Tag: crisis management

A Family Illness Can Infect the Business, Too

Serious health problems can disrupt leadership, finances, customer relationships, and more. New research shows how family firms can prevent illness from becoming a business crisis. Family businesses Read more

When every problem feels urgent, it often signals an inability to prioritize. Leaders need to identify why this is happening, and develop protocols for moving forward. When a company leader complains Read more

Why Family Business Strengths Can Become Weaknesses in a Crisis

Family businesses often rely on loyalty, long-term thinking and strong relationships. But research shows those same strengths can backfire when crisis hits. For most family business owners, the Read more

Strong Family Businesses Think Short Term and Long Term at the Same Time

In a crisis, family firms cannot afford to focus only on immediate survival or future legacy. The most resilient ones do both, drawing on past lessons, trusted relationships, and long-standing Read more

In a candid interview from Mayo Clinic’s Hope Lodge, City Girl Farming founder Justyna Miranda explains how she’s navigating a rare cancer diagnosis—and why resilience is a business strategy, Read more

Resilience-seeking is not primarily about outperforming rivals but about adapting to a broad range of unexpected challenges that fall outside market competition. EDITOR'S NOTE: This article was Read more

Businesses in trouble can reap benefits by displaying humility – but the rules differ for family and non-family firms. Across the United States, both family-run and nonfamily-run businesses have Read more

Newer, smaller businesses, often led by entrepreneurs, are usually comfortable operating in dynamic, ever-changing, and even unpredictable environments. They are quicker than larger firms to innovate Read more

Recruiting and hiring the right people can have a dramatic impact on firm performance, especially at new ventures. However, economic, social, and political factors can shape the job market in nuanced Read more

Editor’s note: This article is part of Lessons from Leaders, a Next Avenue initiative made possible by the Richard M. Schulze Family Foundation and EIX , the Entrepreneur Innovation Exchange. A Read more