News Archive

Bloomberg Article on Succession

2019 KCFE Leadership Award Family Lee Kum Kee Read more...

Dr. Pendergast explains our Forming Family Enterprise Government Program.

Click here to learn more about KCFE's Forming Family Enterprise Government Program. Read more...

Kellogg MBA Teresa Matsui

Pioneering Orchid Grower Brings Beauty to the World Read more...

Why KCFE?

MBA Graduate Tamer Barazi. Read more...

KCFE Postdoctoral Research Update: Krishnan Nair

KCFE Postdoctoral Fellow Krishnan Nair gives an update on his family business-focused research. Read more...

KCFE Postdoctoral Research Update: Catherine Faherty

KCFE Postdoctoral Fellow Catherine Faherty gives update on her family business-focused research. Read more...

How Family Businesses Can Adapt for the Next Generation

Dr. Pendergast discusses how today's investing families are considering a range of different approaches to managing and enhancing their wealth. Read more...

KCFE Hosts Family Enterprise Alumni During 2019 Reunion.

KCFE Hosts Family Enterprise Alumni During 2019 Reunion. Read more...

2019 Leadership Award: Lee Family of Lee Kum Kee

The Kellogg Center for Family Enterprises is proud to announce the Lee Family of Lee Kum Kee as the recipient of the 2019 Family Enterprise Leadership Award. Read more...

The Role of Culture in Recruitment of Non-Family Executives.

Hiring non-family members for senior positions involves more than assessing candidates' leadership qualities and track records. Read more...

PwC's 2018 US Family Business Survey

The release of PwC's ninth Global Family Business Survey comes at a time of extraordinary transformation. Read more...

New Executive Director

Jennifer Pendergast is the inaugural John L. Ward Clinical Professor of Family Enterprise and Executive Director of the KCFE, effective April 1, 2019. Read more...

The John L. Ward Papers: 1984-2017

Professor Ward's papers represent a comprehensive body of work that provides rich and authoritative insights into this uniquely complex segment of the global economy. Read more...

Why Family Businesses Sometimes Make Decisions That Seem Bad for the Family

The story of A.J. Bush, founder of the baked bean giant Bush Brothers and Company, presents something of a puzzle for those who study decision-making in family businesses. Read more...

#2 - Continuity Plan

Planning is required to reduce the inevitable tension between each of the dyads represented in the Three-Circle Framework. Read more...

#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. Read more...

ColourPop Cosmetics Hosts KCFE Continuity Conference

ColourPop Cosmetics hosted a special one-day Kellogg Center for Family Enterprises Continuity Conference at its headquarters in Oxnard, California. Read more...

Three Questions All Aspiring Entrepreneurs Should Ask Themselves

Justin Craig and Dr Leon Schjoedt created a scale to help aspiring entrepreneurs measure their level of self-efficacy. Read more...

Three Keys of Stewardship for Owner/Managers

Drive Innovation. Create Opportunities. Read more...

Sibling Relationships Study

Our new Sibling Relationships Study will examine the intersection of family and family business. Read more...

Family Enterprise Club Trip to Kohler

David Kohler, President and CEO of Kohler Company, as well as tour both the Kohler Factory and the Design Center. Read more...

2018 Kellogg Alumni Award Winner

Ann M. Drake '84 is the recipient of the 2018 Distinguished Alumni Service Award Read more...

2018 Leadership Award Winner: The Huber Family of The J.M. Huber Corporation

The Kellogg Center for Family Enterprises is proud to announce the Huber Family of The J.M. Huber Corporation as the recipient of the 2018 Family Enterprise Leadership Award. Read more...

Succession

Succession is a Process and an Event. Read more...

Following in the Family Footsteps

Strengthen the Enterprise. Strengthen yourself. Read more...

Creating a Family Business Culture That Values Change

Think evolution, not revolution. Read more...

Leading a Family Business: Best Practices for Long-Term Stewardship

Based on insights from executives across the globe, this planning guide captures the unique challenges faced by leaders of a family business and presents an approach to help these operations survive and thrive across generations. Read more...

