In her discussion with Matt Nielsen of Nielsen-Massey Vanillas International, Editor Kimberly Eddleston goes into a sensitive topic for many family firms: whether an outside leader is better equipped
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From “Dallas” and “The Godfather” to “House of Gucci” and “Succession,” popular culture has always relished watching how resentments, squabbles and back-stabbing can pulse through a
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The challenges entrepreneurs face seem daunting. A global pandemic, rising inflation, and a spate of other problems have entrepreneurs reeling. To add to the mix of problems entrepreneurs face,
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What happens at a family firm with shared ownership and leadership? Matt Nielsen, Managing Director of Nielsen-Massey Vanillas International Europe, is candid about the disagreements and
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In late May, Tesla Chairman Elon Musk stunned the world by announcing that Tesla employees must return to the office full time or lose their jobs. Moreover, as the leaked Musk email pointed out,
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Over time, family firms often experience growing pains. The growth of their business may outpace their infrastructure and processes, or their infrastructure and processes may be stifling their
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Gordon Davis and Jim Wetherbe at the Celebration of 50 Years of MIS at the University of Minnesota in 2018. It takes a Herculean entrepreneurial effort to create and sustain a new academic
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Lavazza. Alessi. Olivetti. Campari. These brands evoke images of products, advertisements, or memories of our past: the aroma of Lavazza coffee or an Alessi coffee maker at work, the sound of keys on
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With a great product, smart strategy and lots of hard work, a startup can mature into a midsized company, defined as a firm with between $10 million and $1 billion in revenue. This stage is
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Around the globe, family businesses are grappling with the effects of inflation, now at its highest level in 40 years. A recent NFIB report noted that over 30% of business owners feel inflation is
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