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To Engage Business Students, Roll Out 'the Barrels'

Many of us may remember the “Choose Your Own Adventure” books from childhood. In these tales, the story develops to a point and presents a scenario choice to the reader. Depending on the choice Read More...

Category: Education and Teaching

Authors: Whitney Peake and Teran Sundy

Future Family Business Owners Can Learn to Manage Conflict

Conflict is inevitable in family-run businesses.  Learning how to manage it and channel it productively is an important skill for entrepreneurship students who may someday manage their own Read More...

Category: Education and Teaching

Author: Ritch Sorenson

Advice for Non-Family Executives in Family Businesses

Ritch Sorenson, Professor of Family Business at the University of St Thomas in Minneapolis, once worked at a bank founded by his grandfather.  When it closed, he felt a personal loss that Read More...

Category: Education and Teaching

Author: Ritch Sorenson

Real-Life Drama: Creating a TV Series Based on a Family Business

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

The Next Generation Can Help the Family Firm Innovate

  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: Commentary

Authors: Richard Schulze and Ritch Sorenson