Tag Archives: education

Keeping the Brain from Going into Temper-Tantrum Mode When It’s Time To Change the Family Business

“You need to change” must be one of the ugliest, most unwelcome sentences in any language. Neuroscientists David Rock and Jeffrey Schwartz have a good explanation why. Using functional Magnetic Resonance Imaging (fMRI) and Positron Emission Tomography (PET), along with … Continue reading

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Life Long Development

A few weeks ago, I had the opportunity to participate in a family business conference.  I was struck by the number of sessions devoted to the topic of education – educating the next generation of owners, educating the next generation … Continue reading

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Information and Communication: The Challenge of Data Overload

A keynote speaker I heard twenty years ago, who promoted himself as a ‘futurist’, made the point: “don’t worry about the trash, we’ll find a way to deal with all the trash as better recycling technologies arise.  The thing you’ve … Continue reading

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Creating community…

Last week’s Time Magazine article, The Last Politicians, highlights female senators, from both sides of the aisle, who have been engaging regularly with each other for decades over lunch, dinner, bridal showers and play-dates.  Over the years they have created … Continue reading

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Questions Students Ask Most

by John L. Ward For the past few years we’ve kept track of the questions most often asked by MBA students who come from business-owning families. Would you suggest any other pivotal questions? Should I join my parents’ business? Culturally, … Continue reading

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Playing to Strengths

There are many ways to create wealth – particularly if you use your strengths. Consider the trophy wife.  In her husband’s final days he whispered, “Barbie, promise me something.” “Anything, Baby Cakes,” she replied. “My money means a lot to … Continue reading

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Knowing Your History is (Psychologically) Valuable!

by John L. Ward Emory University research professor Marshall Duke and colleagues show the value of children knowing the family history. The benefits? Better functioning family; More resilient children; Higher self-esteem of children, and More self-confidence and self-competence for them. … Continue reading

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The Roles and Responsibilities of Beneficiaries

Trusts are important tools when planning for the continuation of family ownership into future generations. While trusts are often effective in tax and transition planning, family and business issues can emerge when little is done to educate beneficiaries about their … Continue reading

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3 Different Audiences for Family Business Education

In a previous article on family business education, Amy Schuman and I suggested one critical task in planning education is to ‘Clarify your Purpose’ – and an important related construct may be ‘Think about your Audience’.  While there are many … Continue reading

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Developing the New Leaders of your Family Enterprise

Recently the Family Business Consulting Group produced a new webinar program titled “Developing the New Leaders of your Family Enterprise”.  Below are responses to a few of the questions asked by the participants during the program.  The complete webinar is available … Continue reading

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