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Much has been written about how family businesses can have transition problems when the founder's children take over. Best Buy founder Richard Schulze and Ritch Sorenson of the Read More...
Category: Commentary
Authors: Richard Schulze and Ritch Sorenson
Around the globe, more and more women are taking their careers in their own hands by launching a business. Women represent one of the fastest growing segments of the entrepreneurship population Read More...
Category: Commentary
Authors: Kimberly Eddleston and Catherine Buday
Janme Sinha became intrigued by family business conflict and dynamics when a distraught friend confided that his recently deceased father had left all of the shares of the family business to his Read More...
Category: Commentary
Author: Kimberly Eddleston
Between COVID, supply chain issues, armed invasions, unstable markets, and the great resignation with millions of workers leaving the workforce (Parker & Menasce Horowitz, 2022) – or, more Read More...
Category: Commentary
Authors: Lars B. Sonderegger , Claudia Binz Astrachan and Joseph Astrachan
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
Like all kinds of firms, family businesses have undergone a culture shock because of the pandemic. After starting out in the pandemic’s early days as a survival mechanism, remote work is now Read More...
Category: Commentary
Author: Jay Mulki
Gordon Davis and Jim Wetherbe at the Celebration of 50 Years of MIS at the University of Minnesota in 2018. It takes a Herculean entrepreneurial effort to create and sustain a new academic Read More...
Category: Commentary
Authors: Brian Janz and James C Wetherbe
Lavazza. Alessi. Olivetti. Campari. These brands evoke images of products, advertisements, or memories of our past: the aroma of Lavazza coffee or an Alessi coffee maker at work, the sound of keys on Read More...
Category: Commentary
Authors: Peter Trümmel , Vittoria Magrelli and Alfredo De Massis
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 Read More...
Category: Commentary
Author: Kimberly Eddleston
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