Randel Carlock

Dr. Randel S. Carlock researches and teaches about entrepreneurship and family business based on his experience as a CEO, management professor, consultant and psychotherapist. He is the first Berghmans Lhoist Chaired Professor in Entrepreneurial Leadership and is the founder of the Wendel International Centre for Family Enterprise at INSEAD (Europe, Asia and Abu Dhabi) he directed from 2005 until 2009. He is co-directing the The Family Business Enterprise Challenge. 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, MN (USA).

Carlock has an MA in education and training (1976), an Executive MBA in strategic management (1983), and a Ph.D. (1991), all from the University of Minnesota. His doctoral dissertation explored the role of organization development in managing high growth entrepreneurial firms. He has also completed a post graduate certification in family and marriage therapy at the Institute of Psychiatry, King¹s College, University of London (1998) and a certificate in psychodynamic counseling at Birkbeck College, University of London (1999). He was awarded a Certificate in Family Business Advising with Fellow Status (2001) by the Family Firm Institute, Boston, MA (USA).

Carlock is author or co-author of several books, articles, chapters, and case studies including When Family Businesses are Best: The Parallel Planning Process for Family Harmony and Business Success with John L. Ward (Macmillan, 2010), Family Business on the Couch: A Psychological Perspective with Manfred Kets de Vries and Liz Florent (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). Carlock has also written chapters in two edited coaching books, Leadership Coaching in Family Businesses (2008)and Failure in Family Business Coaching (2010).

In 2008 Carlock received the Family Firm Institute International Achievement Award for furthering the understanding of family business issues through educational programs with the primary focus on the work of family businesses crossing international borders. An article ³Fair Process: Striving for Justice in Family Firms² (with L. Van der Heyden and C. Blondel) received the 2006 Family Business Network Research Award for the best-published research article on family business practice (Family Business Review, XVIII, (1), March 2005). The HP-Compaq Merger: A Battle for the Heart and Soul of a Company² (with Liz Florent) was awarded the 2005 IMD-European Foundation for Management Education Family Business Case Competition prize.

Carlock has 25 years of management and leadership experience serving first as an executive with a New York Stock Exchange family business, Dayton-Hudson (now Target Corporation) and as a CEO and Chairman of four companies he created including a NASDAQ listed corporation. He currently advises global business families and corporations specializing in Asia, Europe and the Middle East.

PUBLICATIONS

• CASE STUDIES - Can ABC Telecommunication Manufacturing Be Saved?
• CASE STUDIES - Family Governance: Organising a Family Meeting
• CASE STUDIES - Roger Levy and Ilapak: A Family Business Simulation - Participant’s Guide
• JOURNAL ARTICLES - Natural Selection - How to Choose the Best Board - Families in Business
• JOURNAL ARTICLES - Board Recognition and Reward - Families in Business
• CASE STUDIES - Legacy Advisors Ltd. - The Family Office: Building and Sustaining Value for Business Families
• BOOKS - Family Business on the Couch: A Psychological Perspective - Wiley
• BOOK CHAPTERS - Entry on Family Business - Sage

RESEARCH AREAS

Family Businesses: Global Business Strategy, Family Dynamics, Governance and the Development of the Next Generation. Entrepreneurial and Executive Leadership in Organisations. Consulting and Coaching

TEACHING AREAS

MBA Electives: Family Business Management and Entrepreneurial Leadership. Executive MBA Electives, Family Business Management and Entrepreneurial Leadership. Executive Education: Coaching and Consulting for Change, Family Enterprise Challenge, Entrepreneurial Leadership Program: Leading Privately-Owned Firms