John Ward
John L. Ward

INNOVATION & ENTREPRENEURSHIP
Clinical Professor of Family Enterprise
Co-Director of the Center for Family Enterprises

Print Overview

Ward teaches and studies succession, ownership, governance, and philanthropy of family enterprises.

He is author or co-author of several leading books on family business including Family Business as Paradox; Keeping the Family Business Healthy; Perpetuating the Family Business: 50 Lessons Learned from Long-Lasting Successful Families in Business; Building A Successful Family Business Board: A Guide for Leaders, Directors, and Families; When Family Businesses are Best: The Parallel Planning Process for Family Harmony and Business Success; Strategic Planning for the Family Business; Family Business Key Issues; Creating Effective Boards for Private Enterprises; and Unconventional Wisdom: Counterintuitive Insights for Family Business Success. Ward is also a co-author of Why Others? Philanthropy and Opportunity and Why Me? Creating, Receiving and Passing On Wealth. He has authored a collection of 17 booklets (with Craig Aronoff), "The Family Business Leadership Series," each booklet focusing on a specific issue family businesses face (see palgrave.com or thefbcg.com).

Ward graduated from Northwestern University (B.A.) and Stanford Graduate School of Business (M.B.A. and Ph.D). Currently he serves on the boards of six companies and three non-profit organizations.



Areas of Expertise
Family Business

Print Vita
Education
PhD, 1973, Stanford University
MBA, 1969, Stanford University
BA, 1967, Northwestern University

Grants and Awards
Certificate of Impact Teaching Award, Kellogg School of Management, Winter Class 2014
Certificate of Impact Teaching Award, Kellogg School of Management, Winter Class 2010

Editorial Positions
Applied Research Board, Family Business Review, 2014-Present
Editorial Board, Family Business Review, 2006-2012

Print Research
Research Interests
Family enterprise continuity planning, governance, business ownership, family offices and family foundations.

