Peter Drucker advised future leaders to prepare for entrepreneurship and innovation. What does this look like for family businesses? INSEAD’s Berghmans Lhoist Chaired Professor in Entrepreneurial Leadership Randel Carlock was the featured speaker for the third session in “The Drucker Difference and Your Family Business” seminar series. Carlock led attendees through a hands-on approach to understanding family entrepreneurial behavior and leadership across the founding, professionalizing, and sustaining stages of the family business life cycle.
“The Drucker Difference and Your Family Business” seminar series is sponsored by the Woody and Gayle Hunt Family Foundation. Thanks to the support from Foundation Chairman and Drucker School alumnus Woody L. Hunt (MA, Executive Management, ’89), the Drucker School Global Family Business Institute is empowered to further its mission to provide specialized support and resources for those leading family-owned and family-run businesses through this six-session interactive education series. Read more about how the Foundation’s generous grant is making an impact here.
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Randel Carlock is Berghmans Lhoist Chaired Emeritus Professor in Entrepreneurial Leadership and founding Director of the Wendel International Centre for Family Enterprise at INSEAD.
Randel is also a coach, family therapist, entrepreneur, and former CEO and Chairman of a NASDAQ listed company. Carlock’s passion for teaching and real-world experience as an entrepreneur helped him enter the new field of family business and serve as founding director of two university-based family business research centres, one in the U.S. and one at INSEAD in Asia, Europe, the Middle East and North America.
He holds MA, MBA, and PhD degrees and has done postgraduate training in family and marriage therapy at the Institute of Psychiatry, King’s College, and psychodynamic counseling at Birkbeck College, both in London. He also completed the Art and Practice of Leadership Development at Harvard University’s Kennedy School and Strategic Family Therapy Training at the Mental Research Institute in Palo Alto.
He is most proud of his books, written with outstanding colleagues: When Family Businesses are Best and Strategic Planning for the Family Business with John L. Ward and Family Business on the Couch with Manfred Kets de Vries. His latest book published in 2018, A Family Business on the Moon: 24 Activities to Plan your Family and Business Future, co-authored with Keng-Fun Loh, represents a completely new style of learning based on family communication driven by shared real-world experiences and two 360 online family assessments.
Carlock teaches EMBA, MBA, and MA courses, executive programs, and regularly delivers keynote speeches and workshops on family and business coaching, entrepreneurship, governance, leadership, psychology, and strategy. He advises business families and corporations in Africa, Asia, Australia/Oceania, Europe, the Middle East, and the Americas.
Katharina Pick is interim dean and clinical associate professor of organizational behavior at the Drucker School of Management. She teaches MBA and executive courses in Organizational Behavior and Theory, Leadership Development, Teams, Women in Leadership, and Design Thinking and the Creative Process. She also provides individual coaching for developing leaders across a variety of contexts including museum leadership and policing.
Pick’s research examines the internal group dynamics of corporate boards of directors with a particular focus on the psychology of board membership, speaking-up behavior, and board process in decision making and conflict resolution. Recently, she has written on the subject of boardroom dynamics and board leadership. Other research interests include gender and leadership, role negotiation and social identity in high-status groups, and sense-making and diffusion of deviant organizational behavior. She received her PhD in Organizational Behavior and MA in Sociology from Harvard University and holds an MSW from University of Southern California.