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

When Keeping the Business in the Family No Longer Makes Sense

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

Why Family Business Founders Struggle to Step Back During Succession

by Paul Edelman / Practice Insight

Founder resistance is often more complicated than control. Empathy can help families understand what founders are trying to protect — and what their continued involvement may be preventing. Read more...

Fair Does Not Always Mean Equal: Ownership Decisions in Family Business

by Claudia Binz Astrachan, Lindsay Hardie, and Joseph Astrachan / Practice Insight

Families often struggle to decide whether shares should be divided equally among children or reflect leadership, sacrifice, and “sweat equity.” Read more...

Why Family Business Strengths Can Become Weaknesses in a Crisis

by Michael Kuttner / Research Insight

Family businesses often rely on loyalty, long-term thinking and strong relationships. But research shows those same strengths can backfire when crisis hits. Read more...

Can a Family Stay a Business Family After Selling the Business?

by Clemens Krüger, Christian-Titus Klaiber, and Reinhard Prügl / Research Insight

A study of German family firms shows that regular, meaningful contact between the family office and the family can preserve shared purpose after an exit. Read more...

by Joseph Astrachan and Claudia Binz Astrachan

Things to Consider When Transferring Family Business Ownership

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

How to Run a Family Business Successfully

by Kerry Hannon

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

by Klaus Lüber and Nadine Kammerlander

5 Practical Tips for Making Business Decisions With Family Members

by Rostyslav Vovk

How Leaders Can Transfer Their Great Instincts to Successors

by Kimberly Eddleston