Reevaluating Short and Long-term Incentive Plans During a Crisis

Reevaluating Short and Long-term Incentive Plans During a Crisis For the past two months, boards and management teams have been working overtime to react quickly and grasp the impact of the Corona Virus. For the most part, organizations, such as yours, have undoubtedly been focused on immediate business concerns such as employee safety and financial…

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Anything You Can Do I Can Do Better: Diversity In Family Businesses

Gender Diversity In Family-Owned Businesses So much in the news today is centered around diversity in the workplace. While family-owned businesses grow and thrive in the current culture, they are not immune to other organizations’ challenges. Addressing the topic of diversity is not a new hurdle either. Of course, much of the debate is unwarranted…

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Empirical Evidence On How Family Owned Businesses Deal With COVID-19 Novel Coronavirus

In a recent research article from the International Journal of Entrepreneurial Behavior & Research, researchers investigated the effects of the COVID-19 crisis on family firms to provide some interesting insights which shows that the pandemic represents a unique challenge for companies impacted by the crisis. The study shows how companies in all industries and varying…

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Business: The Living Organism

Characteristics of Life There is a concept known as corporate personhood, that is, the legal notion that a corporation, separate from human beings that run and operate it, have legal rights and responsibilities that are typically only enjoyed by natural persons. The United States Constitution protects corporations under the Fourteenth Amendment (Trustees of Dartmouth College…

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Why Family Owned Businesses are Vital to Our Economy

As expected, the outlook from the perspective of middle-market, family-owned businesses was equally encouraging. Family-owned businesses are the quintessential entities behind economic prosperity in our American culture. Comprised of hard-working, entrepreneurial minds, those who run these businesses represent the consummate professionals that are the inspiration behind American ingenuity. According to Rob Ferguson of Ferguson Interests,…

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Understanding the Roles of a Board of Directors

One might naturally assume that the C.E.O. of a company is the one who is in charge of the business. The reality is, that while C.E.Os often enjoy the spotlight, and are indispensable to the success of a company, there is a group of individuals, often operating behind the scenes, that has the ultimate fiduciary…

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C-Level Executives Have Their Heads in the Cloud: Or At Least They Should

In a recent article by Tom Axbey at ChiefExecutive.net, Axbey discusses the roles of C-level managers as they pertain to cloud computing. With the ever-changing digital landscape, CEO’s and CFO’s are being challenged to adapt, implement, manage and massage their digital strategies through cross-departmental collaboration. These kinds of integrations help to advance truly strategic organizations. As…

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Finding a Niche Helping Others Succeed

Finding a Niche Helping Others Succeed As seen in its original format at https://www.partnersinwealth.com Spotlight: Rob Ferguson Some professionals carefully plan out every step of their career. Others let circumstances lead them. Rob Ferguson of Ferguson Interests, LLC is the latter. Though his home was flooded by Hurricane Harvey, he took time to sit down with…

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