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Beliefs about success, responsibility, and value creation reflect the time and place in which business owners grew up. Religion and strong family ties magnified the impact. Family business leaders Read more |
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By Theodore L. Waldron, Jeffery S. McMullen, G. Tyge Payne, Oleg Petrenko and James C Wetherbe on Mon Mar 10 2025
Knowledge, reputation, and personal ties can also be leveraged and weaponized, setting the stage for clashes and disruption. Power, the capacity to influence outcomes positively or negatively, is Read more |
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Being family-owned or socially responsible endears a business to consumers. Having both attributes mutes the impact of family ownership, and requires a different branding strategy. EDITOR’S NOTE: Read more |
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A trustee mentality helps make large families with many shareholders more cohesive, and preserves wealth for generations. Business families with many shareholders and family members who have remained Read more |
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Frank Knight’s work, though written over a century ago, provides insights for navigating the unpredictable world of entrepreneurship. EDITOR'S NOTE: This article was produced in partnership with Read more |
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To attract investment, be realistic about the risks, but present a compelling vision that excites potential supporters. EDITOR'S NOTE: This article was produced in partnership with Strategic Read more |
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While male leaders often view stepping down as a threat to their identity and accomplishments, female leaders appear to be motivated by other factors. EDITOR‘S NOTE: This article was produced in Read more |
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By Wim Biemans and Avinash Malshe on Thu Jan 30 2025
Remote teams face unique challenges when developing new innovations. Our research identified the best practices for leveraging digital tools to address these challenges. The rise of digitalization Read more |
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Family-owned businesses often struggle to compete with non-family firms when it comes to recruitment, and understanding the expectations of job seekers is crucial to attract the best talent. Read more |
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By Fabian Bernhard on Tue Jan 21 2025
Bragging about your family connection is universally bad, but even pride in your accomplishments must be displayed carefully -- especially in eastern cultures. In my experience working with Read more |