While family owners can sometimes be bad for business, they can also be beneficial in many ways.
By investing in corporate social responsibility initiatives, family-owned businesses can make financial gains while also making positive societal contributions.
Breaking out of the boardroom brings in fresh ideas.
Illustration by Isobel Joy Te Aho-White.
Ki te tini o ngā umanga Māori, he whānui kē atu ngā hua ka whāia tēnā i ngā putanga ahumoni anake. He rautaki reanga-maha ō rātou, he whakanoho rātou i te painga mō te katoa hei ahunga mō te ihu o te waka. He akoranga i konei mō ētahi atu umanga.
Illustration by Isobel Joy Te Aho-White.
Māori businesses often prioritise more than financial results, have multi-generational strategies and put community at the centre of planning. Other businesses could learn from this.
Some businesses have managed to build positive outcomes from the crisis.
The coronavirus crisis has hit many businesses hard, but some have turned their difficulties into a springboard to move the company forward.
Elon Musk is making a big bet with his new Gigafactory near Berlin.
One of the questions I’m asked most frequently is: how can you make sense of Tesla’s wild strategies?
Ikea’s Hyderabad store has not been as busy as the Swedish giants had hoped.
fotosunny / Shutterstock.com
India’s furniture industry is worth US$32billion and is projected to double by 2023.
The two supermarkets will not become one.
John David Photography / Shutterstock.com
Sainsbury’s faces tough times ahead following the blocking of its merger with Asda.
Winning big often involves looking for the opportunities that are the opposite of what everyone else is doing.
Houston Rockets head coach Mike D'Antoni, during Game 2 of the NBA basketball Western Conference finals against the Golden State Warriors in Houston. D'Antoni successfully resisted calls to change his team’s offensive strategy after losing Game 1.
(AP Photo/David J. Phillip)
Research has shown that the most successful basketball coaches resist pressure to make changes during games. Choosing not to make a move is sometimes also the right call for business leaders.
Congress could learn a thing or two about acting proactively from Elon Musk, seen here with his Dragon space capsule.
AP Photo/Jae C. Hong
Research shows the ability to act strategically for the long term is a key component of successful leadership – and sorely lacking in Congress these days.
A classic example of successful issue management is the NRA’s actions in the wake of the Las Vegas shooting.
In the wake of the Vegas shooting, the NRA has turned the public’s attention away from the core issue of banning guns by using a business strategy called issue management.
Twitter is experimenting with 280 characters.
Twitters experiment with 280 characters bears a remarkable resemble to the time Coca Cola changed its formula. That didn’t end well.
Apple seeks out the high ground.
EPA-EFE/APPLE INC. / HANDOUT
The tech giant has doubled down on its strategy of exclusivity, but does it risk weakening its position in emerging markets?
In 2005, regulations were introduced that required US firms paying CEOs with stock options to list them in financial statements.
Compensating executives with stock options doesn’t necessarily lead to more risk taking and higher dividend payouts.
The crunch for platforms will come when labour market conditions improve and workers have more alternatives.
Today’s manifestations of the gig economy are tilted in favour of too few beneficiaries, and are not built to last.
What the lessons of failed high street brands mean as M&S finally makes a big move.
Many brands, particularly those from countries associated with poor production quality, attempt to disguise their origins.
humphery / Shutterstock.com
Making products in our new economic age is fast becoming a partnership with customers, not just a transaction.
Cybersecurity risks increase with the amount of outsourcing a company does.
Business Briefing: hack-proof, how business can stay ahead in cybersecurity.
The Conversation 15.3 MB (download)
Businesses are going about cybersecurity the wrong way and need to go back to the question: what are you trying to protect?