Special Issue: Our Best Teaching Advice

September 13, 2021 - Issue #38

Want to Give Your Entrepreneurship Students Real-World Experience? Try Consulting Projects Students gain exposure to the inner-workings of a business, while entrepreneurs receive a fresh perspective, academic insight and assistance.

Future Family Business Owners Can Learn to Manage Conflict This classroom exercise dissects the five approaches to managing disputes, and their likely outcomes.

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.

Confidentiality Agreements Promote Candor in Family Business Classes For students to share their own good and bad family experiences in a family business class, confidentiality is essential.

Real-Life Drama: Creating a TV Series Based on a Family Business From the "director's chair," students illustrate the challenges of the family firm, and what makes a good one.

To Engage Business Students, Roll Out 'the Barrels' A variation of the childhood "choose your own adventure books" improves understanding of succession planning, governance and ethics.

Videos for the Global Family Business Community These are challenging times for family businesses. These videos share best practices that help business owners, professors and students weather the crisis and manage what comes next.

Design Remote Learning to Help Students Feel Connected Done right, online teaching can help students actually engage more with their professors and with one another.

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.

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

Designing and Experiencing the Family Business Advisory

Acres of Diamonds: Advantages of Working in Your Family Business

Why Didn’t I Think of That? A Classroom Exercise for Developing Entrepreneurial Thinking

Here Are the Next Gen's Biggest Worries

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

Things to Consider When Transferring Family Business Ownership

by Susan Lanz, Gary Burke, Kajsa Haag, and Omid Omidvar / Research Insight

Family business succession involves transferring ownership as well as management. Family circumstances and past events lead to three types of ownership transfers. Read more...

Will Your Successors See Themselves as Heirs or Entrepreneurs?

by Ganlin Mia Li, Bingbing Ge, and Junsheng Dou / Research Insight

Mentoring plays a huge role in shaping how the next generation views the role of family business leader, a study in China shows. Read more...

Family Business Leaders' Fear of Failure Can Inhibit Next Gens

by Seyyede Sharare Bagherian, Sonia M. Strano, Sohrab Soleimanof, Jon Carr, and S. Alireza Feyzbaksh / Research Insight

When parents openly display fear of failing, it can unintentionally portray entrepreneurship as unsafe, undesirable, or even shameful. This doesn't help their successors or the business. Read more...

Are the 'Best Practices' All Wrong for Your Family Business?

by Luciana Lucena de Lima and María José Parada / Research Insight

The best processes and systems come not from outside advisers and experts, but from how families actually live, relate to one another, and make decisions. Read more...

Trending

When entrepreneurs raise entrepreneurs

by Nadine Kammerlander and Larissa Leitner

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

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

Family Business Succession Planning: 10 Golden Rules

by Tom Rüsen, Torsten Groth, and Arist von Schlippe

How Family Dynamics Shape Family Businesses

by Joseph Astrachan and Claudia Binz Astrachan

The Biggest Mistakes Family Businesses Make With Their Boards

by Kimberly Eddleston

Should Your Next CEO be From Outside the Family?