Category: Applied and Practice

The ability to sell an idea – to colleagues, management, potential investors, and customers – has never been more crucial for business people, especially in a digital world with a loud and Read more

Part 1 of a two-part series Are you familiar with any of the following scenarios? “My business unit leaders never set realistic budgets, I have to push them and prod them to get growth—did I hire Read more

Attitudes Towards Money Can Cloud Family Business Decisions

In our work with business families, we encounter a wide range of approaches for establishing financial targets and making financial business decisions. Interestingly, such practices often diverge Read more

How to Transform an Outdated Board

Creating a board of directors is not a one and done activity. As a business grows and the business environment evolves, boards often need to be revitalized and transformed to adjust to the new Read more

Using AI to Grow Your Family Business

Just two years ago, generative AI was not on anyone's radar. But today, it promises to be one of the most disruptive forces for family businesses and all kinds of firms. We have seen it in our own Read more

It is always exciting when a startup grows big enough to hire beyond the founding team. It can also be frightening for the founders, because being an employer means new responsibilities: writing job Read more

The transportation industry, and the shift to renewable energy, is ripe with opportunities for entrepreneurs and innovators who yearn to help shape a more sustainable future and boost their own Read more

The rapid advancement of generative AI (GenAI) tools like ChatGPT, DALL-E, and others represents an exciting new frontier for enhancing human creativity. As these technologies gain capabilities once Read more

Punishment, Reward, Control: How Money Shows Up in the Business Family

In popular culture, the portrayal of family businesses in movies and TV shows, such as Ridley Scott’s "House of Gucci" or HBO’s "Succession," often revolves around the pursuit of wealth and the Read more

Master Three Perilous Stages of Family Business Transition

Succession is the biggest threat to the robust returns of family business ownership . If you don’t master the three perilous stages of transition, you risk damaging your family business and legacy. Read more