Radio Flyer's Award Winning Animated Short Film

Radio Flyer's animated short film Taking Flight was nominated for a 2017 Daytime Emmy Award in two categories, Outstanding Special Class Animated Program and Outstanding Directing in an Animated Program. Originally debuted in 2016, the film has received more than 20 awards and accolades from international and local film festivals. Read more...

2017 Leadership Award Winner: Ochs/Sulzberger Family of The New York Times

2017 Leadership Award Winner: Ochs/Sulzberger Family of The New York Times Read more...

2016 Leadership Award Winner: The Milliken Family of Milliken & Company and Pacolet Milliken

2016 Leadership Award Winner: The Milliken Family of Milliken & Company and Pacolet Milliken Read more...

Joining the Family Business: One Year In

"Today, say nothing that is not true, nothing that is not kind, nothing that is not useful, and nothing that is not necessary." Read more...

2016 Trust Barometer Report: Trust and CEOs

KCFE will host a presentation of the 2016 Key Findings by two of Edelman's top executives.
We are fortunate that our Center for Family Enterprises (CFE) at Kellogg will host a presentation of the 2016 Key Findings by two of Edelman's top executives to members of the Northwestern University community. Read more...

Field Trip to Radio Flyer, Inc. - 92 Years Young

"He transformed the firm from a steel-stamping, limited-SKU plant to an imaginative design shop that inspires kids daily!" Read more...

Managing the Communication Paradox in the Family Business Circus

Successful multi-generational families in business don't leave managing the communication paradox to chance ... it is their number one priority. Read more...

Innovation and Culture: Field Trip to SC Johnson

Twenty students from Kellogg's MBA student Family Enterprise Club (FEC) were lucky to start off fall quarter with a day-long tour to the SCJ campus. Read more...

Announcing Visiting Professor Pramodita Sharma

John Ward: "Her passion for family business students makes her a perfect fit for our vision as a Center." Read more...

Conference Proceedings Books

Proceedings Books from our past Family Business Conferences 2002-2007. Insights gleaned from these books are as important and relevant today as they were then. Read more...

Lessons From My Entrepreneurial Journey

Kellogg Alum and Claro Energy Co-founder Kartik Wahi '10 Takes You Through His Entrepreneurial Journey in This Business Standard Article. Read more...

The Nature and Timing of Difficult Questions

Questions within the family business are often trickier to ask than those asked within a non-family business. In August, CFE Professors Justin Craig and Lloyd Shefsky hosted a Lunch and Learn with students from the 1Y and JD/MBA program on campus. Read more...

International Tax Planning

International tax issues are complex for any business, but they present unique challenges - and some dangerous traps - for family-owned businesses. In a recent "Lunch & Learn" session, Ernst & Young's Private Client Services group discussed these issues with students at Northwestern University's Kellogg School of Management, many of whom are involved with family businesses outside the US. Read more...

Family Business Intensive: Exchange for Kellogg Partner School from India

In July 2015, Kellogg's Center for Family Enterprises (CFE) hosted an intensive week of instruction on aspects of family enterprise for 50 MBA students on exchange from the Indian School of Business Master's in Family Business Program (ISBMFaB). This is a unique MBA program at Indian School of Business for students working in their family enterprises. Read more...

EY NextGenners Learn at Kellogg

Kellogg's Center for Family Enterprises (CFE) welcomed a group of 20+ students, ages 20-27, from 14 different countries, for a weeklong course through Ernst & Young's Family Business Center of Excellence called "EY NextGen Academy Advanced Program". With its focus on building a next generation of entrepreneurs, the Kellogg professors' sessions provided much food for thought ... Read more...

Family Business Wisdom: Graduation 2015

On the morning after graduation, newly minted Kellogg MBA graduates from business-owning families from a dozen different countries--and members representing three generations of their families--attended a Commencement Celebration Talk and Reception hosted by the Center for Family Enterprises. Read more...

