Justin Craig
Justin B. Craig

Clinical Professor of Family Enterprise
Director of the Center for Family Enterprises

Print Overview

Dr. Justin Craig is a Clinical Professor of Family Enterprise and Director of the Center for Family Enterprises at the Kellogg School of Management at Northwestern University. His research focuses on the strategy, function, management, and performance of multi-generational family enterprises and those who lead and steward them. He has authored 46 peer-reviewed academic publications, numerous book chapters and teaching cases and has co-edited several books, all aimed at better understanding the challenges facing business families across the globe.

His current book Leading a Family Business: Best Practices for Long Term Stewardship (Praegar Publishing, July, 2017) is a fascinating convergence of entrepreneurship, family relations, and corporate principles. The volume, co-authored with long time mentor and collaborator Dr Ken Moores, presents two frameworks to better understand the best practices of leading a family business: a firm-level frame focused on these four critical areas of difference (architecture, governance, entrepreneurship, and stewardship) and an individual one that mirrors these in terms of the skill set and mindset successful leaders need to develop. Written as a business narrative, the book considers the differences between leadership in family enterprises and non-family enterprises; the entrepreneurial capabilities needed by executives in family-based firms; and the use of power, identification, and motivation in managing their responsibilities both at home and in the workplace. Case studies provide a real-life look at the inner workings of family operations across the globe.

Before Kellogg, Dr. Craig held faculty positions at Northeastern University in Boston, Bond University in Australia and Oregon State University. He completed undergraduate degrees in Business and Psychology (with Honors) at Griffith University, a Master’s in Counseling and a PhD in Behavioral Science at Bond University.

As a practitioner, he worked with and for business families for almost a decade before pursuing an academic career, and was subsequently involved with multiple entrepreneurial ventures. Today he works closely with family business leaders, their consultants, and advisors, and has trained and presented to members of family firms from most sectors and countries worldwide. He is a consultant with the Family Business Consultant Group.

Areas of Expertise
Family Business

Print Vita
Doctor of Philosophy, 2004, Bond University
Master of Counseling, 2001, Bond University
Bachelors of Psychology (Honors), 2000, Griffith University
Bachelors of Business, 1998, Griffith University

Academic Positions
Clinical Professor of Family Enterprise + Co-Director of the Center of Family Enterprises, Northwestern University, Kellogg School of Management, 2015-present
Associate Professor of Entrepreneurship and Innovation, D'Amore-McKim School of Business, Northeastern University, Boston, 2012-2015
Adjunct Professor of Family Enterprise, Dublin City University, Ireland, 2013-present
Associate Professor of Entrepreneurship and Family Business + Co-Director of the Australian Centre for Family Business, Bond University, Australia, 2008-2012
Assistant Professor of Entrepreneurship, Oregon State University, 2004-2008

Honors and Awards
Long-term Orientation Research Project Grant $25K, Family Firm Institute, 2016
Excellence in Teaching Award Nominee, Northeastern University
Appointed Inaugural Ken Moores Visiting Professor of Family Enterprise, Bond University, Australia

Editorial Positions
Appointed to Editorial and Review Board, Journal of Management and Governance, 2017-2017
Special Issue Co-Editor, Journal of Family Business Strategy: Family Entrepreneurship, 2017-2017
Special Issue Co-Editor, Jounal of Management and Control: Management Control in Family Firms, 2017-2017
Research Chair, Organizing Committee, Family Firm Institute Research and Education Symposium, 2015
EURAM Track Co-coordinator, Family firms and stakeholders: CSR, Branding, Image and Reputation, 2015
Best Dissertation Award Judge, Academy of Management Entrepreneurship Division, 2015
Guest Special Issue Editor: Management Control in , Journal of Management and Control, 2016
Appointed to Editorial and Review Board, Journal of Management and Governance, 2016
Editorial Board, Journal of Family Business Strategy, 2015
Associate Editor, Family Business Review, 2015

Print Research
Research Interests

Family Business, Individual and Firm Level Entrepreneurialism.

