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  • Golub & Company works toward a magnificent transition

    How do you explain the family real estate business to young children? The Golub family has used the board game Monopoly to help illustrate basic real estate concepts and strategy — and to introdu...

  • From the earth to the cloud

    Could anything evoke a greater sense of permanence than the phrase “carved in stone”?

    A hammer and chisel are still part of a monument maker’s toolkit. Yet monument building, like virtu...

  • Engaging the next generation

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  • Prioritizing education for the succeeding generation

    Buying the Utah Jazz was a slam dunk

    When Gail and Larry Miller bought into the NBA’s Utah Jazz, they had been to just a few games, and that was only by invitation from people who hoped the couple would ...

  • Finding the right balance at Vertex

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  • When a non-family member leads the family business

    In 2008, when the search firm helping IDEAL Industries find a non-family CEO suggested Jim James, third-generation leader Dave Juday balked. James was then working an hour and a half away from IDEA...

  • The role of culture in recruitment of non-family executives

    In late August, Dave Glenn, a family shareholder in Elkay Manufacturing Company — an Oak Brook, Ill.-based manufacturer of commercial and residential sinks and other products — hosted a few rel...

  • Designing incentive compensation for key non-family executives

    Many family businesses will reach a point where non-family executives are needed to manage the company and take it to the next level. There are myriad challenges to overcome in attracting outside t...

  • Family Leaders to Watch

    All businesses need solid CEO talent, but multigenerational family businesses need another type of leadership as well. Someone (or several someones) must step up to unite the family and inspire the...

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