As global crises are becoming increasingly frequent and unpredictable, family ties and family relationships—or what are collectively called “family social capital”—become critical for the
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The challenges entrepreneurs face seem daunting. A global pandemic, rising inflation, and a spate of other problems have entrepreneurs reeling. To add to the mix of problems entrepreneurs face,
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Because COVID-19 had effects unlike any other crisis, crisis management research has received increased attention in the past few years. Within a few weeks, economic life was turned completely upside
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Around the globe, family businesses are grappling with the effects of inflation, now at its highest level in 40 years. A recent NFIB report noted that over 30% of business owners feel inflation is
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Research continues to draw connections between the emotional swings of entrepreneurs and both their overall well-being and their business success. It is becoming clear external events play a role in
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Entrepreneurial startups face a clear tension during times of turbulent change like the COVID-19 pandemic. On the plus side, startups are small, collaborative, creative and flexible, making them
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By Tanja Leppäaho, Paavo Ritala and Mat Hughes In our personal lives, sometimes it takes a crisis – an illness, divorce, job loss or another challenge – to get us to change long-held
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The year-end is traditionally a time for setting new goals for the coming year, but if we've learned anything from 2020 and 2021 it's that our best-laid plans must be flexible. The continued
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Second in a two-part series. Read Part 1 here . To understand why building a robust supply chain management capability is important, small and medium-sized enterprise (SME) owners need
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Even as we begin to see the light at the end of the tunnel, a number of new problems are just around the bend. Will you be able to retain your top talent from joining the great resignation?
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