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.
2018 FFI GEN Scholarship Applications Now Being Accepted
Applications for the 2018 Scholarships are now open and must be received by April 15, 2018.
Control of the Dead Hand: A case study
This week, FFI Practitioner addresses estate planning, a topic of perennial importance in the field of family enterprise. Thank you to Ashvini Chopra of Bennett Coleman, for sharing a valuable lesson learned through a case study.
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.
2018 FFI Global Conference Winter Registration Rate Expiring Soon
Special winter rates for FFI members to register for the 2018 FFI Global Conference in London will expire at Midnight Eastern on March 21, 2018.
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.
Seats, Sources, and Fish Ponds
When confronted with the need to go outside the family company for new leadership, most families have no idea what that process entails and how to go about it. This case study will help advisers guide clients wrestling with such an issue and recognize the value of resources available to help. Thanks to Bruce Walton of Battalia Winston for the article and case study.
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.
An Economic Time Bomb for Life Insurance Owners
Thanks to Mitzi Perdue for this week’s article addressing an international phenomenon impacting life insurance dividends and returns. Rather than putting life insurance policies in the proverbial “bottom left hand drawer,” her research recommends that, especially in a reduced interest rate environment, all of your client’s life insurance portfolios be evaluated to check and monitor their performance to avoid an “economic time bomb.”
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.
Special offering of GEN 503 in London on February 17, 2018
Take your skills to the next level. Enroll in this special early offering of GEN 503: Tools for Positive Change in Family Business Systems: Analysis and application
Announcing the new FFI GEN platform
We have been diligently working to enhance the online learning experience for our students. Our new platform has been completely redesigned allowing students to access the FFI GEN courses at any time on any device.
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.
2018 FFI Global Conference Call for Proposals
Join the 2018 FFI Embankment Festival! Camp out on the Thames for three days as you challenge and joust with your intellectual and personal best self
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.