Professor Sharon M. Danes has been inducted into the International Family Enterprise Research Academy as a fellow. This special honor is in recognition of Professor Danes’s contributions to the family business field over the years in the area of family systems and rigorous modeling of family constructs in studies of business families. In 2011 Professor Danes was chosen to present the keynote address at the 11th IFERA Annual Conference in Palermo, Sicily, entitled, “Family Constructs in Family Business Research: Present and Future”.