KCFE Vlog: Family Business Fundamentals: #1 - Three Circles Revisited This well-known diagram demonstrates the family firm modeled as comprising three overlapping, interacting, and interdependent subsystems of family, managers, and owners.

This is part one of an eleven-part series of short videos by Dr. Justin Craig, Clinical Professor of Family Enterprise and Director Kellogg Center for Family Enterprises, that introduces you to the differences between family businesses and non-family businesses. New videos in this series will be uploaded as they become available.