Site Staff
EIX Editor
Family Business Editor
Reviewer - EIX
Interest: Innovation Family Business Growth Corporate Entrepreneurship social capital Survival Entrepreneurship
Industry:
Interviewee:
Strong family relationships are good for business, but being too insular will blind the family to great ideas from the outside and actually hurt return on equity.
Everybody is talking about resilience during the pandemic. But resilience alone won't help firms thrive in the post-pandemic world.
Some are rallying the team, communicating better and discovering strength and resilience. For others, the crisis has made their weaknesses and conflicts worse.
This video, also available as a podcast, explores how family businesses are balancing cherished traditions and social capital against the mandate to control costs at a time of economic peril.
This article and podcast explore how family businesses can keep products and services relevant and avoid playing catch-up with competitors.
This article and podcast explore how family firms are adapting in a world where uncertainty is the only certainly. This will define their business strategy for years to come.
Any crisis brings opportunities to rethink what your family business can do or should do moving into the future. This article and podcast will stimulate reflection.
A Finland-based family business that hadn't innovated in calmer times drew on its heritage and untapped strengths to get it through periods of stress.
Strong market knowledge, great relationships with customers and suppliers, and a well-respected brand can actually deter family businesses from taking necessary risks to introduce something new.
A family's enduring values, fully believed and truly lived, can be a compass in hard times and a competitive advantage.
These free classroom exercises, interviews and other resources will add new energy, fun and inspiration to your students' course work.
Too often, family businesses are caught up in their own small circle of relationships. Expanding that circle provides fresh perspectives and helps them thrive.
The good will and bonds that family members have with one another and with outside stakeholders can help the business survive.
It's never too early to plan for succession and get family members ready for leadership. The authors share ideas from research and practice in this video and podcast.
You are welcome to use these tools to help draft, revise, and/or expand on submitted articles -- but make sure you understand our rules.
Alliance will offer family-led enterprises around the world research-tested advice on how to build, manage and sustain vibrant businesses.
This video, also available as a podcast, explores how entrepreneurs, family businesses, and others can use artificial intelligence in practical ways.
Think of AI as a co-pilot to handle mundane tasks. The work that requires creativity, emotional intelligence, empathy, or trust will still be the province of humans.
Technology can now take care of mundane tasks, and give people more time for satisfying, impactful work that requires creativity, emotional intelligence and empathy.
A family business scholar and a consultant discuss family values; succession planning; compensation for family and non-family members; and being bold without burning through resources.
In this audiocast, two family business experts discuss the passions and priorities of the family versus the need for clearheadedness and professionalism.
Our site visitors cared about getting the next generation ready for leadership, having a plan in place, and minimizing conflict and money woes.
We've partnered with top researchers to bring their insights to our wide audience of family business owners and leaders. These articles resonated the most with readers.
Generative AI will be a disruptive tidal wave for all kinds of businesses. These articles show how to harness its force.
This new page of FamilyBusiness.org answers many of your most important questions about succession and has links to dozens of articles.
AI promises to be a tidal wave that wipes out old processes and re-shapes businesses at every stage. Top thinkers share their perspectives in these articles.
“Entrepreneurial entropy” is the natural result of pursuing innovation and opportunities. It can be deadly for struggling ventures that bet the house.
Many readers wanted advice about handling toxic family relationships, managing succession, and preserving the family’s values over time.
‘ESG is an existential issue. Businesses that don’t demonstrate their commitment to sustainable practices could be punished by consumers, the media and even regulators.’