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Seven Strategies to Survive the Post-Pandemic Labor Shortage

hope is the worst phase of the COVID-19 pandemic, family businesses are faced with several human resource Read More...

Category: Applied and Practice

Authors: Roland Kidwell and Victor Boyi

Encouraging Family Business Members to Go the Extra Mile

Family firms typically emphasize one of two management approaches: stewardship, which stresses participation, adaptability and family harmony; and agency, which emphasizes discipline, management and Read More...

Category: Commentary

Authors: Kimberly Eddleston , Franz Kellermanns and Roland Kidwell

Which Kinds of Workers Leave Family Firms?

Working in a family firm can be either satisfying or stifling for someone who’s not a relative. Interpersonal relationships can be stronger than they would be in non-family firms, and the work Read More...

Category: Applied and Practice

Authors: Franz Kellermanns , Nicole Gottschalck and Christina Guenther

How to Grow Your Family Business

This article is part of America’s Entrepreneurs , a Next Avenue initiative made possible by the Richard M. Schulze Family Foundation and EIX, the Entrepreneur and Innovation Exchange .) Taking a Read More...

Category: Features

Author: Kerry Hannon

What Airbnb Can Teach Entrepreneurs About Layoffs

In May of 2020, Airbnb co-founder and CEO Brian Chesky sent a letter to all Airbnb employees around the world announcing the layoff of nearly 1,900 of the 7,500 employees (referred to as "teammates), Read More...

Category: Commentary

Authors: Tommaso Minola , Mario Salerno and Daniel Agyare

Three Strengths that Can Help Family Firms Survive Covid

Family businesses are unique, with many advantages that stand them in good stead during times of crisis. While there are unique strengths for family-owned firms working in a world changed by Read More...

Category: Applied and Practice

Author: Doug Baumoel

Everyday Gratitude in Times of Uncertainty

EDITOR'S NOTE: This popular article from three years ago is still relevant today. The author has updated it for 2023. Three years ago, we were emerging from a fiercely battled presidential election Read More...

Category: Applied and Practice

Author: Carol Wittmeyer

How Family Firms Help Non-Family Employees Feel Like Family

These family firms appear eager to pursue approaches that improve their human resource management and Read More...

Category: Applied and Practice

Authors: Peter Jaskiewicz , Josh Hsueh , Elizabeth Tetzlaff and Giovanna Campopiano

How the Right Mix of Employee Incentives Fosters Innovation

Policymakers should be wary of forcing specific human resource practices on family firms if they want Read More...

Category: Research Insight

Authors: Elisa Villani , Christian Linder , Alfredo De Massis and Kimberly Eddleston

ADHD Can Affect Entrepreneurs’ Earnings and Business Success

The mental health crisis has affected public safety, schools, politics and business and provoked a worldwide discussion on how we can better help individuals who are suffering from mental illness. Read More...

Category: Research Insight

Authors: Vassiliki Bamiatzi and Nick Williams