Articles
Lungeanu, Razvan and John L. Ward. 2012. A Governance-Based Typology of Family Foundations: The Effect of Generation Stage and Governance Structure on Family Philanthropic Activities. Family Business Review.
Ward, John L. and Lloyd Steier. 2006. If Theories of Family Enterprise Really Do Matter, So Does Change in Management Education. Entrepreneurship Theory and Practice.: 887-895.
Ward, John L.. 2006. Managing For The Long Term. Families In Business. 26
Ward, John L.. 2006. When the Family is Large. Families In Business. 25
Ward, John L. and Steve Waichler. 2005. Continuity and Flexibility Enable A Business to Survive and Thrive. Families In Business. 21
Ward, John L. and Colleen Lief. 2005. Unconventional Wisdom: Counterintuitive Insights For Family Business Success. Perspectives for Managers.(120)
Ward, John L. and Steve Waichler. 2005. Keep It In The Family and Help the Business To Reach New Heights. Families In Business. 20
Ward, John L.. 2005. Added Family Values. Families In Business. 22
Ward, John L. and Craig E Aronoff. 2005. How Successful Business Families Get That Way. Families In Business. 14(2)
Aronoff, Craig E and John L. Ward. 2005. The Cousin Collaboration. Families In Business. 23
Ward, John L.. 2005. Keeping the Business Within the Family. Financial Times.
Montemerlo, Daniela and John L. Ward. 2004. How a Formal Family Agreement Can Benefit Your Business. Families In Business. 16
Schwass, Joachim, Amann Wolfgang and John L. Ward. 2004. Die nächste Generation. Hamburg: Zeitschrift Führung & Organisation Praxis.
Ward, John L. and Joachim Schwass. 2004. La Gestion des RH dans les Entreprises Familiales. HR Today.
Ward, John L.. 2004. The Family Council: Goals, Roles and Holes. Families in Business. 12
Ward, John L.. 2004. Think of Your Family Foundation as a Family Business. Families In Business. 15
Ward, John L.. 2004. Is Google a Family Business?. Families In Business. 14
Denison, Daniel, Colleen Lief and John L. Ward. 2004. Culture in Family-Owned Enterprises: Recognizing and Leveraging Unique Strengths. Family Business Review. 17(1): 61-70.
Ward, John L.. 2004. Live Long and Prosper. Families In Business. 13
Schwass, Joachim, John L. Ward and Barbara Murray. 2003. Lausanne: Where It's At. Families In Business.
Ward, John L., Liz Guthridge, Rhonda Kaufman, John P. McAllister and Cynthia A. Montgomery. 2003. The Board's Missing Link. Harvard Business Review. 81(6): 130-131.
Ward, John L.. 2003. What do owners do?. Families In Business. 9
Ward, John L.. 2003. The Ultimate Vision for Continuity?. Families In Business. 10
Ward, John L.. 2003. How Strategy, Management and Governance Are Different. Families in Business.
Ward, John L. and Randel S Carlock. 2003. What every family member needs to know about strategy. Families In Business. 8
Ward, John L.. 2003. Good Governance Is Different for Family Firms. Families in Business.
Ward, John L.. 2002. The Family Business Advantage: Unconventional Strategy. Families In Business. 3
Ward, John L.. 2002. How Family Vision Drives Business Strategy. Families In Business. 6
Ward, John L.. 2002. The Role of the Board In Family Business Strategy. Families In Business.
Ward, John L.. 2002. Murugappa Group. Families In Business. 2
Ward, John L.. 2001. Developing Effective Ownership in the Family-Controlled Business. Directors Monthly. 25
Lank, Alden G. and John L. Ward. 2000. Governing the Business Owning Family. Family Business Network Newsletter. 26
Ward, John L.. 2000. Reflections On Indian Family Groups. Family Business Review. 13(4): 271-278.
Aronoff, Craig E and John L. Ward. 1998. Reinterpreting Traditions In Changing Times. Nations Business. 86(7): 60-61.
Book Chapters
Ward, John L.. 2004. "How Governing Family Businesses is Different." In Mastering Global Corporate Governance, edited by Ulrich Steger, Peter Lorange, Fred Neubauer, John L. Ward, Bill George, Wiley.
Ward, John L.. 2001. "Die Herausforderung, ein Familienunternehmen am Leben zu erhalten." In Familienunternehmen heute, Bonn, Germany: INTES.
Other
Ward, John L.. "Sibling Rivalry is the Biggest Challenge for Indian Family Businesses." Business Today.
Ward, John L.. "Appreciating Paradoxes." IESE Insight, Third Quarter 2009.
Ward, John L.. "Enough Reason to Get Back Together." The Economic Times.
Ward, John L.. "The Value of Family Business Values." The Times (London, England), Special Issue Supplement: Raconteur on Family Business, May 5, 2009.
Aronoff, Craig E, John L. Ward and Denise Kenyon-Rouvinez. "Reports of our Demise are Greatly Exaggerated: Family Ownership in the U.S. Newspaper Industry." Conference Paper, Stokholm School of Economics.
Carlock, Randel S and John L. Ward. "The Unique Challenge of Family Business Planning." Family Business Network Newsletter.
Ward, John L.. "Code of Conduct (for a family firm)." Essay.
Books
Ward, John L.. 2011. Building a Successful Family Business Board: A Guide for Leaders, Directors, and Families. Palgrave Macmillan.
Ward, John L.. 2004. Perpetuating the Family Business: 50 Lessons Learned from Long-Lasting, Successful Families in Business. New York, NY: Palgrave Macmillan.
Carlock, Randel S and John L. Ward. 2001. Strategic Planning for the Family Business: Parallel Planning To Unify the Family and Business. New York, NY: Palgrave Macmillan.
Ward, John L. and Randel S Carlock. 2010. When Family Businesses are Best:The Parallel Planning Process for Family Harmony and Business Success. New York: Palgrave MacMillan.
Ward, John L., Amy Schuman and Stacy Stutz. 2010. Family Business as Paradox. New York: Palgrave MacMillan.
Kenyon-Rouvinez, Denise and John L. Ward. 2005. Family Business: Key Issues. New York, NY: Palgrave Macmillan.
Ward, John L.. 1987. Keeping the Family Business Healthy: How to Plan for Continuing Growth, Profitability and Family Leadership. Family Enterprise Publishers.
Ward, John L.. 2003. Family Business Through Darwin's Theory of Species. Geneva: Lombard Odier Darier Hentsch & Cie.
Ward, John L.. 2005. Unconventional Wisdom: CounterIntuitive Insight for Family Business. Wiley.
Ward, John L., Denise Kenyon-Rouvinez, Thierry Lombard and Matthieu Ricard. 2007. Why Me? Wealth: Creating, Receiving and Passing It On.
Ward, John L., Thierry Lombard and Matthieu Ricard. 2008. Why Others? Philanthropy as Opportunity.
