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The emotional conflicts that beset family businesses can be difficult to weather. Heidi Vermeer-Quist, a clinical psychologist, family business consultant, and third-generation shareholder of Read More...
Category: Interviews
Author: Kimberly Eddleston
A comprehensive and convincing vision is crucial in helping family businesses be successful over generations. However, many lectures and course exercises that prepare future leaders merely ask Read More...
Category: Education and Teaching
Authors: Nadine Kammerlander and Friedrich Kammerlander
Courtney Burton has spent most of her career in the retail industry. She was a merchant for several major companies, including Target, CVS, Albertson's and Lane Bryant. For the last 11 years of her Read More...
Category: Features
Author: Chris Farrell
Many business owners do not like to think about succession – it means confronting their own mortality – but at some point, every family business must deal with succession planning (Ahrens, 2020). Read More...
Category: Research Insight
Authors: Jan-Philipp Ahrens , Melania Riefolo , Annegret Hauer and Katharina Siegert
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
The venture capital industry has witnessed a surge in investments by micro venture capital (or “micro VC”) firms, which have emerged as a crucial player in the startup ecosystem. These are Read More...
Category: Research Insight
Authors: Mario Daniele Amore , Annamaria Conti and Valerio Pelucco
Pandemics, wars, and natural disasters can have a significant impact on the economy and its organizations. Such events are called “exogenous shocks” because they come without warning from Read More...
Category: Research Insight
Authors: Rebecca Alguera Kleine , Bingbing Ge and Alfredo De Massis
Maureen and Jim Elitzak are known around Scottsdale, Arizona, for their exquisite bonbons, bars, brownies and caramels, which can be found at Zak's Chocolate , the shiny shop where they make Read More...
Category: Features
Author: Ellen Ryan
The importance of entrepreneurship to the economy is well established. Entrepreneurship drives economic growth and helps to solve society’s intractable problems, from curing disease to lowering Read More...
Category: Research Insight
Authors: Eric Liguori , Matt Marvel , Shelby Solomon and Joshua Bendickson
Research shows that family businesses enjoy numerous reputational benefits in their relationships with stakeholders ( Astrachan , 2021). Customers usually believe they provide better quality; Read More...
Category: Research Insight
Authors: Philipp Jaufenthaler , Oliver Koll , Reinhard Prügl and Maximilian Lude