• Family Businesses in Poland - Part 1

    It is not an exaggeration to say that family firms have been crucial in the successful rebirth of Polish capitalism, although this fact has not been widely recognised. It is so because in a traditional society such as the Polish one the family is the main source of financial and Read More
  • Ghosts and Secrets in the Family Firm

    The Brolin family seemed to have it all: a flourishing high-end retail business now going into its third generation; grandchildren and cousins who grew up together and now connected to each other. Everything seemed to be falling into place. The big issue confronting them was succession in the business. The Read More
  • Resources for Family Business Education

    The demand for family business education is quickly growing and so is the number of business schools that are introducing family business courses and programs in their curricula. However, family business scholarship is still a relatively young field that develops quickly and eclectically, which puts educators in special need of Read More
  • Les Miserables - Should Children Get Inheritances?

    Some time ago, I wrote about how each generation in a family business is expected to contribute toward the company by building on the work of past generations. This building process is often long and multi-generational, and many don't see completion for a very long time. 25 years ago, I Read More
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Art Dubai 2015
Tmag24

Issue 24

Disruptive Innovation

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Tmag23

Issue 23

#GenY

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Tmag22

Issue 22

Economic Impact of Family Businesses

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Tmag21

Issue 21

Conflict and the Family Business

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About Tharawat magazine

Tharawat magazine is a global business publication with a special focus on family firms and entrepreneurship. It is published by Tharawat Media FZ LLC.

 

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From Blog

  • Announcing the Redesign of Tharawat magazine +

    For the past 6 years, Tharawat magazine has told countless stories of families making their mark around the world through their business endeavors. As we approach the release of our Read More
  • Disruptive Innovation and the Family Business - Tharawat magazine Issue 24 is Out! +

    Dear readers, It seems impossible that 2014 is already drawing to an end and that this is the last issue of Tharawat magazine for this year. To end on a Read More
  • Happy International Family Business Day! +

    Tharawat magazine is pleased to mark and celebrate International Family Business Day. On October 5th, family businesses and family business organizations around the globe will mark the occasion to recognize Read More
  • Introducing the Continuum 2014 Family Business Conference +

    Tharawat magazine is happy to announce Continuum 2014, organised and hosted by our founding partner the Tharawat Family Business Forum. Family businesses members from across the globe are set to Read More
  • #GenY - Tharawat magazine Issue 23 is Out! +

    Publisher's Note Dear readers, Creating the special feature on Generation Y also known as the Millennial Generation has been a rather interesting journey. As much as seems to be known Read More
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And the Award goes to...

The cold weather stood in stark contrast to last week’s heated Family Enterprise Case Competition in Burlington, Vermont. After three days of case analyses and presentations, the lucky few teams that made it into the finals started the last day of the competition by receiving a complex case document on yet another family business conundrum. With only three hours at their disposal to put together an analysis and presentation to impress the distinguished panel of finalist judges, students faced great pressure and team spirit was put to the test.

Amongst the undergraduate finalists were the teams from Asper School of Business (University of Manitoba), Dalhousie University, the University of Vermont Business School, the John Molson School of Business (Concordia University), and Stetson University’s Family Enterprise Center. The teams that made it into the graduates final round were the teams from Kellogg School of Management (Northwestern University) and Jönköping International Business School.

Amongst the jury for the undergraduate panel were noted family business academic Dr. Kelin Gersick, Management Fellow at the Yale School of Management; real estate tycoon and sponsor of the FECC Stephen Ifshin, Chairman of DLC Management Corp.; John Hall, COO of Rachael Ray, Watch Entertainment, Inc.; and Tharawat magazine’s Editor-in-Chief Ramia M. El Agamy. With five undergraduate teams contesting for the FECC cup, the judges had their work cut out for them and were forced to take a few hours of deliberation until the tight competition could come to a satisfactory conclusion.team spirit

On the jury for the graduate jury were FECC sponsors Mark DiMichaelis, CEO and President  of Olivia's Organics and State Garden Inc. & DeMichaelis Properties LLC; James R. Keller, President, Green Mountain Business Consultants; as well as Barbara Spector, Editor-in-Chief of the Family Business Magazine.

To add to the great pressure that the competitors must have felt on this last day, the final round was opened to all the other teams and the whole day the ballroom at the Hilton, Burlington boasted of near to 100 people in the audience. After the presentations were over, the judges withdrew into an isolated room for deliberation and assessment.

The award ceremony that ended the FECC was a cheerful affair and clearly demonstrated the friendships the students had forged during these four, sometimes trying days. Sponsors, ambassadors, and organising committee were honoured and various awards were given out to best presenters, most creative and most fun-to-work-with teams building up the anticipation to the handing over of the FECC cups. Under soaring cheers and applause the cups were finally awarded to the John Molson School of Business in the undergraduate category and to Jönköping International Business School in the graduate competition.

jmbsjönköping

It is safe to say that participants, judges and organisers had great fun during the 2014 FECC and that this unique competition will only grow in years to come symbolising a significant and much needed contribution to the family business field.

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