David Borst, Ed.D., is a former dean of the Concordia University Wisconsin School of Business. He currently sits on several boards, teaches at the doctoral level and runs the Milwaukee Lutheran High School honors academy. He can be reached at david.borst@cuw.com
The toughest decision
Some years ago, my father was struck by a devastating illness that infected his spine. Faced with a 40...
The family referee Conflict resolver is a thankless but important job
Not every family business is rife with strife. Most families report that they work hard at getting along, both...
Why family businesses matter: They are all around us
Carnegie, Rockefeller and Vanderbilt. We have all heard the names before. What each of these men built, besides a...
Robbing the family till: Don’t be too trusting
The names have been changed in this story to protect the guilty – and innocent – but the story...
Brotherly love: Be careful when passing the business on to siblings
Shortly after the death of their parents, Roger and Clint inherited their family business. Both had worked in the...
Objective overseers: Avoid cronyism when selecting board members
The family business frequently has multiple shareholders who are family members, but oftentimes the board is also made up...
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Start at the end: Plan to transition your company’s values to the next generation
The decision to pass a family business on to the next generation is never an easy one. Aside from...
