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How Professors Can Become Thought Leaders

In 2000, when I was on the Board of Directors at Best Buy, the company decided to launch online shopping. The Best Buy founder and then-CEO Dick Schulze was ready to make a multimillion-dollar Read More...

Category: Commentary

Author: James C Wetherbe

New Ways Business Owners Can Use Boards

  While boards of directors are common at large firms and nonprofits, family businesses don't always see their value or understand how to use them well.  However, according to consultant Read More...

Category: Commentary

Author: Kimberly Eddleston

'CHAOS' Brings Order to Family Businesses

Many people make the mistake of thinking that family businesses are simple businesses. Nothing could be further from the truth. The coexistence of two systems with differing ways of thinking—the Read More...

Category: Commentary

Author: Salvatore Sciascia

Government Organizations Must Innovate Like Entrepreneurs

The public sector has long benefited from partnerships with private sector companies that allow innovation and entrepreneurship to flourish. However, government agencies themselves often struggle to Read More...

Category: Commentary

Author: Sabra Horne

Exiting a Business: the Challenges and Rewards

Of the huge number of businesses that are started each year, hardly any make it to a life-changing sale for the owner. While not everyone’s goal is to sell their business, even those who want to Read More...

Category: Commentary

Author: Jodie Cook

Your Family Needs An Emergency Succession Plan

As we all know, successions and family business succession planning are rarely easy, but unexpected transitions pose a significant risk to family businesses. When Herbert Fisk Johnson, Sr., the Read More...

Category: Commentary

Author: David Deeds

EIX Partners With the Journal of Business Venturing

Entrepreneur & Innovation Exchange (EIX) is partnering with the Journal of Business Venturing (JBV) to bring its research-proven insights and practical advice to our audience of current and Read More...

Category: Commentary

Authors: David Townsend and Catherine Buday

Entrepreneurs Must Lead the Charge in Carbon Reduction

Entrepreneurs, not federal government subsidies, are the key to societal improvements. Consider, for example, the newly passed Inflation Reduction Act. It aims to reduce carbon emissions by giving Read More...

Category: Commentary

Authors: Dave Ketchen and Andrew Balthrop

Should Family Businesses Have Employee Ownership Plans?

Like almost all family businesses, Commercial Casework in Hayward, California had to plan for when family owners would want to sell. The company, with about 100 employees, is one of the San Francisco Read More...

Category: Commentary

Author: Corey Rosen

Should Family Members Be the 'Face' of Your Company?

Around the globe, advertisements for family businesses regularly include expressions like: “Our family serving yours for the last three generations” and, “Our name on the product guarantees its Read More...

Category: Commentary

Authors: Jonas Ruzek , Ben Cooper and Kimberly Eddleston