Applied and Practice

An Applied and Practice article provides actionable ideas about how to start, manage, grow or fund a new venture. It should be written to appeal to entrepreneurs, managers, students, policymakers and other players.  Its emphasis should be providing skills, insights and knowledge to help readers achieve success. 

Length: <3,000 words

# of Reviewers: 2


Which Kinds of Workers Leave Family Firms?

Working in a family firm can be either satisfying or stifling for someone who’s not a relative. Interpersonal relationships can be stronger than they would be in non-family firms, and the work Read More...

Category: Applied and Practice

Authors: Franz Kellermanns , Nicole Gottschalck and Christina Guenther

What Family Businesses Should be Doing Now

As family business leaders are forced to deal with COVID-19, Winston Churchill’s advice comes to mind: “Never let a good crisis go to waste.” This suggests that as family firms Read More...

Category: Applied and Practice

Author: Kimberly Eddleston

The Causal Analysis: A Great Way to Tell the Financial Story

Entrepreneurs are often expected to present the current financial status of their enterprise to investors, bankers and employees.  In board meetings, the entrepreneur needs to explain their Read More...

Category: Applied and Practice

Author: Phil Greenwood

Which Innovations Should You Keep When the Crisis is Over?

EDITOR'S NOTE: This popular EIX article, published during the height of the COVID-19 pandemic, includes timely advice for emerging from any crisis. Although difficult to see at the moment, the Read More...

Category: Applied and Practice

Authors: Theodore L. Waldron and James C Wetherbe

Beyond Succession: Family Firms Need a Legacy Plan Too

Succession planning has been a heavily researched topic and buzzword for many years now. However, its lesser-known counterpart -- legacy planning – is becoming a part of many families' personal Read More...

Category: Applied and Practice

Author: Aquesha Daniels, J.D.

COVID-19: Understanding the Board’s Key Role During a Crisis

A board’s oversight and guidance, based on the expertise, experience and personal qualities of its members, has always helped drive business success and survival.  But now, as the COVID-19 Read More...

Category: Applied and Practice

Authors: Joseph Astrachan , Andrew Keyt , Hermut Kormann and Claudia Binz Astrachan

How to Keep Your Favorite Business From Going Under

Measures to “flatten the curve” of the COVID-19 pandemic, such as limiting public gatherings and forcing the extended closure of non-essential businesses, have created one of the direst threats Read More...

Category: Applied and Practice

Authors: Theodore L. Waldron and James C Wetherbe

How to Care for Your Team During a Crisis

Walt Disney nailed it when he said that good customer relations begin with good employee relations. Fred Smith, the courageous entrepreneur and founder of FedEx, felt that way too, and his company Read More...

Category: Applied and Practice

Authors: Theodore L. Waldron and James C Wetherbe

Working from Home: Tips for Employees and Business Owners

The coronavirus pandemic is forcing employees around the world to work from home. Although remote work has existed for decades, it's not ideal for everybody. Many employees who are accustomed to Read More...

Category: Applied and Practice

Author: Jay Mulki

How Social Entrepreneurs Can Create Impact for a Better World

Climate change, income inequality, injustice and other vexing social and environmental challenges are changing our thinking and the way businesses operate. As social media helps good and bad news Read More...

Category: Applied and Practice

Authors: Ozlem Ogutveren Gonul and Zuhal Senyuva