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Just two years ago, generative AI was not on anyone's radar. But today, it promises to be one of the most disruptive forces for family businesses and all kinds of firms. We have seen it in our own Read More...
Category: Applied and Practice
Authors: Mat Hughes and David Townsend
It is always exciting when a startup grows big enough to hire beyond the founding team. It can also be frightening for the founders, because being an employer means new responsibilities: Read More...
Category: Applied and Practice
Author: Gavin Williamson
The transportation industry, and the shift to renewable energy, is ripe with opportunities for entrepreneurs and innovators who yearn to help shape a more sustainable future and boost their own Read More...
Category: Applied and Practice
Authors: Oksana Gerwe and Dominique Houde
The rapid advancement of generative AI (GenAI) tools like ChatGPT, DALL-E, and others represents an exciting new frontier for enhancing human creativity. As these technologies gain capabilities once Read More...
Category: Applied and Practice
Authors: Judy Rady and David Townsend
In popular culture, the portrayal of family businesses in movies and TV shows, such as Ridley Scott’s "House of Gucci" or HBO’s "Succession," often revolves around the pursuit of wealth and the Read More...
Category: Applied and Practice
Authors: Claudia Binz Astrachan and Anneleen Michiels
Succession is the biggest threat to the robust returns of family business ownership . If you don’t master the three perilous stages of transition, you risk damaging your family business and legacy. Read More...
Category: Applied and Practice
Author: Ryan Renteria
For startups and entrepreneur-led businesses, purpose is an outcome of an iterative sensemaking process. Sensemaking is the underappreciated strategic activity of making sense of what is going Read More...
Category: Applied and Practice
Author: Kevin Fee
Professors April Spivack and Michael Morris integrated operating leverage as a component of a firm’s economic input when describing their Entrepreneur’s Profit Model . Operating Read More...
Category: Applied and Practice
Author: Phil Greenwood
Have you heard this before? “If it wasn’t for my in-laws, our family would be fine!” Such frustrated statements are typically followed by rants about how someone spends too lavishly, does not Read More...
Category: Applied and Practice
Authors: Claudia Binz Astrachan , Joseph Astrachan and Torsten Pieper
Most significant wealth is created through entrepreneurship, and in many countries family business plays a large role. But once the family business is established and successful, what further Read More...
Category: Applied and Practice
Author: David Werdiger