Differentiation Through Family Business Brands
Whether or not to highlight the involvement of the family in the business’ branding as a means of differentiating the business from its competition, is a question that confronts many family-owned businesses. In this week’s FFI Practitioner, Isabel Botero and Tomasz Fediuk explore both sides of this issue and share three central aspects of family business branding.
Research Applied: FBR Précis for FFI Practitioner
Thanks to Navneet Bhatnagar of the FBR Research Applied Board for sharing this thoughtful précis of “The Intersection of Family Firms and Institutional Contexts: A Review and Agenda for Future Research” – an article that appears in the March 2018 issue of FBR. The research article and related précis seek to refine the understanding of family firms’ unique interactions with their institutional contexts.
Research Applied: FBR Précis for FFI Practitioner
Thanks to Thomas Schwarz of the FBR Research Applied Board for his thoughtful précis of “Unpacking the Black Box of Family Business Advising: Insights From Psychology” – an article that appears in the March 2018 issue of FBR.
Giving Hidden Champions Their Due Recognition
Thanks to Nick Moody of Campden Wealth for this week’s article on Hidden Champions, in which he provides examples of typical family business enterprises that drive the world’s economies, but are not household names. And…he offers readers an opportunity to expand public awareness of the impact of these family businesses worldwide.
Both Sides Now: The increasing importance of focusing on both sides of competence (sustained and diminishing) for family owned enterprises
This week’s article examines two sides of one issue – competency. Thanks to Patricia Annino for sharing her analysis of the challenges presented by either sustained or diminished competence in an older family founder and for providing practical steps to help family plan for these challenges.
Multi-Roles Model: Theory and Practice
What better way to start a new year than to look at some classic models in the family enterprise field and offer forward facing ideas. Thanks to FFI Fellow Paul Karofsky of Transition Consulting Group for refining some of his early work on a multi-roles model and providing examples from his client base for consideration by the readers of FFI Practitioner.
Wealth Inequality and the Family Business
Thank you to this week’s contributor, Isys Caffey of Edelman, who launches 2018 with further analysis of the Edelman Trust Barometer Special Report: Family Business by focusing on the role that wealth inequality can play in public perceptions of family businesses and what family businesses can do to address these perceptions.
Most Popular Articles of 2017
It’s that time of the year – the time when everyone in publishing cites the most popular or most read articles and books for the year! So here’s FFI Practitioner’s contribution to these illustrious lists. We’re doing ours by month – so you can see what your colleagues were reading all year long.
Advisors to the Next Generation – An interview with two next gen donors
Despite the potential for next gen donors to become the most significant philanthropists and drivers of family enterprise to date, still little is actually known about the values and tendencies of this vital demographic.
Research Applied: FBR Précis for FFI Practitioner
Thanks to Alberto Gimeno of the FBR Research Applied Board for his thoughtful précis of “Family Constitution and Business Performance: Moderating Factors” – an article that appears in the December 2017 issue of FBR.
The Biased Advisor: Unpacking Our Unconscious Drivers
As we conclude the special issue series, we would like to thank the FFI Practitioner editorial committee for their hard work and this week’s authors, Judi Cunningham and Wendy Sage-Hayward for sharing their insights on the impact that an advisor’s unconscious biases can have in their work.
The Family Business Paradox: A review of the Edelman TRUST BAROMETER special report: family business
Prepare to be surprised when you read this week’s article by Justin Blake of Edelman. It’s a cautionary tale on perception vs reality when it comes to trust and the family business.
Research, Education and the Real World: An interview with Craig Aronoff
How has research influenced the field of family business and how can practitioners make better use of it with their clients? This week’s FFI Practitioner features an interview with FFI Fellow and past president, Craig Aronoff, where he answers these questions and more as the month-long special issue series dedicated to the Global Conference theme continues.
Managing and Focusing Energy for Successful Family Business Transitions
This week’s FFI Practitioner Edition by Michael Madera categorizes the mindset of many family firms in the midst of transition into “Hold, Mix, and Shift.”
Flipping the Digital Communication Switch: An Insider’s View
Today’s Edition kicks off a month of FFI Practitioner articles based on the Global Conference theme – Family Business: Electrifying.
Direct Investing: Can this be the Second Coming for the family business?
This article explores the potential risks and rewards and provides suggestions for family business and their advisors who decide to engage in the practice.
Impact Investing: Aligning money, values, and social impact goals
This week, Katherina Rosqueta, from the Center for High Impact Philanthropy at the University of Pennsylvania, explores several approaches to impact investing, an increasingly utilized strategy to align deeply held family values with their financial investment strategy.
The Evolution of Team Building: An interview with leading biological anthropologist, Helen Fisher, PhD
2017 Keynote Speaker and biological anthropologist, Dr. Helen Fisher shares her research on the evolution of team-building, identifying four distinct styles of thinking and their implications on the composition of the family enterprise.
Talking Across Generations: Philanthropy as a Communication Tool
Philanthropy is not just a “good” thing to engage in. It is also one of the most effective tools for bridging generational differences in families.
The Generational Maze: The Power Grid for Procreant Wealth
Families of wealth are constantly looking for the secret to proliferating their fortunes over multiple generations. A key element is right before our eyes, the family’s generations.