FAMILY BUSINESS (4 Credits)

Learning Outcomes:

1. Explain the fundamental concepts, dynamics, and unique characteristics of family businesses, including ownership structures, governance models, and socioemotional wealth
2. Apply innovative strategies and sustainable business models for family businesses, addressing challenges in succession, conflict resolution, and human resource management.
3. Develop risk analysis frameworks and governance tools to support strategic decision-making in family businesses, particularly in contexts of ownership design, internationalization
4. Ability to articulate sustainable internal development strategies for family business longevity, integrating succession planning, innovation management, and preservation of socio

Topics:

1. Approaching the Concept of Family Business
2. Family Business Dynamics: Individual Needs, Goals, Expectations, and Emotions.
3. Interpersonal Relationships and Communication in Family Businesses.
4. Conflict, Conflict Management, and Communication.
5. Human Resource Management in Family Businesses
6. Strategic and Financial Management in Family Businesses
7. Ownership Governance in Family Business
8. Business Governance in Family Business
9. Family Governance in Family Business
10. Ownership, Governance, and Management Succession
11. The Incumbent Generation in Family Business Succession
12. The Next Generation in Family Business Succession
13. Internationalization of Family Businesses