Learning in the Classroom and Beyond
//August 21, 2023 - Issue #96
Family Business Professors: 34 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.
Why Don't You Educate Your Owners? Everyone agrees that families should train members to become competent owners and stewards of the family business – but few of them actually walk the talk.
Videos for the Global Family Business Community These videos share best practices that help business owners, professors and students become more resilient. 
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.
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.
What All Family Businesses Can Learn From the Merck Family The Germany-based global health care, pharmaceutical and performance materials firm has kept its vast family ownership team aligned for 13 generations.
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.
Assessments Can Help Develop Family Business Leaders From simple surveys or interviews to complex, statistically robust reporting, assessments give current and future leaders a source of objective data for better decision-making.
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
Recent
Selling the Family Business? Prepare the Family for What Comes Next
by Susana Quintás
/ Applied and Practice
A business sale changes more than ownership. Families must also rethink governance, roles, wealth, identity, and purpose after the company is gone. Read more...
When Political Differences Threaten the Family Business
by Paul Edelman
/ Practice Insight
Political differences can turn dangerous when family members begin dismissing one another’s business judgment based on political identity. Read more...
Why Every Family Business Leader Needs a Peer Group
by Justin Smith
/ Applied and Practice
More than 300 peer-group meetings show what happens when family business leaders have a trusted place to talk with people who truly understand their challenges. Read more...
Can a Family Business Consultant Really Help? Nine Experts Explain What Families Often Miss
by Holly Eddleston and Kimberly Eddleston
/ Practice Insight
Family business consultants often create their greatest value in unexpected ways: helping families uncover the real reasons they're stuck, have difficult conversations, and make better decisions. Read more...
Trending
How Family Dynamics Shape Family Businesses
by Joseph Astrachan and Claudia Binz Astrachan
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
'Family-Owned' or 'Family-Run'? The Words You Use Can Affect Customer Trust
by Sabrina Finkbeiner, Jan-Philipp Ahrens, Christoph Burmann, and Michael Schade
Editorial offices located at St Thomas University
Popular
The Biggest Risk to Family Wealth Isn't Investment Performance—It's Succession
by Jan-Philipp Ahrens, R. Adam Smith, Maria Giuseppina Bruna, Melania Riefolo, and Salam SAMI
Founder Succession: Six Lessons From 15 CEOs Who Actually Lived It
by Micheal Parkhurst
Will Your Family Brand Survive New Leadership?
by Meghan Lynch
Avoid Legal Minefields When Acquiring Another Company
by Dustin Slade
Things to Consider When Transferring Family Business Ownership
by Susan Lanz, Gary Burke, Kajsa Haag, and Omid Omidvar
Should I Participate in a Business Accelerator?
by Jon Eckhardt
Supported by the Richard M Schulze Family Foundation