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How Family Businesses Can Attract and Keep the Best People

Despite the COVID-19 pandemic being mostly behind us, many organizations, particularly family-led small and medium-sized businesses (SMEs), are still grappling with the fallout. During a crisis or Read More...

Category: Research Insight

Authors: Qizhen Cai and Kimberly Eddleston

Can Leisure Bring Work-Related Benefits?

How should entrepreneurs spend their time to enhance their effectiveness? Conventional wisdom would suggest that they must dedicate almost the entirety of their time and effort at work to breathe Read More...

Category: Research Insight

Author: Alexander Hamrick

A New Entrepreneur Focuses on Staffing Plans

  Editor’s note: In this series, Next Avenue will follow Patricia Wynn as she embarks on becoming an entrepreneur with her North Carolina lifestyle assistant business. Future installments will Read More...

Category: Features

Author: Leslie Hunter-Gadsden

A Family Firm Can Be Both an Innovator and a Great Place to Work

Photo Courtesy of Carl Schlenk AG To thrive, family firms need to cultivate loyal, long-term employees, as they ensure a stable and reliable business. At the same time, family firms need to encourage Read More...

Category: Research Insight

Authors: Emanuela Rondi , Ruth Überbacher , Leopold von Schlenk-Barnsdorf , Alfredo De Massis and Marcel Hülsbeck

Fostering Diversity and Inclusion Can Be Good for Business

Diversity and inclusion programs are being embraced by firms of all sizes everywhere. In this interview, family business Editor Kim Eddleston talks with Professor Michelle Duguid, who runs the Read More...

Category: Interviews

Author: Kimberly Eddleston

Entrepreneurship in an Era of Digital Transformation

  Entrepreneurs face many challenges when building a new company from an innovative idea -- financial pressures, networking for seed money, satisfying venture investors who have their own Read More...

Category: Commentary

Author: Elisabeth E. Bennett, PhD

Seven Strategies to Survive the Post-Pandemic Labor Shortage

Small and medium-sized family businesses, which employed a large proportion of the labor force before the COVID-19 pandemic, are reeling from the post-pandemic challenge of retaining current staff Read More...

Category: Applied and Practice

Authors: Roland Kidwell and Victor Boyi

She Always Gives Her All to the Family Firm -- but He Follows the Leader

It’s been proven that dedicated employees who go above and beyond what the job specifies help their companies be more efficient and keep customers happy. Other research has shown that leaders can Read More...

Category: Research Insight

Authors: Kimberly Eddleston and Kristen Madison

Learn from Leaders #4: Building a Team

  This is the fourth video in our exclusive series called "Learn from Leaders," featuring advice for early-stage entrepreneurs and innovators from founders and CEOs of groundbreaking Read More...

Category: Interviews

Authors: Daniel Forbes and Jon Eckhardt

Three Strengths that Can Help Family Firms Survive Covid

Family businesses are unique, with many advantages that stand them in good stead during times of crisis. While there are unique strengths for family-owned firms working in a world changed by Read More...

Category: Applied and Practice

Author: Doug Baumoel