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.

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Student Innovators: Get Ready Now for e-Fest 2024

Here Are the Next Gen's Biggest Worries

Things to Consider When Transferring Family Business Ownership

Will Your Successors See Themselves as Heirs or Entrepreneurs?

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Recent

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...

Hand Down the Family Business but Keep a Hand In

by Lin Grensing-Pophal / Features

Skip-generation entrepreneurship combines the wisdom of business founders with the energy and tech savviness of their grandchildren. Read more...

Family CEOs May Encourage More Innovation Than Non-Family Leaders

by Mario Daniele Amore, Morten Bennedsen, Bordin Bordeerath, and Nicolai Foss / Research Insight

While professional non-family leadership may bring some advantages, the stability brought by family leaders may encourage employees to innovate without fear of failure. Read more...

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When entrepreneurs raise entrepreneurs

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

How Family Dynamics Shape Family Businesses

by Joseph Astrachan and Claudia Binz Astrachan

The Biggest Mistakes Family Businesses Make With Their Boards

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Family Business Succession Planning: 10 Golden Rules

by Tom Rüsen, Torsten Groth, and Arist von Schlippe

Should Your Next CEO be From Outside the Family?