Learning in the Classroom and Beyond

August 19, 2024 - Issue #124

Helping Next-Gens Envision Their Family Firm’s Future Success This classroom exercise seeks to motivate future family firm leaders to think ahead and design a holistic vision of their family firm in 10-15 years, covering many different (and potentially conflicting) aspects of it.

Family Business Professors: 40 Ways to Energize Your Class These free classroom exercises, interviews and other resources will add new energy, fun and inspiration to your students' course work.

Learning How Family Business Leaders Make Decisions Through Interviews This exercise allows students to apply core family business concepts to a real-world business context, reinforcing their grasp of the course materials.

Team Exercise: How Parenting Styles Affect The Next Generation This experiential exercise is designed to enhance student learning about the four parenting styles and how they affect the dynamics within the family firm.

Developing Competent Owners and Stewards for a Lasting Family Business Educating family members to become such competent, responsible stewards of the family enterprise is a responsibility, and not a choice.

A Secret to Success: Family Business Centers While family members running a business together often lean on one another for advice, they can often learn best from people running other family businesses.

Learn to Defend Your Family Firm This classroom exercise helps future family firm members learn to anticipate outside threats to their business and defend it.

Growing Pains: Helping a Family Office to Evolve The Single Family Office should be a strategic partner that ensures future stability, but this family saw them as a piggybank.

Search & Save Enter search below to create an easy reading list

Collaborative Action Exercises Engage Students More Fully Than Lectures and Exams

Will Your Family Brand Survive New Leadership?

From 'Passing Down' to 'Building Up': Rethinking Values in Family Firms

Families Can Overcome Generational Conflicts Over Technology

Popular Topics

Money

Financing, revenue, profits

Team

Staffing, succession, relationships

Manage

Best practices for running the business

Grow

Increase customers and revenue

Strategy

Making better decisions

Operations

How the best firms run

Recent

Your Investment Strategy Should Reflect Your Family Values and Goals

by Claudia Binz Astrachan, Anneleen Michiels, Massimo Baù, and Chris Graves / Practice Insight

A family investment policy defines how a family manages its collective financial assets in alignment with its shared values, goals, and risk preferences. Read more...

Ready to Lead: Building Confidence Across Generations

by Paul Edelman / Applied and Practice

When families treat readiness as something they cultivate together, the handoff feels less like a loss and more like a natural next step. Read more...

Define Your Legacy, and Strengthen Your Business and Your Impact

by Matthew Fox, Kimberly Wade-Benzoni, and Jeffrey Covin / Research Insight

Unless you clearly define what you want your legacy to be, your successors will interpret it in their own way -- and it might not be what you intended. Read more...

The World is Changing Faster Than Your Strategy

by Torsten Pieper, Claudia Binz Astrachan, Francesco Chirico, and Annika Ehlers / Research Insight

Families that learn to use their cohesion, trust, and long-term orientation as strengths can implement strategies more effectively than their non-family peers, especially in times of uncertainty. Read more...

by Susan Lanz, Gary Burke, Kajsa Haag, and Omid Omidvar

Let the Next Generation of Family Firm Leaders Chart Their Own Path

by Klaus Lüber and Nadine Kammerlander

Here Are the Next Gen's Biggest Worries

by Kimberly Eddleston

How to Plan for a Successful Succession

by Richard Eisenberg

How Three Women Upheld Family Values and Thrived Despite Adversity

by Boyka Simeonova and Mat Hughes

Listening to the Family: The Strategic Value of Surveys

by Claudia Binz Astrachan