Family Business

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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 University of St. Read More...

Category: Interviews

Authors: Richard Schulze and Ritch Sorenson

Interviewee: Dick Schulze , Ritch Sorenson

When Entrepreneurs Have Trouble with Monogamy: It's Their Cognitive Style

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

The Family Way: How Entrepreneurial Values Help Businesses Thrive Over Generations

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

How Small Business Owners Can Overcome Terrible Regulations

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 the Read More...

Category: Commentary

Authors: John Kramer and Nick Sibilla

How Dick Schulze Built Best Buy: Leadership, Resilience, and Business Innovation

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...

Category: Interviews

Author: James C Wetherbe