Neubaum, D. O., C. Thomas, C Dibrell and Justin B. Craig. 2017. Stewardship Climate Scale: An Assessment of Reliability and Validity. Family Business Review. 30(1): 37-60.
Schjoedt, L and Justin B. Craig. 2017. Development and validation of a unidimensional domain-specific entrepreneurial self-efficacy scale. International Journal of Entrepreneurial Behaviour & Research. 23(1): 98-113.
Alt, E. and Justin B. Craig. 2016. Selling Issues with Solutions: Igniting Social Intrapreneurship in For-Profit Organizations. Journal of Management Studies. 53(5): 794-820.
Clinton, E., C. Faherty, V. Diaz and Justin B. Craig. 2016. Big Boots to Fill: the Next Generation Continuing Differently. International Journal of Entrepreneurship and Innovation. 17(2): 133-139.
Clinton, E., C. Faherty, V Diaz-Moriana and Justin B. Craig. 2015. Glennon Brothers: Old Dogs need to learn New Tricks. Entrepreneurship Theory & Practice.
Van Gils, A., C. Dibrell, D. O. Neubaum and Justin B. Craig. 2014. Social Issues in the Family Enterprise. Family Business Review. 27(3): 193-205.
Craig, Justin B., M. Pohjola, S. Kraus and S. Jensen. 2014. Exploring Relationships among Proactiveness, Risk-Taking and Innovation Output in Family and Non-Family Firms. Creativity and Innovation Management. 23(2): 199-210.
Dibrell, C., Justin B. Craig and D. O. Neubaum. 2014. Linking the formal stategic planning process, planning flexibility, and innovativeness to firm performance. Journal of Business Research. 67(9): 2000-2007.
Craig, Justin B., C. Dibrell and R. P. Garrett. 2014. Examining relationships among family influence, family culture, flexible planning systems, innovativeness and performance. Journal of Family Business Strategy. 5(3): 229-238.
Dibrell, C., Justin B. Craig, J. Kim and A. J. Johnson. 2014. Establishing how natural environmental competency, organizational social consciousness, and Innovativeness relate. Journal of Business Ethics. 127: 591-605.
Craig, Justin B. and H. Lee. 2013. Family and business stewardship in a third generation South Korean family business. Journal of Small Business Innovation. 2: 1-16.
Davis, W., C. Dibrell, Justin B. Craig and J. Green. 2013. The Effects of Goal Orientation and Client Feedback on the Adaptive Behaviors of Family Enterprise Advisors. Family Business Review. 26: 215-227.
Eberhard, M. and Justin B. Craig. 2013. The Evolving Role of Organisational and Personal Networks in International Market Venturing. Journal of World Business. 48: 220-227.
Ling, Y., D. Baldridge and Justin B. Craig. 2012. The impact of family structure on issue selling by successor generation members in family firms. Journal of Family Business Strategy. 3(4): 220-227.
Neubaum, D. O., C. Dibrell and Justin B. Craig. 2012. Balancing natural environment concerns of internal and external stakeholders in family and non-family businesses. Journal of Family Business Strategy. 3(1): 28-37.
Craig, Justin B. and C. Salvato. 2012. The distinctiveness, design, and direction of family business research: Insights from management luminaries. Family Business Review. 25: 109-116.
Kraus, S., S. Mark, Justin B. Craig and C. Dibrell. 2012. Family firms and entrepreneurship: Contradiction or synonym?. Journal of Small Business and Entrepreneurship. 25(2): 135-140.
Dibrell, C. and Justin B. Craig. 2011. A system performance model to capture the potential for enterprising family advantage and corresponding performance outcomes. Frontiers of Entrepreneurship. 31(13): Article 4.
Dibrell, C., Justin B. Craig and E. Hansen. 2011. Natural Environment, Market Orientation, and Firm Innovativeness: An Organizational Life Cycle Perspective. Journal of Small Business Management. 49(3): 467-489.
Dibrell, C., Justin B. Craig and E. Hansen. 2011. How managerial attitudes toward the natural environment affect market orientation and innovation. Journal of Business Research. 64(4): 401-407.
