Prairie Family Business Hosts North Dakota Forum

Image Prairie Family Business Moorhead 2016 North Dakota Family Business Forum at Concordia College in Moorhead, Minnesota, hosted by Prairie Family Business Association.

MOORHEAD, Minn. -- The Prairie Family Business Association recently hosted its annual North Dakota Family Business Forum at Concordia College in Moorhead, Minnesota, which was attended by 95 family business leaders and family business advisors.

The presentations:

  • Featured keynote speaker Phil Clemens presented the seven destructive traps of family business and described steps to avoid these pitfalls.
  • Carolyn Thompson, founder of Thompson Law, went over how and why to do succession planning and gave a testimony about how she did it for her own business.
  • Julie Peterson Klein, EVP/chief culture officer at Bell Bank, presented the culture and philosophy the bank carries out each day.
  • The husband and wife team of Ciara and Jim Stockeland talked about their business, MODE Fashion Retailers, and how they have succeeded by being intentional about their business planning and their approach to daily family life.

“The North Dakota Family Business Forum is an opportunity for regional family business leaders and advisors to come together for a day of learning. Attendees learned how to plan for success in their current generation of family leaders and how to best prepare for the next generation,” said Stephanie Larscheid, executive director of Prairie Family Business Association. “Attendees left equipped with information and action for their next family meeting, board meeting or executive team meeting.”

If you are interested in the next North Dakota Family Business Forum in 2017, email

Prairie Family Business Association was founded in 1993 as a South Dakota family business initiative through the University of South Dakota Beacom School of Business with the mission of enhancing the long-term survival and success of its family business members.


USD's Beacom School of Business was established in 1927 and has been accredited by the Association to Advance Collegiate Schools of Business (AACSB) since 1949. The leading business school in the region, Beacom’s programs are consistently ranked among the top business schools in the nation by Princeton Review, U.S. News & World Report and others for its high-quality learning experience, student success, affordability, and high-caliber of faculty and students. Whether a student chooses face-to-face or online courses, Beacom’s programs emphasize real-world experience through professional organizations, quality internships and capstone projects.


Founded in 1862 and the first university in the Dakotas, the University of South Dakota is the only public liberal arts university in the state, with 205 undergraduate and 73 graduate programs in the College of Arts & Sciences, School of Education, School of Law, Sanford School of Medicine, School of Health Sciences, Beacom School of Business and College of Fine Arts. With an enrollment of nearly 10,000 students and more than 400 faculty, USD has a 17:1 student/faculty ratio, and it ranks among the best in academics and affordability. USD’s 17 athletic programs compete at the NCAA Division I level.


Michael Ewald
USD News