Strategy

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What Family Businesses Should Address Before the Owner Walks Away

Reducing conflict and strengthening business performance may be as important as succession planning when preparing for a leadership transition. Only about a third of family businesses make it to a Read More...

Category: Theory and Research

Authors: James Hoffman , Ritch Sorenson and Keith Brigham

Why Entrepreneurship Schools Should Make Better Use of Adjunct Professors

Adjunct professors often bring deep startup and investing experience. Integrating them more closely can improve teaching, research and connections to practice. EDITOR’S NOTE: Steve Blank, who has Read More...

Category: Commentary

Author: Steve Blank

How Family Businesses Can Unlock Their Innovation Potential

Family businesses can innovate more effectively when their appetite for risk and tradition aligns with family cohesion and the diversity of family goals. When it comes to innovation, family firms Read More...

Category: Applied and Practice

Authors: Emanuela Rondi , Alfredo De Massis and Josip Kotlar

How to Professionalize a Family Business Without Losing the Family: Hyannis Country Garden

Stronger procedures and financial discipline helped Hyannis Country Garden improve performance while preserving the trust and support of family members. This feature and video are part of America’s Read More...

Category: Features

Author: Alauna Yust

Should You Name Your Business After Yourself?

Research on 1.8 million firms suggests businesses named after their owners may gain a performance advantage while putting the founders' reputation at greater risk. What's in a name? For many Read More...

Category: Applied and Practice

Author: Sharon Belenzon

How to Build a Stronger Board for a Family Business

Strong family business boards use competency-based selection, outside directors, diverse skills and limited family representation to improve governance. It's important that current or future members Read More...

Category: Education and Teaching

Author: Whitney Peake

The Four Parts of a Profitable Business Model Every Entrepreneur Should Understand

Margins, volumes, operating leverage and revenue drivers determine whether a venture can make money. This framework helps founders diagnose weaknesses before they become costly. Entrepreneurs usually Read More...

Category: Applied and Practice

Authors: Michael Morris and April Spivack

The Sustainable Entrepreneur: Balancing People, Planet and Profit

Entrepreneurs and business leaders are blessed and cursed with thinking about their businesses 24 hours a day. It becomes their life focus. What is it that consumes them? Bottom line? Employee Read More...

Category: Commentary

Author: Dave Feldman

Why Venture Capital Reputation Can Be Worth More Than Money

Prestigious VCs can offer networks, referrals, management advice and credibility that founders may value more than a higher valuation alone. New venture capital firms must make a variety of strategic Read More...

Category: Applied and Practice

Author: David Hsu

When Startups Need Diverse Teams and When Technical Teams Work Better

Diverse teams perform better in competitive markets, while technically focused teams can excel when innovation and cooperation with incumbents matter most. Entrepreneurs who want to turn a great idea Read More...

Category: Applied and Practice

Authors: Charles Eesley , Edward Roberts and David Hsu