Family Business
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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...
Category: Education and Teaching
Author: Ritch Sorenson
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...
Category: Education and Teaching
Author: Kimberly Eddleston
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...
Category: Interviews
Authors: Richard Schulze and Ritch Sorenson
Interviewee: Dick Schulze , Ritch Sorenson
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...
Category: Theory and Research
Authors: Keith Brigham , Ritch Sorenson and James Hoffman
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...
Category: Applied and Practice
Author: Ritch Sorenson
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...
Category: Commentary
Authors: John Kramer and Nick Sibilla
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