Ward, John L.. 2010. Series of 17 booklets on practical family business topics.
Cases
Ward, John L. and Colleen Lief. 2006. Lee Kum Kee Co. Ltd (A): The Family Recipe. Lausanne: IMD Case Collection.
Ward, John L.Ivan Lansberg and Sachin Waikar. 2011. Carvajal SA: Building on a Centurey of Business Growth and Family Values.
Ward, John L. and Colleen Lief. 2005. Hilti: Our Culture Journey. Lausanne: IMD Case Collection.
Ward, John L., Joachim Schwass and Colleen Lief. 2005. Clinton Devon Estates: Since 1299, A Culture of Distinction (C). Lausanne: IMD Case Collection.
Ward, John L. and Colleen Lief. 2002. Torvald Klaveness Group: From Old Traditions To Future Innovations. Lausanne: IMD Case Collection.
Ward, John L. and Sachin Waikar. 2011. India's Mewar Dynasty: Upholding 76 Generations of Service and Custodianship (A) (B) (C). Indian School of Business/IVEY Publishing.
Lief, Colleen, Joachim Schwass, Ulrich Steger and John L. Ward. 2002. Bata Shoe Organization (B). Lausanne: IMD Case Collection.
Ward, John L., Joachim Schwass and Colleen Lief. 2008. KWS (B): In Full Bloom - Independence and Continuity. IMD.
Ward, John L. and Joachim Schwass. 2005. Clinton Devon Estates: Since 1299, A Culture of Distinction (B). Lausanne: IMD Case Collection.
Ward, John L. and Susan Perricelli. 2001. Keystone (A).
Ward, John L., Joachim Schwass and Colleen Lief. 2008. Oracle of Omaha Meets the Visionaries of Galilee.
Ward, John L. and Susan Perricelli. 2001. Keystone B.
Ward, John L., Joachim Schwass and Colleen Lief. 2007. Entrepreneurial Philanthropy: Be A Non-Conformist. Lausanne: IMD Case Collection.
Ward, John L. and Colleen Lief. 2005. Prudence and Audacity: The House of Beretta. Lausanne: IMD Case Collection.
Lief, Colleen, Joachim Schwass, Ulrich Steger and John L. Ward. 2002. Bata Shoe Organization (A). Lausanne: IMD Case Collection.
Ward, John L. and Colleen Lief. 2005. Four Generations of the Owens Family (A). Lausanne: IMD Case Collection.
Ward, John L., Joachim Schwass and Colleen Lief. 2008. KSW (A): The Roots of Independence.
Ward, John L. and Colleen Lief. 2005. Four Generations of the Owens Family (C). Lausanne: IMD Case Collection.
Ward, John L. and Colleen Lief. 2005. Four Generations of the Owens Family (B). Lausanne: IMD Case Collection.
Ward, John L. and Joachim Schwass. 2005. Clinton Devon Estates: Since 1299, A Culture of Distinction (A). Lausanne: IMD Case Collection.
Ward, John L. and Sachin Waikar. 2011. Ensuring Family and Business Continuity at India's GMR Group. Indian School of Business/IVEY Publishing.
Ward, John L., Joachim Schwass and Colleen Lief. 2008. KWS (A): The Roots of Independence. IMD.
Ward, John L. and Joachim Schwass. 2005. Four Generations of the Owens Family (D). Lausanne: IMD Case Collection.
Ward, John L. and Colleen Lief. 2006. Lee Kum Kee Co. Ltd (B): Passing Down the Recipe. Lausanne: IMD Case Collection.
Ward, John and Carrie Meek. 2005. Fel-Pro (A): A Five-Generation Winning Workplace. Case 5-105-001(A) (KEL118).
Ward, John and Carol Adler Zsolnay. 2004. Succession and Continuity for Johnson Family Enterprises (B). Case 5-104-013(B) (KEL123).
Ward, John and Christina N Goletz. 2004. Clemens Family Corporation (A): The Struggle from Family First to Business First. Case 5-104-012(A) (KEL115).
Ward, John. 2007. Star Machining Services, Inc.. Case 5-307-500 (KEL372).
Ward, John, Sachin Waikar and Carol Adler Zsolnay. 2009. Culture and Compensation: Considering Performance and Variable Pay at SRF Limited . Case 5-109-004 (KEL445).
Ward, John and Susan Perricelli. 2005. Magid Glove and Safety Manufacturing. Case 5-404-760 (KEL120).
Ward, John and Brian Colton. 2004. Weston Nurseries Inc.(A). Case 5-105-002(A) (KEL147).
Ward, John and Carol Adler Zsolnay. 2010. Keddeg Company (C): March–December 2008: From Go-Go Succession to Non-Family Sale. Case 5-107-012(C) (KEL480).
Ward, John, Suren Mansinghka, Bhaskar Sambamurthy and Elyssa Tran. 2006. The Harilela Empire: An Indian Family Business in Hong Kong. Case 5-405-757 (KEL249).
Ward, John. 2009. Technical Note: Ten Secrets of Successful Business Families . Case 7-309-500 (KEL460).
Ward, John and Carol Adler Zsolnay. 2004. Succession and Continuity for Johnson Family Enterprises (A). Case 5-104-013(A) (KEL122).
Ward, John and Canh Tran. 2004. Scott Family Enterprises (B): Addressing Family Goals and Visions in the Family Enterprise. Case 5-204-267(B) (KEL125).
Ward, John and Carol Adler Zsolnay. 2004. The Murugappa Group: Centuries-Old Business Heritage and Tradition. Case 5-104-011 (KEL121).
Ward, John, Susan Schwendener and Scott Whitaker. 2010. Creating a Family Business: The Genesis of Rogers Family Enterprises. Case 5-210-254 (KEL567).
Ward, John and Carol Adler Zsolnay. 2007. Keddeg Company (B): Twenty Months Later. Case 5-107-012(B) (KEL479).
Ward, John and Carrie Meek. 2005. Fel-Pro (B): After the Sale-The Lehman Family Transition. Case 5-105-001(B) (KEL119).
Ward, John, Sachin Waikar and Carol Adler Zsolnay. 2009. Technical Note: Why Bond? The Benefits of Family Ties across Time, Space, and Generations. Case 7-309-501 (KEL459).
Ward, John. 2010. Technical Note: The Family Constitution. Case 7-309-502 (KEL601).
Ward, John, Sachin Waikar and Carol Adler Zsolnay. 2008. Families, Fortunes, and Footwear: Reaching Out to the Fourth Generation of Brazil’s Lupo S.A.. Case 5-408-753 (KEL406).
Ward, John and Elly Andriopoulou. 2006. The Oberman Family and Omeda Communications Inc.. Case 5-105-003 (KEL293).
Ward, John and Brian Colton. 2004. Weston Nurseries Inc.(B). Case 5-105-002(B) (KEL148).
Ward, John and Canh Tran. 2004. Scott Family Enterprises (A): Defining Fair Process for Cousin Owners. Case 5-204-267(A) (KEL124).
Ward, John and Carol Adler Zsolnay. 2007. Freedom Communications, Inc: Family Enterprise or Liquidity?. Case 5-307-504 (KEL339).
Ward, John and Christina N Goletz. 2004. Clemens Family Corporation (C): Post Transition (August 2001). Case 5-104-012(C) (KEL117).
Ward, John and Christina N Goletz. 2004. Clemens Family Corporation (B): The Process of Change. Case 5-104-012(B) (KEL116).
Ward, John and Carol Adler Zsolnay. 2005. Thomas Mann’s Buddenbrooks: The Decline of a Family. Case 7-404-750 (KEL284).
Ward, John and Carol Adler Zsolnay. 2007. Keddeg Company (A): Succession to the Next Generation of Small Business. Case 5-107-012(A) (KEL369).

