Management

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Non-Family Board Members Bring Perspective and Growth

What happens at a family firm with shared ownership and leadership? Matt Nielsen, Managing Director of Nielsen-Massey Vanillas International Europe, is candid about the disagreements and stalemate Read More...

Category: Interviews

Author: Kimberly Eddleston

The Hybrid Workplace is Here to Stay: 5 Ways to Make it Work

In late May, Tesla Chairman Elon Musk stunned the world by announcing that Tesla employees must return to the office full time or lose their jobs. Moreover, as the leaked Musk email pointed out, Read More...

Category: Applied and Practice

Authors: Claudia Binz Astrachan and Lars B. Sonderegger

Growing Pains? Advice to Recharge and Sustain Growth

Over time, family firms often experience growing pains. The growth of their business may outpace their infrastructure and processes, or their infrastructure and processes may be stifling their Read More...

Category: Interviews

Author: Kimberly Eddleston

Remembering Gordon Davis, Founder of Management Information Systems

Gordon Davis and Jim Wetherbe at the Celebration of 50 Years of MIS at the University of Minnesota in 2018. It takes a Herculean entrepreneurial effort to create and sustain a new academic Read More...

Category: Commentary

Authors: Brian Janz and James C Wetherbe

What Olivetti Style Teaches Us About Lasting Aesthetic Legacy

Lavazza. Alessi. Olivetti. Campari. These brands evoke images of products, advertisements, or memories of our past: the aroma of Lavazza coffee or an Alessi coffee maker at work, the sound of keys on Read More...

Category: Commentary

Authors: Peter Trümmel , Vittoria Magrelli and Alfredo De Massis

From Startup to Midsized Company: Managing the Growing Pains

  With a great product, smart strategy and lots of hard work, a startup can mature into a midsized company, defined as a firm with between $10 million and $1 billion in revenue. This stage is Read More...

Category: Interviews

Author: Kimberly Eddleston

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

Developing Competent Owners and Stewards for a Lasting Family Business

The ultimate goal of many enterprising families is growing a prospering organization stewarded by a committed group of united family owners. And while many succeed in developing a successful Read More...

Category: Applied and Practice

Author: Claudia Binz Astrachan

Intrapreneurship Can Turbocharge Companies

In his book  Lean Startup in Large Organizations , corporate innovation expert  Jim Euchner offers a systematic approach to successfully implementing Lean Startup practices in established Read More...

Category: Applied and Practice

Authors: Catherine Buday and Jim Euchner

The Learning Curve of Starting a New Business

Patricia Wynn of Patricia Services, LLC  |  Credit: Patricia Wynn Editor’s note: In this series, Next Avenue will follow Patricia Wynn as she embarks on becoming an entrepreneur with Read More...

Category: Features

Author: Leslie Hunter-Gadsden