John Ward
John L. Ward

INNOVATION & ENTREPRENEURSHIP
Clinical Professor Emeritus of Family Enterprise

Print Overview

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

 He is 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 co-author of Why Others? Philanthropy and Opportunity and Why Me? Creating, Receiving and Passing On Wealth.  He also co-authored a collection of 17 booklets "The Family Business Leadership Series" with 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 two 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

Honors and Awards
Judge of FBN Global Family Business of the Year, Family Business Network
Judge of FBN Global Family Business of the Year, Family Business Network
Judge of International Family Business Case Competition, University of Vermont
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, 2016-2017
Wrote the Precis for Family Business Review, Family Business Review, 2016-2017
Applied Research Board, Family Business Review, 2014-2017
Editorial Board, Family Business Review, 2006-2012

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

Articles
Ward, John L.. 2016. Family Values for Competitive Advantage. Family Business Magazine.
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.. 2006. Better Built to Last Longer. Families in Business. 24
Lombard, Thierry, Annelie Stider, Colleen Lief and John L. Ward. 2006. Making A Difference. Families in Business.
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 F?hrung & 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.
Danco, Leon A and John L. Ward. 1990. Beyond Success: The Continuing Contribution of the Family Foundation. Family Business Review. 3(4): 347-355.
Book Chapters
Ward, John L. and Joseph Tapies. 2008. "How Values Dilemmas Underscore the Difficult Issues of Governing the Large Enterprising Family." In Family Values and Value Creation, Intro: 1-6, Chapter 5: 102-123. Palgrave MacMillan.
Ward, John L. and CarolAdler Zsolnay. 2008. "Kartha-Based Undivided Family Model The Murugappa Group, India." In Culturally Sensitive Models for Family Business in Southern Asia: A Compendium Using the GLOBE Par, Chapter 9: 177-202. Icfai University Press.
Ward, John L.. 2008. "How Values Dilemmas Underscore the Difficult Issues of Governing the Large, Enterprising Family." In Family Values and Value Creation:The Fostering Of Enduring Values Within Family-Owned Businesses, edited by John L. Ward, Josep Tapies, Introduction: 1-6, Chapter 5: 102-123. Palgrave Macmillan.
Ward, John L.. 2008. "Managing Complexity: The Family Business Experience." In Managing Complexity in Global Organizations, edited by Ulrich Steger, Wolfgang Amann, Martha Maznevski, Chapter 18: 249-259. John Wiley & Sons, Ltd..
Ward, John L.. 2006. "Defying the Odds: Case Studies of Nigerian Organizations That Have Survived Generations." In Defying the Odds: Case Studies of Nigerian Organizations That Have Survived Generations, Foreword: xvii-xviii.
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.. "Global Study of Family Business Practices." www.kcfe.net.
Ward, John L.. "The Ten Subtle Secrets of Successful Family Businesses." www.kcfe.net.
Ward, John L.. "Family Capitalism." www.kcfe.net.
Ward, John L.. "When and Why to Hire (or not hire) Non-Family Executives." www.kcfe.net.
Ward, John L.. "The Ford Family As Owners." www.kcfe.net.
Ward, John L.. "Heineken, the Family Business." www.kcfe.net.
Ward, John L.. "Creating a Culture of Change." www.kcfe.net.
Ward, John L.. "The First Ford Succession: From Henry I to Edsel I." www.kcfe.net.
Ward, John L.. "What is the Role of Family on Board?." www.kcfe.net.
Ward, John L.. "Co-leadership - Lessons From Nine Alums." www.kcfe.net.
Ward, John L.. "Questions Kellogg Students From Business Families Ask Most." www.kcfe.net.
Ward, John L.. "Family Business Wisdom: Graduation 2014." www.kcfe.net.
Ward, John L.. "Making the Most of Your Emotions." The Times, June 7, 2010.
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 Ten Subtle Secrets of Successful Family Businesses." Family Business: Wiki Town Square blog.
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.
Ward, John L.. "Why Are Family Meetings So Emotionally Draining?." 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.
Conference Proceedings
Ward, John L.. 1986. "Family Ownership, Business Strategy and Performance: A Look at the PIMS Data Base.".
Cases
Ward, John L.. 2017. Clemens Family (D) [Forthcoming Kellogg Case].
Ward, John L.. 2017. Yorgus Yogurt [Forthcoming Kellogg Case].
