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Practice Insights

Join this week’s FFI Practitioner for a podcast interview with Rania Labaki, Christopher Robichaud, and Wendy Ulaszek as they discuss their October 19 virtual half-day seminar in the FFI Global Conference.

Thanks to this week’s contributor, Ruth Steverlynck, for sharing her diary of some insights she’s acquired as a family enterprise advisor.

Thanks to Shelley Taylor, a family business advisor and family council chair for her own family business, for describing her family’s experience hosting its first virtual family meeting.

Thank you to this week’s contributors, Kurstyn Loeffler and Jenell Wittmer, for their article on the potential benefits of family business leader peer groups, especially during times of crisis.

This week, FFI Practitioner is pleased to continue our series of articles by presenters at the virtual 2020 FFI Global Conference, October 26-28.

This week, we are pleased to share a curated selection of FFI Practitioner editions focusing on the impacts of disruption and adaptation on family enterprises. These articles can serve as examples and tools to incorporate into consulting and educational work with clients, particularly as the COVID-19 crisis continues.

Thanks to Michael Madera for this article discussing three wise moves to help your family enterprise clients understand and respond to external crises.

During times of disruption, how can family enterprise advisors help their clients navigate unchartered waters to survive turbulence and prepare for an unpredictable future?

This week, we are pleased to share a family business case illustrating how Firmenich, the world’s largest privately-owned perfume and taste company, has utilized their concentrated family ownership and governance model to navigate worldwide crises.

In the midst of the Covid-19 pandemic, family enterprise advisors have been forced to evolve their practices to adapt to working remotely with their clients.

Do your family business clients devote more time to fixing problems than to preventing them?

For this week’s edition, we are pleased to continue our series featuring a diverse selection of family business cases previously published in FFI Practitioner.

This week, FFI Practitioner explores the evolving topic of the role of women in family businesses. Thank you to this week’s contributor, Patricia Annino, for her article, which is based on her presentation at the 2019 Global Conference.

According to Mark Twain, “The secret of getting ahead is getting started.” In that light, we are pleased to share an article by Rochelle Mendelsohn that explores the reasons why family enterprises without a strategic plan should consider developing their first and outlines seven tips for advisors working with these organizations throughout the process.

Thanks to Guillermo Salazar, a member of the FFI IberoAmercian Virtual Study Group, for this article reflecting on the value of utilizing Family Diagrams in his consulting work with families over the years.

In this week’s edition, we are pleased to feature a selection of family business cases published in FFI Practitioner earlier this year. These cases can serve as effective tools to incorporate in consulting and educational work with clients and further the FFI Practitioner mission to provide readers with practical materials that support their work with multi-generational family enterprises.

Thank you to this week’s contributor, Gibb Dyer, for sharing insights he’s acquired during his thirty-five years as a family business consultant. We hope you enjoy this week’s FFI Practitioner in which the authors identifies five factors that assist family enterprises to grow and transfer their family capital to the next generation.

Thank you to this week’s contributor, Patricia Angus, who continues our series of FFI Practitioner articles written by members of the Editorial Committee. In this edition, Patricia examines what it truly means to be a “Practitioner” and the impact of ongoing practice when working with family enterprise clients.

FFI strives to advance the field of family enterprise through applied research, providing practitioners with practical applications for research conducted by academics from around the world. An example is the periodic précis written by members of the FBR Applied Research Board. Based on recent articles published in FBR, these précis summarize an article and identify implications and applications for advisers to integrate into their work with families. This week, FFI Practitioner is pleased to highlight selected FBR précis on a variety of family enterprise topics.

Welcome to the first issue of the 2019 FFI Practitioner. What better way to look forward than to talk with one of the founders of the family enterprise field? We hope you enjoy this interview with David Bork, a legend in the field and, 50 years later, still a pioneer.