crisis management

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Always Putting Out Fires? Time to Rethink How Work Gets Done

When every problem feels urgent, it often signals an inability to prioritize. Leaders need to identify why this is happening, and develop protocols for moving forward. When a company leader complains Read More...

Category: Interviews

Author: Kimberly Eddleston

Interviewee: Nicole West

Why Family Business Strengths Can Become Weaknesses in a Crisis

Family businesses often rely on loyalty, long-term thinking and strong relationships. But research shows those same strengths can backfire when crisis hits. For most family business owners, the Read More...

Category: Research Insight

Author: Michael Kuttner

Strong Family Businesses Think Short Term and Long Term at the Same Time

In a crisis, family firms cannot afford to focus only on immediate survival or future legacy. The most resilient ones do both, drawing on past lessons, trusted relationships, and long-standing Read More...

Category: Research Insight

Authors: Vanessa Diaz Moriana , Eric Clinton , Catherine Faherty and Colm O'Gorman

'Turning Around the Titanic:' An Entrepreneur’s Fight to Keep Going

In a candid interview from Mayo Clinic’s Hope Lodge, City Girl Farming founder Justyna Miranda explains how she’s navigating a rare cancer diagnosis—and why resilience is a business strategy, Read More...

Category: Interviews

Author: James C Wetherbe

Resilience-Seeking: How Leaders Can Expect the Unexpected

Resilience-seeking is not primarily about outperforming rivals but about adapting to a broad range of unexpected challenges that fall outside market competition. EDITOR'S NOTE: This article was Read More...

Category: Research Insight

Authors: Russ Browder, MBA, MDiv, Ph.D , Sean Dwyer, MACCT, Ph.D and Hope Koch, CPA, MBA, PhD

Using Humble Language Can Drive Market Success

Businesses in trouble can reap benefits by displaying humility – but the rules differ for family and non-family firms. Across the United States, both family-run and nonfamily-run businesses have Read More...

Category: Research Insight

Authors: Paul Sanchez , Robert Pidduck , Duygu Phillips and Josh Daspit

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 nuanced 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