Each May, the thunder of hooves on Churchill Downs’ dirt track captures the attention of millions. The Kentucky Derby isn’t just a sporting event, it’s a masterclass in tradition, strategy,…
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The Roman Empire was a powerful force in the world, and its influence is still felt today. The Romans were responsible for many advancements in law, government, and engineering. One…
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Family businesses, a unique blend of family ties and business acumen, face a complex challenge: succession. This intricate dance is fraught with emotions and high stakes, as it determines the…
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Face-to-face meetings are crucial for successful family businesses. They foster communication, build unity, and establish traditions, ultimately promoting long-term success. Summer, with its relaxed schedules, presents an ideal opportunity for…
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You probably understand the importance of identifying, training and preparing the next generation to run the business. But what if a successor isn't an option? What if it makes more…
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In recent decades, the world has undergone a seismic shift, especially in technology. Imagine smartphones more powerful than NASA's computers during the moon landing, or 3-D printing that echoes Star…
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In the intricate ballet of family-run businesses, the dance of succession is one filled with complex emotions and high stakes. These businesses stand apart, as they must harmonize the delicate…
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A founder’s vision of family business succession often goes something like this: install the first-born son down the hall with a title such as senior vice president and have him…
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Few can claim the surprise of declining a $975 million check. That's what Sue Ann Arnall did in January of 2015. During a turbulent and highly broadcasted divorce involving family…
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In the evolving landscape of today's business world, family enterprises face distinct and ever-changing challenges. The complex dynamics of these businesses often blur the lines between personal and professional stresses.…
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