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Let's Get Professional: Family Firms Need HRM Practices
Hiring, training, appraising and compensating the right people in the right way is a crucial element to the success of any organization. It is commonly assumed that many growing family firms are not
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Category:
Education and Teaching
Thriving or Trapped in the Family Business?
For some individuals, working in a family business can be an incredible gift. For others, it's a prison without any chance of parole. For those who are feeling trapped in the family
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Category:
Commentary
Author:
Michael Klein
Entrepreneurship history is filled with events, places and people who are now legendary or even sacred. In the beginning of the 20th century, New York’s Lower East Side became a place where Jewish
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Category:
Applied and Practice
Max Weber argued that the process of rationalization transformed social life forever. By loosening the hold of tradition, rationalization led to new practices that were chosen due to their
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Category:
Education and Teaching
Entrepreneurs and business leaders are blessed and cursed with thinking about their businesses 24 hours a day. It becomes their life focus. What is it that consumes them? Bottom line? Employee
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Category:
Commentary
Author:
Dave Feldman
Entrepreneurs with great ideas often feel they must pull up stakes and move to a region that is known as a hub for their specific industry. But research that we published in 2012 suggests that
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Category:
Research Insight
Health care is a hotly debated topic in the US -- how it's delivered, whether the government or employers pay for it, how research on promising new drugs is funded and other issues. "Innovation" is
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Category:
Theory and Research
Author:
Eapen Chacko
The United States’ system of K-12 public education is an important cornerstone of American society. Public schools play a critical role in advancing our widely valued principles of community
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Category:
Applied and Practice
Most businesses say that they put the customer first. Yet customers today are more ready than ever to bolt. The changing fortunes of even venerable chains such as Macy's and Sears shows that no
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Category:
Applied and Practice
Advice for Non-Family Executives in Family Businesses
Ritch Sorenson, Professor of Family Business at the University of St Thomas in Minneapolis, once worked at a bank founded by his grandfather. When it closed, he felt a personal loss that
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Category:
Education and Teaching
Author:
Ritch Sorenson
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