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

Business Families Must Get Real About Growth and Payouts

Your CEO Affects How Outsiders Perceive Your Brand

ESG Essentials For Family Firms

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

Tariffs, Turmoil, and Family Tiffs: Navigating the Current Chaos

by Joseph Astrachan and Claudia Binz Astrachan / Practice Insight

You can support your business through economic uncertainty and maintain unity and commitment. Read more...

Family Firms: The Time to Learn About AI is Now

by Marek Kolinski and Stephanie Larscheid / Commentary

Like the telephone or the internet, AI is here to stay, and we need to learn how to work with it. Read more...

Why Some Job Seekers Avoid Family Firms

by Duygu Phillips, Kristen Madison, Sandra Wolf, Andreas Hack, and Franz Kellermanns / Research Insight

Family firm branding can make a company appear authentic, but it's also important to convey innovativeness, prestige, and a fair shot at getting ahead. Read more...

Outsource or Hire? Advice for Family Businesses

by Kimberly Eddleston / Interviews

Ben Berger and Ron Nahass of RSM talk about the benefits of letting outside contractors handle critical business functions. Read more...

by Joseph Astrachan and Claudia Binz Astrachan

Consumers Love Local Brands. That's Good News For Family Businesses

by Philipp Jaufenthaler, Andreas Kallmuenzer, Sascha Kraus, and Alfredo De Massis

How Family Businesses Survive Unexpected ‘Wild Cards’

by Wojciech Czakon, Monika Hajdas, and Joanna Radomska

Outside Leadership Can Save the Family Business

by Robert Sher

Why Don't You Educate Your Owners?

by Tom Rüsen, Claudia Binz Astrachan, and Ruth Orenstrat