Business structures

As the parents of two children with Down syndrome, the authors learned that 80% of people with disabilities in the United States are unemployed. They...

After working at his family's coat manufacturing company for a few years, the author realized that high-end coats made in Canada could become a luxury...

Owners need to get their house in order first.

When a crisis forces outside directors to navigate major changes, investors and directors must adopt new roles. The largest such case to date provides some useful lessons. The Royal Dutch/Shell Group was a 60/40 joint venture between Royal Dutch Petroleum and Shell Transport and Trading. It was run by a five-person committee of managing directors […]

Three elements to focus on.

As China's economy grows and opens further, the opportunity it presents to multinationals is changing. Foreign companies are moving to country development...

While in-depth analysis of competitors and suppliers is de rigueur in formulating strategy, surprisingly few companies pay much attention to firms that sell complementary products and services.

It's smart to pool resources.

Many companies can dramatically improve their products and services by using machine learning-an application of artificial intelligence that involves...

Champions of virtual corporations urge managers to subcontract anything and everything. And because several high-profile corporate giants have been outperformed...

As the traditional avenues of corporate growth become less attractive, many companies find the appeal of new venture strategies harder to resist. Though difficult to implement and often slow to repay investment, these strategies do offer the promise of facilitating entry into new business areas with innovative, usually technology-based products. And for large companies with […]

Family directors are critical for aligning owners’ interests with those of other shareholders.

Valuation used to be the province of finance specialists. That’s no longer true.

Setting boundaries is especially tricky.

Focus on resilience, not short-term performance.

Yes, by embracing the complicated family dynamics.

Focus on fairness.

Mike Graves, the general manager of a U.S. apparel company's 50/50 joint venture with a Chinese manufacturer, has made the joint venture into a big success,...

A guide to being an effective sponsor—and a good protege—throughout your career

When Pinault stepped into the top job at Kering (formerly PPR), in 2003, he faced a key question: Should he leave things as they had been under his father,...