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Family Business

March 1, 2005

An employee buy-out enabled Tullis Russell Group to quadruple productivity and double its turnover. But, as Ken McCracken discovers, the value of ownership can be a lesson hard learned

Ken Mccracken  is director of Family Business Solutions Limited. kmccracken@familybusinesssolutions.co.uk
Acknowledgement: This case study was written with the support and encouragement of David Erdal, formerly chairman of Tullis Russell Group Ltd and now director of Baxi Partnership Ltd.

An employee buy-out enabled Tullis Russell Group to quadruple productivity and double its turnover. But, as Ken McCracken discovers, the value of ownership can be a lesson hard learned

March 1, 2005

Tim Watts gave the family business to his staff when he realised he was on the road to becoming a real-life Mr Grace. He tells Melanie Stern about the Pertemps Group’s unique employee-led structure, his thoughts on the UK recruitment industry and what is in store beyond his leadership

Melanie Stern is section editor of Families in Business.

Tim Watts gave the family business to his staff when he realised he was on the road to becoming a real-life Mr Grace. He tells Melanie Stern about the Pertemps Group's unique employee-led structure, his thoughts on the UK recruitment industry and what is in store beyond his leadership

March 1, 2005

JW Marriott Jr presides over a hotel empire whose operations span 66 countries. It is an achievement that has played out over some 40 years. The question now, as Scott McCulloch discovers, is whether his son John W Marriott III will soon fill his shoes

Scott mcculloch  is editor of Families in Business.

JW Marriott Jr presides over a hotel empire whose operations span 66 countries. It is an achievement that has played out over some 40 years. The question now, as Scott McCulloch discovers, is whether his son John W Marriott III will soon fill his shoes

March 1, 2005

What UK family firms think about corporate finance

Scott Mcculloch is editor of Families in Business.

What UK family firms think about corporate finance

Risk-averse and dominated by close-knit management, the UK's family business sector could become a victim of its own success if left unchallenged, a new report on corporate finance and family businesses suggests.
 

March 1, 2005

According to recent research, family firms have stronger ‘people’ values than non-family firms and are more likely to put customers and employees ahead of profits.

According to recent research, family firms have stronger 'people' values than non-family firms and are more likely to put customers and employees ahead of profits. This doesn't mean they lose any competitive advantage, argues John Ward, Wild Group Professor of Family Business at IMD in Switzerland and Professor of Family Enterprises at Kellogg School of Management.

January 1, 2005

The Scotch whisky firm William Grant and Sons is a beacon of good practice in family governance. But this was a hard-won system that has evolved since 1998. Bill Gordon gives some inspiring insights into a bumpy journey that ended in a stable destination

Bill Gordon was chairman of William Grant & Sons' family council for five years

The Scotch whisky firm William Grant and Sons is a beacon of good practice in family governance. But this was a hard-won system that has evolved since 1998. Bill Gordon gives some inspiring insights into a bumpy journey that ended in a stable destination

January 1, 2005

From selling postcards in his room at the Kansas City YMCA in the early 20th century, Joyce Hall’s greetings card empire has become a financial giant. Hallmark has also been dubbed a ‘magical place to work’. Scott McCulloch discovers the secrets of its success

From selling postcards in his room at the Kansas City YMCA in the early 20th century, Joyce Hall's greetings card empire has become a financial giant. Hallmark has also been dubbed a 'magical place to work'. Scott McCulloch discovers the secrets of its success

January 1, 2005

The Simon family’s Publishers Printing Company has held its own against the corporate giants for some time. Loyal employees and reinvested profits have played no small part in the success, as Jim Grote discovers

Jim Grote is a development officer and freelance business writer in Louisville, Kentucky, jimgrote@hotmail.com

The Simon family's Publishers Printing Company has held its own against the corporate giants for some time. Loyal employees and reinvested profits have played no small part in the success, as Jim Grote discovers

January 1, 2005

The Jenkins family parted ways with OFEX in a media frenzy that exposed anti-family business sentiment. But family principal Jonathan is every inch his father’s son – he remains committed to championing the cause of enterprise. Melanie Stern reports

Melanie Stern is section editor of Families in Business magazine.

The Jenkins family parted ways with OFEX in a media frenzy that exposed anti-family business sentiment. But family principal Jonathan is every inch his father's son – he remains committed to championing the cause of enterprise. Melanie Stern reports

Someone – a distinguished captain of industry whose name and exact words escape memory – once said that a successful entrepreneur is one who manages to keep bouncing back from business failures.

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