According to research conducted by the Cox Family Enterprise Center, 80 percent of the world’s businesses are family-owned, and 60 percent in the U.S. In fact, in this country, family-run businesses account for more than half of the gross domestic product.
Perhaps neither of the first two statistics are surprising. But, consider that nearly 35 percent
John Hoffmire, PhD Director of the Center on Business and Poverty, University of Wisconsin-Madison, Wisconsin School of Business, Chairman, Progress Through Business
Thomas Harms, Director, Progress Through Business
Copyright © 2009 by Filene Research Institute. All rights reserved.
ISBN 978-1-932795-58-5
Printed in U.S.A.
Progress is the constant replacing of the best there is with something still better!— Edward
I know that many will say: “But the choice is not whether wealth should be taxed or given way.” Stay with me for a few paragraphs.
In 2006, Warren Buffet made the decision to gradually give away all of his Berkshire Hathaway stock, amounting to billions of dollars. Buffet says, “More than 99 percent of my
On March 26, the value of shares in King Digital, maker of Candy Crush, fell 16 percent in its first day of trading on the New York Stock Exchange. Some people lost a lot of money on this company that makes games. At the same time, lots of others have done very well, as managers and early
In the fight against poverty, few issues are more contentious than the allocation of the billions of dollars set aside to help those in need. Whether the money comes from private donations or state tax revenues, arguments over how to use the monies arise both in domestic and international politics. This debate usually focuses on balancing
For what we believe is the second time in the world, an ongoing class will be taught as part of a major MBA program. The Said Business School at the University of Oxford will have classes taught by John Hoffmire – beginning in both September of this year and April of next year.
The focus of
Plans are being made to privatize Royal Mail, the distribution entity of the UK government which delivers letters and packages. As part of this transaction, upon completion, employees will receive 10% of the company stock. The value of this stock is estimated to be worth approximately $3000 per employee, which is proposed to be shared
Every December, for the past 170 years, Ebenezer Scrooge has been haunted and redeemed. In print, on stage or on film, his story, through years of adaptations, has become part of our folklore. The dreadful, heart-of-stone miser who sees the error of his ways in time to become a truly good man: a staunch friend,
James Lee Sorenson donates $13 million to the David Eccles School of Business at the University of Utah for the creation of the James Lee Sorenson Center for Global Impact Investing Tuesday, Jan. 15, 2013. (Scott G Winterton, Deseret News)
Philanthropy in Utah took a large step on Jan. 29 when the business school at the
Survivors from the world of drug addiction and the dark world of sex trafficking and violence often have heart-wrenching stories; girls and women with so much potential, lost to the pain and suffering of sexual exploitation. The hope in these stories can be found in the resiliency of survivors and their ability to create meaningful
From the year 2009 through 2012, “crowdfunding,” a new type of fundraising, grew 91 percent in its worldwide funding volume. Over those four years,its funding volume increased from $530 million to $2.8 billion. What is this fast-growing fundraising phenomenon? It involves a combination of the Internet and social networking to attract a wide variety of interested donors and investors to
As Africa awakes to its enormous promises and confronts the challenges that it must surmount, the recent World Economic Forum Africa Summit in 2013 reflected on how Africa’s entrepreneurs can be transformed into global champions.
The key points that emerged were that, though entrepreneurship is growing rapidly in Africa, there are significant difficulties and barriers that entrepreneurs must confront. Lack of access
The road to Mosiro is long, uncertain and difficult to navigate in many ways. Sometimes you will cross rifts in the road that could have been called valleys; some places the track is washed out and you must detour through the savanna.
Life is also hard on the savannas of Kenya for the Maasai people. Life was made many
“With power comes responsibility – it is as simple as that” said Professor Peter Tufano as he welcomed visitors to a discussion about business leadership and responsibility to celebrate the creation of the Kim B. Clark Fellowship in Responsible Leadership at Saїd Business School at Oxford University on September 7th. “Business organisations have power. How should
While there has been much written about the terrible events that took place at the Westgate Shopping Center in Nairobi, there has been less said about the progress made in Kenya to overcome home-grown political violence. On Dec. 27, 2007, Kenya’s incumbent President Mwai Kibaki claimed victory in an election amid cries of scandal and
This is a tale of two development models used by northern Mexican cities. Both of them are located in the state of Chihuahua; one of them can be considered a success and the other, although it had a recent turnaround, has seen a bitter and brutal chapter of its history unfold during the last decade.
We find the opinion section in newspapers and online publications a valuable forum for the discussion and exchange of ideas. For those of you interested in joining the conversation, but unsure how to get started, we would like to lay out a few observations and guidelines that we have gleaned from experience
Salt Lake City and Mexico City are places that have faced large air pollution issues in recent years. Although the two cities are very different, they have the same interest in controlling this malady, and despite the fact that the cities are not comparable, it doesn’t hurt to see what each one has done. Both
