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
Read More...
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
Read More...
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
Read More...
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
Read More...
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
Read More...
The damage inflicted by COVID-19 on small businesses is unprecedented in our lifetime. It’s hard to think about anything other than the pandemic, but as Albert Einstein noted, “in the midst of
Read More...
Clay Christensen, the Harvard Business School educator who passed away in January 2020, changed the way people around the world think of innovation. Through widely-read books, such as "The
Read More...
Only about a third of family businesses make it to a second generation beyond the founder. Conventional wisdom says that these firms falter because the owners didn’t have a succession
Read More...
EDITOR’S NOTE: Steve Blank, who has founded or co-founded eight startups, is best known as the Father of Modern Entrepreneurship and is credited with launching the Lean Startup movement, which for
Read More...
When it comes to innovation, family firms often are trapped in an “ability–willingness paradox”: the superior ability to innovate is unrealized because of fear of innovation. Our research 1
Read More...