KFBO: Key Experience for Students from Family Businesses Concludes for the School Year

The 2014-15 MBA student Kellogg Family Business Organization (KFBO) completed its year of meetings in May with visits by Center for Family Enterprises professors John Ward, Lloyd Shefsky and Justin Craig. KFBO is a confidential cohort of students from business-owning families who present monthly to each other about their family enterprises and discuss next steps for the business and/or the individual and his/her role(s) within it. Read more...

Creating a Culture of Change - by John Ward

Managing culture is the most essential and valuable role for the successor leader(s) of a family business. The ability to manage culture is even more critical than the ability to develop strategy, as others can help lead strategy, but a family member must lead culture. Read more...

Professor Ward Speaks at Kellogg's Alumni Club of Mexico City

Professor Ward spoke at Kellogg's Alumni Club of Mexico City. His presentation, Family Business Lessons from 15 Years of Case Writing explored new insights from those cases and how they have influenced our research and teaching. Read more...

Professor Shefsky: Real Homework is Not for Students

Most students complain about homework. When my MBA students at the Kellogg School of Management grumble about assignments, I tell them that what they've called "homework" from elementary school through graduate school isn't actually homework. It was merely practice to develop tools for them to learn to do real homework. Real homework is the work you do when no one gives you the assignment, tells you how much work is enough, or establishes a deadline. Read more...

Brazil Gathering: Professor John L Ward Speaks to Alumni and Guests

On April 18, 2015, Professor John L Ward spoke to a gathering of 22 alumni and their guests in Sao Paulo, Brazil. Read more...

Leadership Lessons from the Top

On April 15, 2015, Kellogg Executive Women's Network (KEWN) held "A Fireside Chat with Powerful Female Business Leaders" featuring two Kellogg alums from business-owning families, attended by 100 female alumni and MBA students. Read more...

2015 Leadership Award Winner: Marc Puig of Barcelona, Spain

2015 Leadership Award Winner: Marc Puig of Barcelona, Spain Read more...

Radio Flyer Named Top Place to Work 2015.

Crain's Chicago Business named Radio Flyer to its Best Places to Work 2015 list. Robert Pasin ('97) is CEO. Read more...

Lunch and Learn for Kellogg EMBA Students with Interest in Family Business.

In March, the second generation family member and Director of Business Development for Parkway Construction and Associates, founded in 1981 by his father, gathered together a group of 20 fellow EMBA students to talk over lunch about family enterprise and enterprising families. Read more...

Jason Surber of ATF, Inc. is Featured Speaker

This fall, the Center for Family Enterprises introduced MBA student Nidheesh Patel'16 of India to alum Jason Surber'02 of Chicagoland, as their family businesses both serve OEMs in the automotive industries. Read more...

KCFE Awards in UVM Competition 2015

John L. Ward, Clinical Professor of Family Enterprise and Co-Director of the Center for Family Enterprises, was recognized for two cases by the University of Vermont's Family Enterprise Case Writing Competition. Read more...

Lessons Learned from Working in the Family Business

On July 23, 2014, a panel of four Chicago-area Kellogg alumni from business-owning families spoke on the Evanston Campus to a group of students from the India School of Business Master's in Family Business program in Evanston for a week-long exchange, and to a group of Kellogg students from business families who were in their first quarter of the 1Y MBA program. Read more...

Family Enterprise Club @ Berkshire Hathaway

Five MBA students from business families spent a Day at Berkshire Hathaway - including a meeting Warren Buffet, and visits to family businesses that BH owns on Feb 28, 2014. Read more...

Blood is Thicker Than Recession

Rooted in generational knowledge, access to capital and no shareholders to impress, many family businesses waited out the recent economic downturn. Now, they're poised for real growth. Read more...

Fostering Women's Entrepreneurial Leadership in Family Firms: Ten Lessons

Women's potential to lead a firm - whether one started by a family member or a new venture of their own - is still not often enough acknowledged. This article, based on the authors' book Women in Family Business Leadership Roles: Daughters on the Stage (Edward Elgar, 2009), presents ten lessons for family firms which arise from the experience of women in family firms. Read more...

2014 Leadership Award Winner: Brown-Forman Family

2014 Leadership Award Winner: Brown-Forman Family Read more...