Cromer, C., C. Dibrell and Justin B. Craig. 2011. A study of Schumpterian (Radical) vs. Kirznerian (Incremental) innovations in knowledge intensive industries. Journal of Strategic Innovation and Sustainability. 7(1): 28-42.
Craig, Justin B.. 2010. Desk rejection: How to avoid being hit by a returning boomerang. Family Business Review. 25: 306-309.
Craig, Justin B. and K. Moores. 2010. Strategically aligning family and business systems using the Balanced Scorecard. Journal of Family Business Strategy. Journal of Family Business Strategy. 1: 78-87.
Craig, Justin B. and K. Moores. 2010. Championing family business issues to influence public policy: Evidence from Australia. Family Business Review. 23: 170-180.
Morris, M. and Justin B. Craig. 2010. Towards a better understanding of family enterprising. International Journal of Entrepreneurial Venturing. 2(3/4): 308-319.
Craig, Justin B., K. Moores, C. Howorth and P. Poutziouris. 2009. Family business: A rich research repository. Journal of Management and Organization. 15(3): 392-394.
Craig, Justin B., K. Moores, C. Howorth and P. Poutziouris. 2009. Family business research at a tipping point threshold. Journal of Management and Organizations. 15(3): 282-293.
Cassar, G. and Justin B. Craig. 2009. An investigation of hindsight bias in nascent venture activity. Journal of Business Venturing. 24: 149-164.
Dibrell, C., P. Davis and Justin B. Craig. 2009. The performance implications of temporal orientation and information technology in organization-environment alignment. Journal of Strategy and Management. 2: 145-162.
Randoy, T., C. Dibrell and Justin B. Craig. 2009. Founding family leadership and industry profitability. Small Business Economics: An Entrepreneurial Guide. 32: 397-407.
Dibrell, C., Justin B. Craig, K. Moores, A. J. Johnson and P. S. Davis. 2009. Factors critical in overcoming the liability of newness: Highlighting the role of family. Journal of Private Equity. 12(2): 38-48.
Zahra, S., D. O. Neubaum, J. Hayton, C. Dibrell and Justin B. Craig. 2008. Culture of family commitment and strategic flexibility: Moderating effect of stewardship. Entrepreneurship Theory & Practice. 32: 1035-1054.
Craig, Justin B., C. Dibrell and P. S. Davis. 2008. Leveraging family-based brand identity to enhance firm competitiveness and performance. Journal of Small Business Management. 46(3): 351-371.
Dibrell, C., P. Davis and Justin B. Craig. 2008. Fueling innovation through information technology in SMEs. Journal of Small Business Management. 46(2): 203-218.
Dibrell, C. and Justin B. Craig. 2006. The natural environment, innovation, and firm performance: A comparative study. Family Business Review. 19(4): 275-288.
Johnson, D. and Justin B. Craig. 2006. Establishing individual differences related to opportunity alertness and innovativeness dependent on academic-career training. Journal of Management Development. 25(1): 28-39.
Johnson, D., Justin B. Craig and R. Hilderbrand. 2006. Entrepreneurship education: Towards a discipline-based framework. Journal of Management Development. 25(1): 40-54.
Craig, Justin B., G. Cassar and K. Moores. 2006. A ten year longitudinal investigation of strategy, systems and environment upon innovation in family firms. Family Business Review. 19(1): 1-10.
Dibrell, C. and Justin B. Craig. 2006. Linking transgenerational value creation with natural environment and sustainability policy in family and non-family owned firms: Extending the agency-stewardship theory debate. Frontiers of Entrepreneurship Research.: 177-190.
Craig, Justin B. and K. Moores. 2005. Balanced scorecards to drive the strategic planning of family firms. Family Business Review. XVIII(2): 105-122.
Craig, Justin B. and N. J. Lindsay. 2002. Incorporating the family dynamic into the entrepreneurship process. Journal of Small Business and Enterprise Development. 9(4): 416-430.
Craig, Justin B. and K. Moores. 2002. How Australia's Dennis Family Corporation professionalized its family business. Family Business Review. XV(1): 59-70.