Ward, John L.. 2017. Luck Co. [Forthcoming Kellogg Case].
Ward, John L.. 2017. A Diamond in the Rough: J.M. Huber and the PATH Business [Forthcoming Kellogg Case].
Ward, John L.. 2017. San Gregorio: Fair Process for Next Generation Siblings [Forthcoming Kellogg Case].
Ward, John L. and Ashley Luse. 2017. What's in a Family Legacy? Balancing Family Emotions and Business Growth at Luse Holdings.
Ward, John L. and Carol Adler Zsolnay. 2014. Destira, Inc. Succession Planning, A Time Sensitive Decision.
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.
Miller, Warren D., Gerry Boschowitz, Rudy Boschowitz, Joe Mattos, Mary Whiteside and John L. Ward. 2000. The Ghost in the Family Business. Case Study Commentary: Harvard Business Review R00315.
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 Carol Adler Zsolnay. 2004. Succession and Continuity for Johnson Family Enterprises (B). Case 5-104-013(B) (KEL123).
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. 2016. Plymouth Tube Company: How to Build Ownership Consensus. Case 5-214-250 (KEL961).
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, 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. 2007. Star Machining Services, Inc.. Case 5-307-500 (KEL372).
Ward, John, Carol Adler Zsolnay and Sachin Waikar. 2016. How to Motivate the Fifth Generation? Balancing Engagement and Entitlement at Lee Kum Kee. Case 5-214-251 (KEL949).
Ward, John and Susan Perricelli. 2005. Magid Glove and Safety Manufacturing. Case 5-404-760 (KEL120).
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 and Carol Adler Zsolnay. 2004. The Murugappa Group: Centuries-Old Business Heritage and Tradition. Case 5-104-011 (KEL121).
Ward, John. 2009. Technical Note: Ten Secrets of Successful Business Families . Case 7-309-500 (KEL460).
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 and Carol Adler Zsolnay. 2004. Succession and Continuity for Johnson Family Enterprises (A). Case 5-104-013(A) (KEL122).
Ward, John and Brian Colton. 2004. Weston Nurseries Inc.(A). Case 5-105-002(A) (KEL147).
Ward, John, Brent C. Stern, Carol Adler Zsolnay and Sachin Waikar. 2016. ATF, Inc.: Fasteners and Family. Case 5-113-004 (KEL957).
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, 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 and Carrie Meek. 2005. Fel-Pro (B): After the Sale-The Lehman Family Transition. Case 5-105-001(B) (KEL119).
Ward, John and Christina N Goletz. 2004. Clemens Family Corporation (B): The Process of Change. Case 5-104-012(B) (KEL116).
Ward, John and Brian Colton. 2004. Weston Nurseries Inc.(B). Case 5-105-002(B) (KEL148).
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. 2010. Technical Note: The Family Constitution. Case 7-309-502 (KEL601).
Ward, John and Carol Adler Zsolnay. 2007. Keddeg Company (B): Twenty Months Later. Case 5-107-012(B) (KEL479).
Ward, John and Elly Andriopoulou. 2006. The Oberman Family and Omeda Communications Inc.. Case 5-105-003 (KEL293).
Ward, John and Christina N Goletz. 2004. Clemens Family Corporation (C): Post Transition (August 2001). Case 5-104-012(C) (KEL117).
Ward, John and Carol Adler Zsolnay. 2007. Freedom Communications, Inc: Family Enterprise or Liquidity?. Case 5-307-504 (KEL339).
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. 2017. What's in a Family Legacy? Balancing Family Emotions and Business Growth at Luse Holdings. Case 5-416-758 (KEL994).
Ward, John and Carol Adler Zsolnay. 2005. Thomas Mann’s Buddenbrooks: The Decline of a Family. Case 7-404-750 (KEL284).
Ward, John, Carol Adler Zsolnay and Sachin Waikar. 2017. A Diamond in the Rough: J. M. Huber and the PATH Business. Case 5-416-757 (KE1002).
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. 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. mor>e >


Executive Education
Governing Family Enterprises

Join peers from leading family-run organizations to learn how family governance can help sustain business continuity, family unity and commitment. Come away equipped and energized to realize your vision for the future of your family enterprise with confidence.


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Leading Family Enterprises

For both established and aspiring leaders of a family-owned business, this program focuses on how to lead the family and the enterprise, manage the strategic and personal pressures inherent in such complex entities and strike an optimal balance between family and work obligations.


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