for Family Business Entrepreneurs
Management, Dynamics & Protection of Family Businesses
- Duration: 5 days
- Language: German
Family businesses play a central role in the national economy of any country. They appear in many different sizes and organizational forms, ranging from small and middle-sized companies to multinational corporations.
But what sets the family business apart from a non-family business? The main difference is that the management of a family business is to a large degree influenced by family dynamics. The family system is shaped by emotions, familial needs, or continuous dependability, whereas the business system is dominated by daily business, performance, and aspects of demand and competition. In family-owned businesses, the two systems are inextricably linked.
Course Goals & Benefits
Course participants are provided with an opportunity to actively engage in the important tasks of systematically planning and developing a family business strategy and to implement respective activities.
After completion of the Family Business certificate course, students are
- able to identify the characteristics of family businesses along with the internal and external demands on the family, current family owner and future family owner, different stakeholders, and organizational structure;
- equipped with applied knowledge of successful strategies for the management of crisis situations related to the overall structure;
- qualified to analyze and systematically manage new challenges and conflicts concerning all stakeholders of the company by applying appropriate methods and instruments according to the latest scientific standards.