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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 |
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By Duygu Phillips, Kristen Madison, Sandra Wolf, Andreas Hack and Franz Kellermanns on Thu Mar 20 2025
Family firm branding can make a company appear authentic, but it's also important to convey innovativeness, prestige, and a fair shot at getting ahead. While approximately 75% of new jobs worldwide Read more |
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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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Beliefs about success, responsibility, and value creation are not formed in isolation—they are echoes of the time and place in which business owners grew up. Entrepreneurs don’t just wake up one 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 |