crisis management

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Small and Medium-Sized Firms Are Less Prepared for Crises

Newer, smaller businesses, often led by entrepreneurs, are usually comfortable operating in dynamic, ever-changing, and even unpredictable environments. They are quicker than larger firms to innovate Read More...

Category: Research Insight

Author: John Parnell

COVID Policy Interventions Changed How Companies Hire

Recruiting and hiring the right people can have a dramatic impact on firm performance,  especially at new ventures. However, economic, social, and political factors can shape the job market in Read More...

Category: Research Insight

Authors: David Lucas , Cristiano Bellavitis and David Park

How Small Business Owners Can Navigate Inflation

Editor’s note: This article is part of Lessons from Leaders, a Next Avenue initiative made possible by the Richard M. Schulze Family Foundation and EIX , the Entrepreneur Innovation Exchange. A Read More...

Category: Features

Author: Terri Williams

What Family Businesses Need to Know About the Silicon Valley Bank Failure

Silicon Valley Bank (SVB) failed Friday, March 10, 2023. SVB was remarkable in the US banking system due to the unique capabilities and products it developed to serve the unique needs of Read More...

Category: Applied and Practice

Author: Jon Eckhardt

How Family Businesses Survive Unexpected ‘Wild Cards’

One of the key concerns for family businesses is continuity. Unlike non-family firms, many family businesses display a longevity that may span over centuries. In order to survive such long periods, Read More...

Category: Research Insight

Authors: Wojciech Czakon , Monika Hajdas and Joanna Radomska

Falling from Grace: How Scandals Affect Family Businesses

Promoting the family behind the family business can often bring benefits. Consumers can feel better about a product or service – and more likely to trust it and buy it -- if they know a Read More...

Category: Research Insight

Authors: Emanuela Rondi , Carlotta Benedetti , Cristina Bettinelli and Alfredo De Massis

To Survive a Crisis, Re-Think Your Family’s Ties

As global crises are becoming increasingly frequent and unpredictable, family ties and family relationships—or what are collectively called “family social capital”—become critical for the Read More...

Category: Research Insight

Authors: Elias Hadjielias , Louise Scholes and Mat Hughes

Protect Your Business From Cyberattacks

The challenges entrepreneurs face seem daunting. A global pandemic, rising inflation, and a spate of other problems have entrepreneurs reeling. To add to the mix of problems entrepreneurs face, Read More...

Category: Applied and Practice

Author: Joseph Simpson

What the Pandemic Has Taught Us About Crisis Management

Because COVID-19 had effects unlike any other crisis, crisis management research has received increased attention in the past few years. Within a few weeks, economic life was turned completely upside Read More...

Category: Research Insight

Authors: Matthias Breier , Sascha Kraus and Thomas Clauß

Dealing with Inflation: Advice From the Experts

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