The Allegory of Conflict: Managing collisions in the family business
In this article GEN (Global Education Network) 501 faculty member Anthony Devine looks at three sources of conflict in the family business.
Myths and Realities: University-based family enterprise education
Continuing our yearlong theme of “Myths and Realities,” this issue identifies relevant facts on family business programs at universities worldwide as well as featuring some of the results of the 3rd Annual Family Enterprise Case Competition.
Myths and Realities: Behavioral Science
This issue is the first in a series of periodic articles on the yearlong theme of Myths and Realities.
Research Applied: FBR Summaries for the Practitioner
This issue is the last in the 2014 series of executives summaries and suggestions for practitioners on articles from the Family Business Review.
Summary 1: Family Involvement and Dividend Policy in Closely-Held Firms
Executive Summary prepared by Andrew Hier, senior partner, Cambridge Advisors to Family Enterprise, FFI Fellow. How does family involvement affect dividend policy in closely-held firms?
Summary 2: Financial Decision Making in Family Firms: An adaptation of the theory of planned behaviour
The following situation will be familiar to many practitioners who work with enterprising families; in fact it might have frustrated them on occasion.
Summary 3: Professionalization of Family Business and Performance Effect
Grounded in the context of the emerging economies, this paper seeks to examine the professionalization of family firms and the related performance impact during the post-IPO (Initial Public Offering) stage.
Summary 4: Family Involvement and Post-IPO Investment Policy
Executive Summary prepared by Karen Vinton, Professor Emeritus, Montana State University Two firms have just successfully completed an IPO. What post-IPO investment policy will the firms implement? How much cash will the firm keep?
Celebrating and Inspiring Philanthropy around the World
Following on ten other articles on philanthropy this year, The Practitioner is pleased to present “Celebrating and Inspiring Philanthropy around the World” by Lenka Setkova.
Four Myths & Realities in the Constellation of Issues that Family Businesses Face
Too often, consultants to family enterprise take the same approach used when serving the C-suite of a Fortune 500 firm.
An External Perspective: The role of the outsourced CIO for business-owning families
A family may own and operate an extremely well-run, highly successful business yet be surprisingly disorganized in its approach to managing the wealth generated by that business.
The Devil’s in the Details: Search and recruiting for key family office and family business positions
Listen to an audio interview with Linda Mack, CEO of Mack International on “The Devil’s in the Details: Search and recruiting for key family office and family business positions".
Practitioners and the Role of the Family Champion
Family enterprise practitioners use the foundational belief that our work occurs in the intersections between the business, family and ownership groups.
Is “Ready, Willing and Able” Enough?
As practioners who work with business families, we are often asked to bring our outsider’s perspective to help families objectively evaluate the capabilities of their human resources.
Position Open: Chief Collaboration Officer (CCO)
The Foster Family Conundrum The Foster family was sitting around its kitchen table just as it always had to discuss the upcoming promotion for their Fall line of pet accessories.
The Systemic Perspective at the Family Enterprise Field
In this brief article, I will quickly talk about the systemic perspective and cover some frequent dynamics that we find at family enterprises, while trying to give recommendations for professionals working with those types of enterprises.
Addiction, Advisors and Alliances: Working together to address complex family issues
Even within the healthiest family systems, advisors to high net worth families have to balance competing agendas, challenging family dynamics and the preservation of wealth.
Daughters in Family Enterprises: Implications and opportunities for family practitioners
Daughters raised in family businesses in the Millennial generation are increasingly seeking the opportunity to be leaders at work and within their communities.
A Western Woman Advising Saudis on Governance: Cultural differences & similarities
The Kingdom of Saudi Arabia is a “closed” country: a visa is needed to enter, and they are not easily granted.
Family Harmony Myth in Spain and Latin America
Have you ever found a family harmony myth in your family client? Probably we all meet these myths when working with our clients.