Financial Education Center

Podcast: Putting the FAMILY in Family Business

Ed Hart sat down with the Director of the Global Family Business Institute at the Claremont University Drucker School of Management, Dave Specht. Enjoy this conversation between two family business experts and leaders in the field.

Research Reveals Claw-Back Bonus Schemes Can Lead to Big Losses

The article, “Research Reveals Claw-Back Bonus Schemes Can Lead to Big Losses,” debates the pros and cons of “loss-framed” bonuses, or those pre-paid to sales teams and then “clawed back” if targets aren’t met.

Sharing Leads to Caring: Personal Details Help Cement Coworker Relationships

The article, “Sharing Leads to Caring: Personal Details Help Cement Coworker Relationships” shares the surprising findings from a recent study published in Organization Science on the macro view of learning personal information about colleagues.

Ready to Mentor a Senior Colleague? A Roadmap for Reverse Mentoring

The article, “Ready to Mentor a Senior Colleague? A Roadmap for Reverse Mentoring” discusses what reverse mentoring is as well as the pros and cons of mentoring colleagues in senior leadership roles.

Thriving or Trapped in the Family Business

The article, “Thriving or Trapped in the Family Business,” by Michael Klein suggests that the best thing family businesses can do for family members working in the business is to ensure individual growth and satisfaction is nurtured daily.

The Paradox of Choice: Wealth’s Impact on Family Potential

The article, “The Paradox of Choice: Wealth’s Impact on Family Potential,” by Doug Baumoel provides critical insights and tips to navigate children growing up with generational opportunity or the paradox of choice.