Category Archives: Family Business Values

What’s in a Name?

Last week an Associated Press article (Family Battle Brews Over Trademark by Alan Scher Zagier) reported on the legal challenge over the use of a family name in a trademark dispute.  The passion over the use of one’s last name … Continue reading

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A Fourth Generation Leader who Mastered the Art of Embracing Tradition and Change

Successful long-lived family businesses find a way to preserve their historic values and traditions while, at the same time, renewing themselves and responding to opportunities in an ever-changing world. Firms that are too rooted in the past become ossified, out-of-date, … Continue reading

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Three ingredients to multi-generational firm success

Over the last twenty-plus years of working with and observing multi-generational family businesses, three attributes common to the oldest, largest and best performing ones seem to present themselves repeatedly.  First – the family shareholders are aligned around matters of vision, … Continue reading

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Case Study: Heineken as a Family Business

by John L. Ward I had occasion to hear a talk by the Chairman/CEO of Heineken, Jean-Francois van Boxmeer.  So much of what he said reaffirmed our observations and experiences. First, some context, then our shared views. Heineken is about … Continue reading

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Family Firms Triple Bottom Line

Lost in the commotion of last week’s Boston Marathon bombings on Monday, April 15, was the fact that many Americans, including family businesses, were scurrying about to sign off and send in their final tax forms for the 2012 tax … Continue reading

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Two Interesting Family Business Lessons from the Holy Land…

  Did you know that it is a Muslim family that holds the key to one of the most sacred churches in Christianity?  Further, did you know that they have been fulfilling the obligation of opening and closing this church … Continue reading

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The importance of Values and Mission in a family business

One of the most enlightening discussions I was privileged to facilitate with a client was one involving the family’s Mission as it related to the business. The question posed was  “why do we own this business?” The question was rephrased … Continue reading

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What Promotes Change?

I noted in my earlier blog three factors that inhibit change in a family: Inertia, Fear of the Unknown and Psychological Reactance. Here are three guidelines for promoting change. Vision and Values Clarifying vision and values through family meetings or … Continue reading

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What Family Businesses Can Learn From the Olympics

It’s Olympic season, and there’s much that can be learned from these special athletes… and not all of it comes from the playing field. One Olympic moment that stood out for me occurred during women’s gymnastics, when American Aly Raisman … Continue reading

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Good Luck!

I enjoy finding nuggets of family business wisdom in unusual places. Recently, I found one such gem while watching a video of Michael Lewis (the author of popular books such as “The Big Short” and “Moneyball”) giving the commencement address … Continue reading

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