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Amy Schuman

Family Business Consulting Group Inc., Chicago

A principal consultant of The Family Business Consulting Group, Amy Schuman supports family businesses seeking to maximize success and strength in their families and businesses. For more than 20 years, Schuman has worked with hundreds of families, helping them implement the systems, structures and relationships needed to be effective stewards of their enterprise. Many clients come to Schuman early in their planning process, and she works closely with family members, owners, non-family executives and trusted advisors to facilitate a big picture, long-term strategy for successful continuity. In other cases, the family, owners and/or business are facing a difficult circumstance, even a crisis. In these cases, Schuman has the experience and knowledge, working with those involved, to chart a path through the tough issues and get to a place where a more strategic, long-term and less emotional approach can be crafted and implemented.

Schuman has worked with complex family businesses, large and small, throughout North America and abroad. She has helped families create family councils, ownership councils, boards of directors, constitutions, policies and guidelines, family education, team building, and many other useful tools and techniques. Rather than following one set consulting approach, Schuman sees each family and business as individual and adapts her approach to the unique needs and opportunities of each client.

As founding facilitator of the Next Generation Leadership Institute at the Chicago Loyola University Family Business Center (1996 - 2006) Schuman coached young men and women to assume leadership positions in their family business. Schuman also founded and facilitated Loyola's first Peer Advisory Group for Women and taught group process and facilitation skills in Loyola's Family Business Communication Institute.

Before joining The Family Business Consulting Group (1983-1996), Schuman served as a key non-family executive in a fourth-generation automotive manufacturer (Fel-Pro Inc.). She directed organization development, leadership development and total quality management efforts for the firm and helped develop the award winning corporate culture that led the company to be named to the Top 10 of the 100 Best Companies to Work for in America. At Fel-Pro, Schuman experienced firsthand the power of family ownership values and vision creating powerful competitive advantage for the business as well as an enduring source of strength and harmony for the family.

Schuman is adjunct lecturer at the Center for Family Enterprise, Kellogg School of Business at Northwestern University. She has presented at many family business centers throughout the U.S., Europe, Asia and Latin America, as well as presenting for YPO and WPO events, the Family Firm Institute and the Family Business Network across the globe.

Schuman is the co-author of several family business books, including Human Resources in the Family Business: Maximizing the Power of Your People, Family Education for Business Owning Families and Family Business as Paradox.

Schuman and her husband live in Evanston and have three adult children and two brilliant grandchildren. Schuman as been active in several Chicago nonprofit organizationss throughout the years, notably Curts Café and Uptown Café.

  • Managing Family Business Paradoxes
  • Designing and Implementing Governance Frameworks
  • Communication & Conflict Resolution
  • Next Generation Development
  • Leadership Development and Coaching
  • Succession & Continuity Planning
  • Team Building

Schuman has a B.A. in Psychology from Oberlin College and earned her MBA at The Kellogg School of Management at Northwestern University. She is experienced in a variety of 360, communications and personal development tools, and has completed the Center for Conflict Resolution's 40-hour Performance-Based Mediation Skills Training.

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