Checking date: 04/06/2021


Course: 2021/2022

Family business management
(13206)
Study: Bachelor in Business Administration (204)


Coordinating teacher: MUÑOZ BULLON, FERNANDO

Department assigned to the subject: Department of Business Administration

Type: Electives
ECTS Credits: 6.0 ECTS

Course:
Semester:




Requirements (Subjects that are assumed to be known)
Essentials of Business Management
Objectives
Knowledge-based competences: - To acquire an in-depth knowledge of family-owned or controlled firms, with special emphasis on their idiosyncrasies. - To provide appropriate tools to exploit the specific competitive advantages of family firms - To resolve the challenges inherent in family firms. - To become acquainted with the specific characteristics of family firm management bodies and the use of the family agreement. Skills: - Capacity to advise and manage family firms. - Ability to tackle family firms specific subjects, such as succession, professionalization, financing, etc. - To develop managerial and leadership skills in organisations where both family and business interests may be involved. Attitudes: - To understand and be able to take decisions when faced with situations that are specific to family firms. - To awaken an interest in developing a career path in a family firm, bearing in mind the importance that these companies have in the industrial fabric of today's economies.
Skills and learning outcomes
Description of contents: programme
1. Family business concept 2. Strengths and weaknesses of family business 3. Governance in the family business 4. Continuity of family business. Generational renewal. 5. Family charter 6. Strategic management in the family business 7. Human resources in a family business: Relationships and conflict
Learning activities and methodology
Students who will be tomorrow company managers or even owners of family firms, must understand the idiosyncrasies of these organisations. To achieve this, the course will be based on the following methodology: - Classes and lectures explaining the course contents and assignments. - Practical classes based on the case study method and discussions - Final project, devoted to the analysis of a specific family firm or a family business owner.
Assessment System
  • % end-of-term-examination 60
  • % of continuous assessment (assigments, laboratory, practicals...) 40
Calendar of Continuous assessment
Basic Bibliography
  • De Massis, A. & Kammerlander, N.. Handbook of Qualitative Research Methods for Family Business. Edwear Elgar. 2019
  • Kammerlander, Nadine y De Massis, Alfredo. Handbook of Qualitative Research Methods for Family Business. Edward Elgar. 2019
  • Zellweger, T.. Managing the family business. Theory and practice. Edward Elgar. 2017
Additional Bibliography
  • Aronoff, C.E., MClure, S.L., & Ward, J.L. . Family business governance: Maximizing family and business potential.. Famiy Business Consulting Group. 1996
  • Corbetta, G. & Salvato, C.. Strategies for longevity in family firms: A European perspective.. Palgrave. 2018
  • Craig, J. and Moores, K.. Leading a family business: Best practices for long-term stewardship.. Praeger. 2017
  • De Massis, A; Kammerlander, N.. Handbook of Qualitative Research Methods for Family Business. Edward Elgar. 2020
  • Fletcher, D.E.. Understanding the small family business. Routledge. 2002
  • Gersic, K. E., Davis, John A., McCollom, M. & Lansber, I.. Generation to Generation: Life Cycles of the Family. Harvard Business School Press. 1997
  • Kets de Vries, M.. Family Business. Thompson. 1996
  • Koeberle-Schimid, A., Kenyon-Rouvinez, D. & Poza, E.J.. Governance in the family enterprises. . New York: Palgrave Macmillan.. 2014
  • Mariotti, S. & Glackin, C.. Entrepreneurship and small business management. Pearson. 2012
  • Miller, D. & Le Breton-Miller, I.. Managing for the long run: Lessons in competitive advantage from great family business. Harvard Business School Press. 2005
  • Montemerlo, D.; Ward, John L. . The family constitution. Springer. 2011
  • Poza, E. & Daugherty, M.. Family business. South-Western/Cengage Learning Publishers. 2014
  • Rosplock, K.. The complete damily office handbook: A guide for affluent families and the advisors who serve them. Bloomberg Financial. 2013
  • Ward, John L.. Keeping the family business healthy. Jossey Bass management series. 1987

The course syllabus may change due academic events or other reasons.


More information: https://aplicaciones.uc3m.es/cpa/generaFicha?est=204&plan=395&asig=13206&idioma=1