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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
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
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
The Merck family business dates back to this apothecary, founded in 1668. The German Merck family has succeeded where many business families have failed: Keeping a group of 319 family members, Read More...
Category: Commentary
Authors: Tom Rüsen , Claudia Binz Astrachan and Frank Stangenberg-Haverkamp
Photo taken by Kai Dragland at the Norwegian University of Science and Technology in 2012 Since our founding in 2014, a central part of our mission at EIX has been supporting knowledge-sharing Read More...
Category: Commentary
Author: Daniel Forbes
Imagine this not so uncommon family business situation. In a f ourth-generation family business, the transition between the previous generations always went from the father to son in the business: Read More...
Category: Commentary
Author: Sara Stern
While it appears that Covid-19 is waning in many parts of the world, its effects -- economic as well as physical -- still linger for many. Among the hardest hit: working women, including those who Read More...
Category: Commentary
Author: Jessica Larson
Over the past several years EIX editors have interviewed the founders and CEOs of groundbreaking companies, and we've published videos of those conversations on our site. Recently we re-edited Read More...
Category: Commentary
Authors: Daniel Forbes and Jon Eckhardt
It has been almost a year since the Covid pandemic rocked the world. While we have seen some family businesses forced to close their doors forever, others have successfully pivoted their Read More...
Category: Commentary
Author: Kimberly Eddleston
It's been almost 14 months since the first Covid case was reported and, in that year, a great deal has happened. Very few business owners, particularly in North America, took the potential for a Read More...
Category: Commentary
Author: Joseph Astrachan