crisis management

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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

Spinning Ourselves Around: How to Manage The Emotional Turmoil of Crises

Research continues to draw connections between the emotional swings of entrepreneurs and both their overall well-being and their business success. It is becoming clear external events play a role in Read More...

Category: Research Insight

Authors: Kevin P. Taylor and William Martin

How SitePro Innovated and Diversified in Times of Crisis

Entrepreneurial startups face a clear tension during times of turbulent change like the COVID-19 pandemic. On the plus side, startups are small, collaborative, creative and flexible, making them Read More...

Category: Case Studies

Authors: Theodore L. Waldron and James C Wetherbe

Sinking ship? How one family firm sailed through several crises

By Tanja Leppäaho, Paavo Ritala and Mat Hughes In our personal lives, sometimes it takes a crisis – an illness, divorce, job loss or another challenge – to get us to change long-held attitudes Read More...

Category: Research Insight

Author: Mat Hughes

Challenge for 2022: Innovating Despite Uncertainty

The year-end is traditionally a time for setting new goals for the coming year, but if we've learned anything from 2020 and 2021 it's that our best-laid plans must be flexible. The continued Read More...

Category: Commentary

Authors: Daniel Forbes and Jon Eckhardt