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.

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Collaborative Action Exercises Engage Students More Fully Than Lectures and Exams

How Do Owners of Family Business Portfolios Restructure Poorly Performing Firms?

Academy of Management Honors FamilyBusiness.org Editor Kimberly Eddleston

How Women Directors Decrease Cost of Capital at Family Businesses

Popular Topics

Money

Financing, revenue, profits

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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

Storytelling Vividly Illustrates Your Family Business Values

by Eva Fischer Hansen / Practice Insight

Passing on stories among family members from one generation to the next is one powerful way values can be passed through multiple generations without being reduced to meaningless words. Read more...

Renewing the Empire: A Family Firm's Succession and Refit Journey

by Melania Riefolo, Sena Özkara, Baris Istipliler, and Jan-Philipp Ahrens / Research Insight

Next-gen leaders often have a clearer view of how the family business must change. The challenge is to preserve the culture and values while making change happen. Read more...

How Business Families Can Invest for Social Impact

by Cristina Maria Cruz Serrano, Rachida Justo, and Jeanne Roche / Research Insight

Business families have many ways to combine financial returns with philanthropy. The choice depends on their values, long-term goals and other factors. Read more...

Should Former Leaders Stay Involved in the Family Firm?

by Melania Riefolo, Sena Özkara, Jan-Philipp Ahrens, and Niloufar Nekouei / Research Insight

The successor's readiness for the top role, and the firm's age and experience with previous successions, are main factors to consider. Read more...

by Tom Rüsen, Torsten Groth, and Arist von Schlippe

How to Plan for a Successful Succession

by Richard Eisenberg

When the Family Leaves the Business, Can Their Values Remain?

by Roy Suddaby, Wilson Ng, Natalia Vershinina, Gideon Markman, and Matthew Cadbury

What it Takes to Build a Four-Generation Business

by Kimberly Eddleston

Too Much Love in the Family Can Hurt

by Ines Herrero and Mat Hughes