Ritch Sorenson
EIX Editor Emeritus
FB Editor Emeritus
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Authored Resources
The Family Way: How Entrepreneurial Values Help Businesses Thrive Over Generations
62974 viewsMany family businesses fail to make the transition from the founder's values to a new set designed for long-term success.
When Entrepreneurs Have Trouble with Monogamy: It's Their Cognitive Style
13229 viewsEntrepreneurs love the heady days of launching a new business. What happens when the thrill is gone?
Acres of Diamonds: Advantages of Working in Your Family Business
2486 viewsThis exercise helps students students understand the advantages and challenges of family firms.
The Next Generation Can Help the Family Firm Innovate
10532 viewsBest Buy Founder Richard Shulze and Ritch Sorenson of the University of St. Thomas explore the opportunities that come with a changing of the guard.
Future Family Business Owners Can Learn to Manage Conflict
552382 viewsThis classroom exercise dissects the five approaches to managing disputes, and their likely outcomes.
Advice for Non-Family Executives in Family Businesses
14763 viewsHow outsiders can navigate family dynamics, help the business thrive financially, develop strategies for the future and groom the next generation of leaders.
Surprising reasons owners exit family businesses
12298 viewsConcentrate less on succession planning and more on managing conflict and making the firm profitable.