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Most entrepreneurs know the competitors they face today; namely, other businesses that compete for the same customers in the same or similar markets or industries. However, many dissimilar companies
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Category:
Applied and Practice
Divorce Can Hollow out a Family Business — But it Doesn’t Have to
With Bill and Melinda Gates’ divorce making headlines across the globe, many are wondering how the split will affect their joint business dealings — especially the Gates Foundation, which they
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Category:
Applied and Practice
Unique Challenges to Family Business Resilience
Part two of a two-part series. As new cases of COVID-19 emerge around the world (as of late July, 2021), the disease continues to remind us that the only certainty is uncertainty -- a theme I
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Category:
Applied and Practice
Author:
Mat Hughes
The Best Family Business Boards Embrace Candor and 'Necessary Endings'
Second of a two-part series From our studies evaluating the effectiveness of boards at family firms, we’ve seen first-hand how strong boards can help family businesses be more successful. In
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Category:
Applied and Practice
To Encourage Innovation, Tap the Next Generation of Leaders
In these times of change and uncertainty, one thing is still certain: product-service innovation remains the lifeblood of family firms. Without innovating, pioneering competitors will make existing
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Category:
Research Insight
Author:
Mat Hughes
Five Things Family Businesses are Reckoning With Now
Family businesses everywhere are responding to Covid-19 in profound ways, balancing the need to preserve cherished family traditions and social capital against the mandate to control costs at
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Category:
Commentary
Winemakers Provide Lessons on Resilience
Like old vineyards that still produce great wines, older family businesses thrive across many generations developing resilient responses in the face of competition, market shifts and family
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Category:
Research Insight
Entrepreneurship comes in different forms, and the experience of being a solo entrepreneur - or a “company of one” - is a form that’s attracting a great deal of interest today. In this Q&A
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Category:
Interviews
Entrepreneurs often face critical decisions for their firms in the midst of considerable uncertainty and great risk. Effective crisis management requires that decision makers make choices even when
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Category:
Commentary
Author:
Jamie D. Collins
Be Part of An Important Survey About Coping With Covid-19
While the pandemic has created economic turmoil, family and business disruption, and challenges that could last a lifetime, it also presents a unique opportunity to learn and improve family business
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Category:
Commentary
Author:
Kimberly Eddleston
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