Category: Applied and Practice

Family Firms: Building Resilience Across Generations

Building on three specific attributes -- long-term orientation, social capital, and values-driven governance -- helps families build strengths for generations to come. Family businesses are often Read more

Successful entrepreneurs solve the right customer problems, but some of them are not worth solving or building a business around. Here's how to analyze the possibilities. Problems surround us. From Read more

Like marriage, business alliances start off with a honeymoon, but rocky times are inevitable. Here are the predictable phases and how to navigate common problems. Part 3 in a series Strategic Read more

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