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Sensemaking and Purpose Drive Innovation and Transformation

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

Building a Change Team

In business, change is inevitable. The ability to adapt to and embrace change is often the linchpin of success. "Embracing it requires a delicate balance of communication, vision and engagement," Read More...

Category: Features

Author: Jennifer Nelson

How to Build a Family Business Portfolio: Your Location Matters

We have always been deeply interested in the topic of why and how business families build up a portfolio of businesses, and how they manage this portfolio successfully in the long run. From many Read More...

Category: Research Insight

Authors: Philipp Sieger , Naveed Akhter and Francesco Chirico

The Operating Leverage Ratio Imperative for Early Stage Ventures

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

Good Intentions Can Sow Dysfunction at Family Businesses

People wear many hats at family businesses: owners, managers, and family members. All too often, says family business advisor Sara B. Stern, they're thinking like family members rather than owners Read More...

Category: Commentary

Authors: Kimberly Eddleston and Sara Stern

Changing Expectations at Work

EDITOR'S NOTE: This article is part of Navigating Change, a Next Avenue initiative made possible by the Richard M. Schulze Family Foundation and EIX . Younger workers are entitled prima donnas who Read More...

Category: Commentary

Author: MP Dunleavey

Our Family Business YouTube Channel Has Launched!

FamilyBusiness.org, a leading resource for family business owners, entrepreneurs, and anyone interested in learning more about family businesses, is excited to announce the launch of its new YouTube Read More...

Category: Commentary

Author: Jennifer Gessner

How Educators Can Recognize and Support Entrepreneurial Personas

Entrepreneurs come in all shapes and sizes.  Acknowledging this statement is essential, as university-based entrepreneurship often focuses primarily on what I'll call "unicorn entrepreneurship" Read More...

Category: Education and Teaching

Author: Chuck Sacco

Family Business Succession, Innovation, and Compensation: What You Need to Know

Family business succession planning, innovation, salaries, legacy, and values are topics that all business families grapple with at times, especially when they include multiple generations with Read More...

Category: Commentary

Authors: Mat Hughes and R. Adam Smith

Here's Why Family Businesses Need Branding

For family businesses, branding goes well beyond logos and advertising slogans. It gets to the heart of what makes a family firm successful and admired by customers, suppliers, employees and other Read More...

Category: Interviews

Author: Kimberly Eddleston