Tag: Management of Companies & Enterprises

The number of businesses run by women continues to grow – by 59% between 1997 and 2013 – and women now run between a quarter and a third of all private businesses worldwide. Yet their businesses Read more

Why Family Businesses Need Outside Leaders to Survive Across Generations

Family firms can outgrow the skills of their founders. Hiring experienced outside leaders can strengthen the business and prepare the next generation to lead. Cultures around the world acknowledge Read more

Entrepreneurs usually understand that profit is important. But many are less consciously aware of the actual model by which they will (or will not) make money in their ventures. Many have a gut feel, Read more

Allowing students to venture out into the McDonaldized world helps them see how complex theories work in real life. Max Weber argued that the process of rationalization transformed social life Read more

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

Burn rate and Time-to-Cliff show how quickly cash is disappearing and how much time a venture has before it needs more money. The timing of external funding for a new venture can have dramatic impact Read more

Raising far more than expected can create fulfillment, logistics and legal problems that overwhelm a young venture. What’s better than fully funding your crowdfunding campaign? You might think it's Read more

Why Inventors Should Be Willing to Give Up Some Control

Giving up ownership or profits can be worthwhile if a strong partner helps manufacture, market and distribute an invention to a much larger audience. In this article Dean Kamen, one of the world's Read more

Why Collaboration Works Best in Family Business Conflict

Research suggests collaborative conflict management can strengthen family relationships while also producing better solutions and stronger business performance. Conflict is inevitable in family-run Read more

Best Buy improves customer loyalty by hiring well, training employees, expanding service, rewarding ideas and encouraging experimentation. Most businesses say that they put the customer first. Yet Read more