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What I Learned from the Family Business Stewardship Institute

Meg McDonnell has over 33 years at Gonnella and now holds the position of VP Sales for the frozen dough division.  She is a late G3 (most experienced G3 being 70 years old and youngest being 54) who looks forward to working at a higher level in the company alongside mostly G4s.  Last year, Meg graduated […]

Announcing New Leadership

(Photo: Mark Patton)

I am excited to announce that after 18 years as the Executive Director of the Loyola University Chicago Family Business Center, I am handing the reins of the center to Anne Smart. I will be transitioning to the role of Clinical Professor in Family Business which will allow me the time and […]

A Look Back with Center Co-Founder, Moni Murdock

In 1991, the Chicago Tribune wrote a story about the establishment of Loyola’s Family Business Center, and interviewed Moni Murdock, her husband, Bud, and John Ward. Moni was one of the founding thought and practice leaders for the Loyola Family Business Center. A licensed clinical social worker in private practice and former Loyola School of […]

Highlights from our Wine/Beer Tasting

We had a great time at the Great Taste event at Del Frisco’s last week and hope those who were able to join us enjoyed themselves as well! Between the great beers and wines, along with the amazing food pairings, fun was had by all.

In addition to the treats for your palate, we took time […]

Center of Attention: An Interview with Suzanne Mansell

Suzanne Mansell is the President of Avant Consulting Inc., specializes in supporting emerging leaders, leadership teams, and owner-managed companies, including family businesses, through times of sensitive organizational change, such as leadership and ownership succession.

Suzanne is a frequent speaker on topics related to family businesses and multi-generational workplaces and was a Next Gen PAG leader at […]

A Letter to a Stressed NextGen Successor

Dear Future Successor,

Congratulations, you are about to take on a leadership role in your family’s pride and joy. Many people dream to be in your position, and I’m here to tell you that I know there are many benefits, challenges and stresses that come along with this opportunity. While all families and their businesses are […]

Our Story-A Look Back at the Family Business Center’s Beginning

There are times in the history of an organization when it’s important to reflect on where you’ve been.  Members of the Family Business Center may not know how the Center was founded.  In light of our 25th Anniversary Celebration, I thought it would be fun to share the story.

In the 1980’s, Loyola University Chicago’s School […]

Center of Attention: An Interview with Amy Schuman

Amy Schuman was the founding facilitator of the Center’s Next Generation Leadership Institute, an intensive, two-year program for next generation family business leaders. From 1996-2006 Amy coached over 30 men and women to assume leadership positions in their family businesses. She also founded and facilitated the Center’s first Peer Advisory Group for women and taught […]

Thoughts from an NGLI Graduate: An Interview with Shannon Smith

Shannon Smith is a recent graduate of the Next Gen Leadership Institute at the Loyola Family Business Center. We sat down with her to ask what she thought about NGLI, her favorite part, and how it impacted her.

 

 

Why did you join NGLI?

I joined because I felt as though I needed to gain additional competencies in […]

5 Lessons Learned from Successors: A Path to Credibility

To truly step out of the shadows and into leadership, a successor must also develop external credibility. Whereas internal credibility comes from a kind of soul-searching from within, external credibility comes from other people. To explain further: successors earn other people’s respect when their reputation is built upon their performance, character, and hard work (instead […]

About this blog

Welcome to the Loyola Family Business Center’s blog featuring Andrew Keyt, clinical professor in family business. This blog focuses on all things family business: leadership styles, family strategy, succession planning, managing family conflict, next generation development, and more. You’ll also find center news, events, and photos. For more, visit LUC.edu/fbc.