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
A New Way to Resolve Extreme Conflict in Family Businesses
by Doug Baumoel and Blair Trippe
/ Applied and Practice
Family members may feel “trapped” in conflicts, unable to resolve substantive issues without damaging their familial relationships. This often leads to disputes that persist for decades. Read more...
Merging With Another Family Firm is Safer and Smarter
by Francesco Chirico, Robert E Hoskisson, Seemantini Pathak, and Massimo Baù
/ Research Insight
Family business mergers enjoy greater harmony and better financial performance than mergers involving non-family firms. Read more...
Unready and Unadvised: The Silent Crisis in Family Wealth Transfer
by Srbuhi Avetisyan
/ Practice Insight
A study of 13,500 family firms shows that nearly half of heirs don’t know where the assets are -- and 3 in 5 wouldn’t know what to do if the founder died suddenly. Read more...
AI Adoption in Family Business: Balancing Trust and Tech
by Doug Gray, PhD
/ Practice Insight
Using AI can be risky in settings where confidentiality is key, but it can be indispensable in developing innovative services that clients expect. Here's how to harness it safely. Read more...
Trending
Consumers Love Local Brands. That's Good News For Family Businesses
by Philipp Jaufenthaler, Andreas Kallmuenzer, Sascha Kraus, and Alfredo De Massis
The Paradox of Choice: Wealth's Impact on Family Potential
by Doug Baumoel
How to Plan for a Successful Succession
by Richard Eisenberg
How to Run a Family Business Successfully
by Kerry Hannon
When Family Businesses Should Think Like Private Equity Firms
by Nadine Kammerlander and David Hoeflmayr
How Family Dynamics Shape Family Businesses
by Joseph Astrachan and Claudia Binz Astrachan
Editorial offices located at St Thomas University
Popular
Nonfamily CEOs Are Most Vulnerable in the Middle Stage of Their Tenure
by Wei Shen, Cecilia Gu, and Lin-Hua Lu
Business Families Must Get Real About Growth and Payouts
by Joseph Astrachan and George Manners
Turbulence Ahead: How Businesses Can Navigate Tariffs and Uncertainty
by Joseph Astrachan and Claudia Binz Astrachan
How Family Businesses Survive Unexpected ‘Wild Cards’
by Wojciech Czakon, Monika Hajdas, and Joanna Radomska
Field of Dreams: Exploration of Entrepreneurial Possibilities
by Michael Lounsbury and Tim Hannigan
Outside Leadership Can Save the Family Business
by Robert Sher
Supported by the Richard M Schulze Family Foundation