Thanks to Mette Ballari for today’s FFI Practitioner article, which discusses the missing link in family business growth.

In this week’s edition of FFI Practitioner, Phelps Wood and Bill Stranberg highlight strategies for family enterprise advisors to consider when client families first bring a non-family executive into the business as CEO.

In this week’s edition of FFI Practitioner, Dr. Brad Bechtold explores the possible utility of AI applications in family advisory practice for both individual advisors and multidisciplinary advisory teams.

Family enterprise advisors play a crucial role in guiding their clients through an ownership transition from a sibling partnership to a cousin consortium.

FFI Practitioner is pleased to share a conversation with Sir Andrew Likierman, Professor of Management Practice at the London Business School, who is delivering the closing keynote at the 2024 FFI Global Conference, entitled “So What Do I Do Now? Better Judgments in the Family Firm.”

Thank you to FFI Asian Circle Virtual Study Group members Joanna Sun, ACFBA/ACFWA, and Kimberly Go, CFBA/CFWA, for their article that outlines principles from The Art of War, a classic text of military strategy from Chinese philosopher Sun Tzu, and applies them to family advisory practice.

Continuing our quarterly series on the FFI conference theme, “Mean Time: Time, Timing, and Timelessness in Family Enterprise,” through the month of July we are pleased to feature issues related to presentations that will be made in London in October.

For family enterprises, passing ownership from the founder to the next generation represents a critical transition that requires careful planning to help the family prepare for increasingly complex decision-making processes.

This week’s FFI Practitioner is dedicated to exploring the vital role of leadership in family enterprises.

Thanks to Sajjad Hamid for contributing this article on incorporating entrepreneurial and intrapreneurial education into family enterprise consulting engagements.

This week we are pleased to continue our series of guest-curated FFI Practitioner articles with Donald Neubaum, editor of Family Business Review.

Thanks to Doug Gray and FFI Fellow Natalie McVeigh for providing two case studies about how they utilize 360 assessments to provide comprehensive and objective feedback to family business leaders and to evaluate potential next generation successors.

FFI Practitioner is pleased to host Adam Ifshin, CEO of DLC Management, and Rocki-Lee DeWitt, Professor of Management in the Grossman School of Business at the University of Vermont, in a conversation based on their upcoming session at the FFI Global Conference in New York, October 25-27.

With the growing popularity and continued evolution of AI platforms, such as ChatGPT, increased questions have been raised about their ability to complete more complex functions.

Thank you to this week’s contributor, Maria Milanetti, for her article that presents a simplified model for engaging family enterprise clients in an efficient strategic planning process.

This week, Paolo Morosetti explores the complexities involved in the process of selecting the successor in a family enterprise and shares an approach to help your clients answer the fundamental question of whether to select an internal or external successor.

Thanks to the FFI Asian Circle Virtual Study Group and Yirhan Sim for this week’s edition that features a family enterprise case that demonstrates the challenges experienced by the “sandwich generation” through the transition to lead a family enterprise.

Thank you to this week’s contributor, Sajjad Hamid, for his article exploring digital tools that family enterprise advisors can use to expand their practice.

In this week’s issue of FFI Practitioner, Matthew Erskine considers the ways that a prenuptial agreement can be an effective tool for family enterprises not only to protect family assets, but to articulate their philosophy and vision for the family’s future.

This year is the 300th anniversary of notable economist and philosopher Adam Smith’s birth.