 
Print Teaching
Teaching Interests
Family business continuity planning, governance, business ownership, family offices and family foundations. Executive Education Governing Family Enterprises A Program for Directors, Shareholders and Executives more >> Leading Family Enterprises Lead Your Family Company Forward. Designed for next generation members from business families, who are (or aspire to be) in positions of influence in either the family or the enterprise, including: new CEOs (or CEO candidates), family council chairs, family directors or trustees. more >>
Full-Time / Part-Time MBA
Family Enterprises: Issues and Solutions (STRT-927-0)
This course was formerly known as MGMT 927
The course is intended for those from business-owning families, whether they plan to work in the business or not. Topics range from succession and family dynamics to continuity planning and strategic performance. The course is also appropriate for those who have family foundations, family investment companies, or family offices. The class involves case discussions, guest speakers, field and research assignments, and presentations of new ideas in family enterprises.

Executive Education
Governing Family Enterprises
Develop new governance and leadership skills and learn to differentiate the roles and responsibilities of owners, family members, independent directors and executives. This collaborative program will equip you to define your family enterprise’s future and move toward that future with confidence.
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Leading Family Enterprises
This four-day program is designed for the next generation of members who are or aspire to be leaders for their family enterprise. You will discover how to manage the strategic and personal pressures that are at the core of these complex enterprises.

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