Commentary

A Commentary provides thoughtful and insightful opinions or perspectives on events, policies or situations of interest to business owners, startups, educators, investors and policymakers. These should be short, readable, timely, interesting pieces that address current topics of interest, discussion or dispute.

Length: <1,000 words

Reviewed by Senior Editors


Should Family Members Be the 'Face' of Your Company?

Around the globe, advertisements for family businesses regularly include expressions like: “Our family serving yours for the last three generations” and, “Our name on the product guarantees its Read More...

Category: Commentary

Authors: Jonas Ruzek , Ben Cooper and Kimberly Eddleston

Four Reasons Why Your Next Hire Should Have a Side Hustle

Like so much else today, the hiring process has radically changed. While it remains important for prospective hires, especially those fresh out of school, to demonstrate concrete evidence of job Read More...

Category: Commentary

Authors: Steve Blank and Nancy Forster-Holt

Classical Music and Blockchain Taught Me to Think Like an Artist

Most people would never think of putting classical music and blockchain in the same sentence. With my training in engineering and economics, I wouldn’t have either -- if it were not for my getting Read More...

Category: Commentary

Author: Christos A. Makridis

Don't Send Your Kids to Work Outside the Family Business Just Yet!

Should family members work outside the family business before joining? Experts have long recommended that this is the best (and only!) way for the next generation to learn the skills and knowledge Read More...

Category: Commentary

Authors: Joseph Astrachan , Isabel C Botero , Carol Wittmeyer and Claudia Binz Astrachan

Family CEO Burnout: How to Prevent, Recognize and Deal With It

Between COVID, supply chain issues, armed invasions, unstable markets, and the great resignation with millions of workers leaving the workforce (Parker & Menasce Horowitz, 2022) – or, more Read More...

Category: Commentary

Authors: Lars B. Sonderegger , Claudia Binz Astrachan and Joseph Astrachan

What All Family Businesses Can Learn From the Merck Family

The Merck family business dates back to this apothecary, founded in 1668. The German Merck family has succeeded where many business families have failed: Keeping a group of 319 family members, Read More...

Category: Commentary

Authors: Tom Rüsen , Claudia Binz Astrachan and Frank Stangenberg-Haverkamp

Be Yourself: Advice For Women in Professional Services Businesses

A few years ago, at a major conference for financial planners, “Grace” and her husband were talking with some new acquaintances at dinner. One of them mentioned how admirable it was that Grace Read More...

Category: Commentary

Author: Maria Considine King

How to Build an Innovative Mindset

In January 2021 I joined the Great Resignation and took an early retirement from the University of Minnesota (UMN). I had spent 12 years there teaching social entrepreneurship and managing  Read More...

Category: Commentary

Author: Fred Rose

How to Keep Remote Workers Inspired and Engaged

Like all kinds of firms, family businesses have undergone a culture shock because of the pandemic. After starting out in the pandemic’s early days as a survival mechanism, remote work is now Read More...

Category: Commentary

Author: Jay Mulki

EIX, FamilyBusiness Surpass 15 Million Annual Page Views

Editor's Note: This article, originally published in July of 2022, has been updated periodically to reflect other milestones in readership. The most recent update was made July 1, 2024. On June 29, Read More...

Category: Commentary

Author: Catherine Buday