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

‘SOBs’: The Real Power in Family Businesses

Craft Ventures are More Successful With a Couple at the Helm

Articles About Relationships, Succession Were Top Draws in 2024

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

Hiring Mom and Dad? Optimize Their Strengths and Manage Boundaries

by Kimberly Eddleston / Interviews

Sharon Beck, owner of a Jovie Childcare franchise, shares her insights on the benefits and challenges of being your parents' boss. Read more...

The HERO Model: How Family Enterprise Leaders Can Accelerate Change

by Doug Gray, PhD / Practice Insight

Hope, efficacy, resilience and optimism can make us better people and better leaders. This article explores how we can cultivate it within ourselves. Read more...

Protect Your Family Business From Crime

by Paul Sanchez, Matthew Wood, Tim Michaelis, and Jaime Suarez / Research Insight

In crime-prone regions, activities like selling in physical stores, regular trips to the bank, and talking openly about business growth can make business owners targets. Read more...

Transferring Family Wealth to the Next Generation: What’s Fair?

by Martin Kemp and Susan Lanz / Practice Insight

Trillions of dollars are about to be handed down from baby boomers to younger generations. Family firms must consider how to transfer their ownership shares, and to whom. Read more...

by Joseph Astrachan and Claudia Binz Astrachan

Why Families and Their Firms Behave Badly

by Roland Kidwell, Kimberly Eddleston, Linda Kidwell, John Cater, and Ellison Howard

The Paradox of Choice: Wealth's Impact on Family Potential

by Doug Baumoel

How Family Firms Can Prevent (or Cool Down) Sibling Rivalries

by Jonas Ruzek and Kimberly Eddleston

The Biggest Mistakes Family Businesses Make With Their Boards

by Kimberly Eddleston

Family Business Succession Planning: 10 Golden Rules

by Tom Rüsen, Torsten Groth, and Arist von Schlippe