Family Business
Use "Family Business" in advanced search
Perhaps no other family is more synonymous with both capitalism and philanthropy than the Rockefellers. The family ’s fortunes in oil have made it possible for them to invest in initiatives that Read More...
Category: Interviews
Author: Kimberly Eddleston
Interviewee: Justin Rockefeller
With ties that bind emotionally and legally, family businesses are different from non-family firms: sensitive, easily disrupted and conflict-prone. But in this interview with FamilyBusiness.org Read More...
Category: Interviews
Author: Kimberly Eddleston
Interviewee: Doug Baumoel
The Corleones of "Godfather" fame are an extreme example of a “family business.” But like many family businesses, they have a family member who is a serious hindrance to their business, is less Read More...
Category: Applied and Practice
Author: Kimberly Eddleston
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 family's Read More...
Category: Education and Teaching
Author: Ritch Sorenson
The construction industry remains stubbornly a male-dominated field, but Emily Bittenbender of Bittenbender Construction is giving it a new face and a new approach to managing. At age 29 she was Read More...
Category: Interviews
Author: Donna De Carolis
Interviewee: Emily Bittenbender
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 persists Read More...
Category: Education and Teaching
Author: Ritch Sorenson
Interviewee: Ritch Sorenson
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 worked in their 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 University of St. Read More...
Category: Interviews
Authors: Richard Schulze and Ritch Sorenson
Interviewee: Dick Schulze , Ritch Sorenson