Family Business

The purpose of this exercise is to help students understand the advantages and challenges of working in a family business or of being in a business family.  Some students who have Read More...

Category: Education and Teaching

Author: Ritch Sorenson

The purpose of this class project is to help family business students understand the complexities of family business management by requiring them to integrate multiple principles and lessons and to Read More...

Category: Education and Teaching

Author: Kimberly Eddleston

  Much has been written about how family businesses can have transition problems when the founder's children take over.  Best Buy founder Richard Schulze and Ritch Sorenson of the Read More...

Category: Interviews

Authors: Richard Schulze and Ritch Sorenson

Nothing turns an entrepreneur’s head faster than a glittering opportunity and the chance to pursue it with laser-like focus. But after the launch, when the novelty wears off and the day-to-day Read More...

Category: Theory and Research

Authors: Keith Brigham , Ritch Sorenson and James Hoffman

Family firms enjoy a competitive advantage when they organize around a set of strong values. A study of large family businesses such as Cargill, IKEA, Tyson Foods, and Bechtel (Miller and Le Read More...

Category: Applied and Practice

Author: Ritch Sorenson

Regulations can destroy even the best entrepreneurial dream. To help entrepreneurship thrive in this nation, Institute for Justice (IJ) a public interest law firm that has successfully defended Read More...

Category: Commentary

Authors: John Kramer and Nick Sibilla

Dick Schulze, the founder of Best Buy and EIX, shares his experiences as an entrepreneur and innovator, including how he tripled his income from his boyhood paper route; quit a retail job when his Read More...

Category: Interviews

Author: James C Wetherbe