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Master Three Perilous Stages of Family Business Transition
Succession is the biggest threat to the robust returns of family business ownership . If you don’t master the three perilous stages of transition, you risk damaging your family business and legacy. Read More...
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...
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...
Do You Treat In-Laws Like the Family Business Outlaws ?
Have you heard this before? “If it wasn’t for my in-laws, our family would be fine!” Such frustrated statements are typically followed by rants about how someone spends too lavishly, does not Read More...
Keep the Founder's Entrepreneurial Spirit Alive in Future Generations
Most significant wealth is created through entrepreneurship, and in many countries family business plays a large role. But once the family business is established and successful, what further Read More...
10 Things That Help Family Businesses Preserve Their Legacy
From small shops to large multinational corporations, family-owned firms are the anchoring organization in our society. They are pervasive, expanding, and a core employer of human capital and Read More...
Opportunities Abound in Africa for Entrepreneurs and Investors
Meet Jean-Paul Nageri, the son to a banana farmer in Uganda. During the early-2020 harvest, JP's dad planned to use a middleman for distribution, but the deal fell through, leaving him with one acre Read More...
Can Entrepreneurs Innovate Without Disrupting Industries?
Editor’s note: Prof. Carton is an expert on strategy frameworks. He is especially interested in how strategy ideas develop over time and how they get used and shared in organizations. In this Read More...
Arab Countries Must Train Entrepreneurs for the Post-Oil Era
Entrepreneurship is a crucial lever for developing countries' economic and social development. This is especially true in the Middle East and North Africa (MENA) region. MENA economies have often Read More...
Six Ways that Small Firms Can Embrace Equity and Fairness
Part 2 of 2 As we noted in our previous article , a workplace based on equity – where every employee feels valued -- can help small businesses attract and retain talent in an era when employees Read More...
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