Craig, Justin B.. 2002. Conflict and family functioning in family business. The Journal of SEAANZ. 10(2): 88-99.
Craig, Justin B. and N. J. Lindsay. 2002. A Framework for Understanding Opportunity Recognition Entrepreneurs versus Private Equity Financiers. Journal of Private Equity. 6(1): 13-24.
Craig, Justin B.. 2001. A look at organizational conflict in family business. The Journal of SEAANZ. 9(2): 71-78.
Craig, Justin B. and N. J. Lindsay. 2001. Quantifying "gut feeling" in the opportunity recognition process. Frontiers of Entrepreneurship Research.: 124-137.
Book Chapters
Craig, Justin B., R. P. Garrett and C. Dibrell. 2016. "Internal Corporate Venturing in Multi-Generational Family Enterprises: A Conceptual Model (Chapter 4)." In Family Entrepreneurship: Rethinking the Research Agenda, edited by K. Randerson, C. Bettineli, G. Dossena and A. Fayolle, London & New York: Routledge, ISBN: 978-1-138-84119-2.
Craig, Justin B. and K. Moores. 2015. "The A-GES Framework: Understanding the Family Business Difference (Chapter 6)." In Small Business in a Global Economy: Creating and Managing Successful Organizations, edited by S. Newbert, California and Colorado: Praeger, ISBN: 978-1-4408-3015-0.
Blomback, A. and Justin B. Craig. 2014. "Marketing from a family business perspective." In The Sage Handbook of Family Business, edited by Leif Melin, Mattias Nordqvist & Pramodita Sharma, SAGE Publications Inc, 9781446247556, 9780857023636.
Craig, Justin B.. "Family Business Succession: 15 Guidelines and Pathways.." China Family Business Report on Succession (invited article), 2015.
Craig, Justin B.. "Managing the Communication Paradox in the Family Business Circus.." Centre for Family Business, Dublin City University E-Magazine.
Craig, Justin B.. "Review of An Evolutionary Approach to Entrepreneurship: Selected Essays by Howard E. Aldrich." January.
Craig, Justin B. and Hyunsuk Lee. "Differences Among and Between Family Businesses.." DongA Business Review (South Korea).
Craig, Justin B. and K. Moores. 2017. Leading a Family Business: Best Practices For Long-Term Stewardship. Chicago: Praeger.
Lee, C and Justin B. Craig. 2015. Attitude-Skills-Knowledge: Entrepreneurial Education Workbook.
Ramachadran, Kavil and Justin B. Craig. 2011. Family Enterprise in the Asian Pacific: Exploring Transgenerational Entrepreneurship in Family Firms (Editor). London: Elger Publishing, ISBN: 9781848447929.
Moores, Ken and Justin B. Craig. 2011. Understanding Family Enterprise: A Book of Readings. Gold Coast Australia: Bond University Press, ISBN: 9780980618747.
Lindsay, N. J. and Justin B. Craig. 2000. Stars under the Southern Cross: The Untold Stories of Queensland Family Businesses. Gold Coast Qld.: Bond University, ISBN: 9780733100185.
Geronimos, Gail, N. J. Lindsay and Justin B. Craig. 2005. Business Opportunities Made Investor Ready. Oregon: Authors Academic Publishing.
Conference Proceedings
Alt, E. and Justin B. Craig. 2015. "Enacting Social and Commercial Logics in Issue Selling. (AoM Proceedings).".
Moores, K. and Justin B. Craig. 2004. CASE | The Professionalization Process: The Dennis Family Corporation case..
Craig, Justin B. and J. Bergmuller. 2005. CASE | Dummy Boards or Bored Dummies: Changes Needed at Bauer Holdings..
Moores, K. and Justin B. Craig. 2015. CASE | The Dempsey Family Case..
Clinton, E, C. Faherty, V. Diaz-Moriana and Justin B. Craig. 2015. CASE | Glennon Brothers: Old Dogs Need to learn New Tricks..
Clinton, E., Justin B. Craig, V., Diaz-Moriana and C. Faherty. 2015. CASE | Big Boots to Fill- the Next Generation Continuing Differently..

Print Teaching
Full-Time / Evening & Weekend MBA
Family Enterprises: Issues and Solutions (STRT-447-0)
This course was formerly known as STRT-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 MBA
Family Enterprises: Success & Continuity (STRTX-455-0)