• Korean Air and the "Nut Rage" Incident

    The world is abuzz with the story of a Korean Air executive who delayed a flight because she was angry at being served macadamia nuts in its original packaging, not on a plate. While this sounds like a bad joke out of a second-rate comedy, this incident is the latest Read More
  • Are Visionaries the Right Leaders for the Company?

    In the Family Business Leadership Series, Jonathan Creaghan takes us on a journey to discover four Leadership Natures and explains how to unleash their highest potential. Part 2 is dedicated to the Leadership Nature "Visionary". We began this series by providing an overview of four types of leadership natures (Visionary, Read More
  • Conversation Between Generations

    Four decades ago, Peter Woods, founded a modest grocery business. Throughout the years, his tireless effort turned the business into a strong organisation led by his family. For the past fifteen years, his sons Charlie, Paul and Jean have been running the company, which employs more than a thousand people Read More
  • Interview with Professor Mike Wright

    Professor Mike Wright is the Professor of Entrepreneurship at Imperial College Business School and the Director of the Centre for Management Buy-out Research. Prof. Wright’s passion for the family business field started with his expertise in management buyouts and in this interview with Tharawat magazine he told us why. Read More
  • Superheroes and the Family Business

    Superhero films are all the rage in Hollywood. In the last few years, characters like Iron Man, Batman, and the X-Men have been serving up box office smash hits, and it seems moviegoers can’t get enough of these characters and their super powers. We have compiled a list of four Read More
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Dubay & Shalden
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

  • 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
  • How Watching Football Can Help Your Family Business +

    With the 2014 FIFA World Cup underway in Brazil, the world has been treated to an exciting array of football matches between the nations. While the usual matchups between traditional 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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