To introduce students to the importance of family businesses and the specificities in the field of strategic planning and management, organizational design, and growth and development that arise from the connection between ownership, management, and control as key dimensions of family businesses.
1. The importance of family businesses
2. Family involvement in the operations of family businesses
3. Strategic planning in family businesses
4. Aligning goals and managing conflicts in family businesses
5. Culture and management in family businesses
6. Decision-making in family businesses
7. Development model of family businesses
8. The life cycle of families and family businesses
9. New generations and succession in family businesses
10. Other models of business transfer of (family) businesses.
After completing the course, the student will be able to:
1. distinguish the specificities of family versus non-family businesses
2. identify problems in family businesses characteristic of individual phases in the family business development model
3. assess the readiness of the family business for the transition to the next generation
