Latest Thinking in the Field

Lesson for Family Advisors: “Not all pain is harmful”

Two brothers, Andrew and Dave, started a health-related service business in Dave’s basement. The year was 2003. Twelve years later, revenues topped $60 million, employees exceeded 240, and Dave and Andrew occupied large corner offices in their national headquarters. During that profitable run, Dave became CEO, and nine vice-presidents, including Andrew, reported to him. But … Continue reading

Jumpstarting Innovation within the Family Firm: An interview with Alan Robinson
FFI Global Conference / Latest Thinking in the Field

Jumpstarting Innovation within the Family Firm: An interview with Alan Robinson

Lanie Jordan, co-chair of The Practitioner Editorial Committee interviews UMass’s Alan Robinson on corporate creativity and innovation. “In organizations with effective idea systems, roughly 80 percent of overall performance improvement comes from front line ideas.” Dr. Alan Robinson Lanie Jordan (LJ): Alan, please share with our readers how you became interested in studying, researching, and … Continue reading

Family Business: Electrifying (Part 3)
FFI Global Conference / Issues in the Family Enterprise

Family Business: Electrifying (Part 3)

By now you shouldn’t be shocked (pun intended) by the interesting articles that are appearing in the May issue of The Practitioner. See below for Rodolfo Paiz’s introduction to week 3. Yours in Practice, The Practitioner Dear Colleagues, I’m delighted to introduce this week’s Practitioner as we continue our May five-part series on Family Business: … Continue reading

Sparking Powerful Conversations in the Family Business
FFI Global Conference / Issues in the Family Enterprise

Sparking Powerful Conversations in the Family Business

Laine Jordan (LJ): You call yourselves Wealth Whisperers ™. Can you tell us more about how you define a wealth whisperer? Jamie Weiner (JW): I think advisors recognize that business owners have an added level of complexity in their lives — this holds true for wealth-holding families as well. This complexity is just a natural … Continue reading

The Power of Fear on the Family Firm: Avoiding a power outage
FFI Global Conference / Issues in the Family Enterprise

The Power of Fear on the Family Firm: Avoiding a power outage

As advisors, we see how fear grips family firms and interferes with the work we are hired to do. Decisions on issues like succession are delayed, and difficult conversations about wealth are avoided. We know what happens when those decisions and conversations are ignored, but how do we help our clients address fear in a … Continue reading

Short Circuiting in Succession Planning
FFI Global Conference / Issues in the Family Enterprise / Succession

Short Circuiting in Succession Planning

Practitioners and family enterprise clients short circuit all the time in succession planning. That doesn’t mean that the advisor/client relationship breaks down – although sometimes sparks do fly. For present purposes, short circuiting can look and feel like a complete stand still; nothing moves forward. This inertia is frustrating for both sides. Why does this … Continue reading