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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 Read More...
Category: Applied and Practice
Authors: Stephen Downing , Jin-Su Kang and Gideon Markman
Many business owners get excited about their product and market, but don’t think much about the internal IT their business needs. This may be especially true if you’re selling something that’s Read More...
Category: Applied and Practice
Author: John Eckhardt
Back in the depths of the Great Recession, two World Wide Web pioneers set up shop on Menlo Park, Calif.’s venture capital enclave, Sand Hill Road. Marc Andreessen and Ben Horowitz of early Web Read More...
Category: Applied and Practice
Authors: Robert Buday , Charles Eesley and James C Wetherbe
A prenuptial agreement (prenup) is a legal contract between prospective spouses to modify the terms of their marriage that would otherwise be governed by state law. Although a prenup does not mean Read More...
Category: Applied and Practice
Authors: James Hoffman and Dwight Kealy
Stories abound about sibling rivalries and family business conflict that have harmed family businesses and the families behind them. For instance, Charles and David Koch were sued by their brothers, Read More...
Category: Applied and Practice
Authors: Jonas Ruzek and Kimberly Eddleston
Small companies with a promising technology or service often look to partner with bigger firms to get access to money, distribution channels and manufacturing facilities they need to help their Read More...
Category: Applied and Practice
Authors: Jason Pattit and David Deeds
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 Read More...
Category: Applied and Practice
Author: David Johnston
Family businesses and the families that own them are known for their secrecy and discretion. Keeping a “low profile” can provide useful benefits -- for example, shelter from business Read More...
Category: Applied and Practice
Authors: Tom Rüsen and Torsten Pieper
Part one of a two-part series. Read part 2 here Two questions currently dominate the emerging post Covid-19 economy. Most immediately: When will I get what I ordered? More long term: How Read More...
Category: Applied and Practice
Author: David Johnston
Correctly timing a chief executive officer’s (CEO) succession is very important for firms, because CEO transition sends important signals to investors about the future of the firm’s strategy and Read More...
Category: Applied and Practice
Authors: Joon Mahn Lee , Dalee Yoon and Steven Boivie