For family firms, plotting ambitious futures is like planning a space venture.
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Value innovation is the cornerstone of new market creation.
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Randel Carlock
Senior Affiliate Professor of Entrepreneurship and Family Enterprise
Randel Carlock is the first Berghmans Lhoist Chaired Professor in Entrepreneurial Leadership and the founding Director of the Wendel International Centre for Family Enterprise at INSEAD. Previously he was the first Opus Professor of Family Enterprise and founder of the Family Business Center at the University of St. Thomas in Minneapolis (USA).
Randel has 25 years of leadership experience, serving first as an executive with a NYSE family business – Dayton-Hudson (now Target Corporation) – and as a CEO and Chairman of four companies he founded, including a NASDAQ listed corporation. He currently advises global business families, banks and corporations on strategy, leadership development, family relationships and governance, specialising in Asia, Europe and the Middle East.
He is author and co-author of several books, articles and case studies, including his latest book When Family Businesses are Best: The Parallel Planning Process for Family Harmony and Business Success with John L. Ward (Macmillan, Autumn 2010).
His other books include Family Business on the Couch: A Psychological Perspective with Manfred Kets de Vries and Elizabeth Florent-Treacy (John Wiley and Sons, 2007), Strategic Planning for the Family Business with John L. Ward (Macmillan, 2003) and Organization Development in Successful Entrepreneurial Firms (Garland Publishing, 1994).
Read case studies by Randel here.
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