Category: Applied and Practice

Effectively negotiated contracts clearly define roles, responsibilities, goals, and milestones, preventing misunderstandings and problems down the road. Second in a series Strategic alliances are Read more

Here’s an overview of how they work, why they succeed or fail, and how to choose a partner wisely. First in a three-part series Strategic alliances are powerful instruments for companies seeking to Read more

AI helps both current and future entrepreneurs accomplish tasks that would have been difficult or impossible before, clearing the way for higher-level thinking, strategizing and learning. EDITOR’S Read more

Smith died in June of 2025, but the 11 management practices he encouraged at FedEx provide timeless wisdom for entrepreneurs and their ventures. EDITOR’S NOTE: FedEx Founder and Executive Chairman Read more

A New Way to Resolve Extreme Conflict in Family Businesses

Family members may feel “trapped” in conflicts, unable to resolve substantive issues without damaging their familial relationships. This often leads to disputes that persist for decades. Conflict Read more

When Family Businesses Should Think Like Private Equity Firms

Adopting all or even some PE investor strategies can add value and enhance competitiveness, especially when a successor takes over or the company may be sold. Family businesses must navigate a Read more

Platform-based services provide easy access to everything new businesses need to thrive -- from technical guidance to supply chain management to financial backing. In recent years, the global Read more

An engineer, entrepreneur, and teacher reflects on what he got wrong, why it mattered, and what he would do differently if he had the chance. Starting a company was a dream come true. Like many Read more

ESG Essentials For Family Firms

‘ESG is an existential issue. Businesses that don’t demonstrate their commitment to sustainable practices could be punished by consumers, the media and even regulators.’ These are the words of Read more

As the authors' experiences and interviews with three academics-turned-innovators show, academia can provide the preparation needed to launch a business. Entrepreneurs are typically depicted as Read more