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Tag: Family Business

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By Ritch Sorenson on Tue Nov 15 2016

Students discover how family firms can offer unique learning, career, business development and community opportunities along with significant challenges. The purpose of this exercise is to help Read more

By Kimberly Eddleston on Mon Nov 14 2016

Students create and pitch a fictional family business TV series to apply lessons on succession, conflict, sibling rivalry, governance and family dynamics. The purpose of this class project is to help Read more

By Richard Schulze and Ritch Sorenson on Mon Oct 31 2016

Successful transitions require founders to accept that new leaders may need to change how the company serves customers, manages employees and competes. Much has been written about how family Read more

By Keith Brigham, Ritch Sorenson and James Hoffman on Wed Apr 29 2015

Intuitive founders may excel at launching ventures, while analytical thinkers may be better suited to managing systems, metrics and long-term growth. Nothing turns an entrepreneur’s head faster Read more

By Ritch Sorenson on Mon Jan 12 2015

Family firms can lose their entrepreneurial edge as ownership passes to new generations. Clear values and strong governance can help preserve it. Family firms enjoy a competitive advantage when they Read more

By John Kramer and Nick Sibilla on Mon Nov 24 2014

Some licensing laws protect consumers. Others mainly protect existing businesses. Here is how entrepreneurs can challenge rules that unfairly limit competition. Regulations can destroy even the best Read more

By James C Wetherbe on Tue Apr 29 2014

After a tornado destroyed his business, Dick Schulze saw what others missed. His response forever changed consumer electronics retail. Dick Schulze, the founder of Best Buy and EIX, shares his Read more