Purpose of the Course: In collaboration with Jönköping University, CeFEO this course is designed to provide next-generation family business owners with a comprehensive understanding of the complexities and dynamics of family-operated businesses. It focuses on equipping participants with the knowledge to effectively manage and sustain their family's legacy in a rapidly evolving business environment.
What You Will Learn: Participants will gain insights into key aspects of family business management, including governance, sustainability, and strategic planning. The course emphasizes developing skills necessary for successful transgenerational entrepreneurship and effective succession planning. The course offers a holistic understanding of family business management. It covers essential topics such as the distinct characteristics and challenges of family-owned businesses, the role of family members in the business, and the impact of these businesses on the wider economy. The course also delves into governance structures specific to family enterprises, discussing how to create effective and sustainable frameworks. Participants will learn about the importance of innovation and adaptability in ensuring the long-term success of the business. Succession planning, a key component of family business continuity, is explored in depth, equipping participants with strategies to manage this complex process.
Who It Is For: This course is intended for next-generation members of family businesses who are currently enrolled in their university studies. Participants are in the age group 18-30 and are seeking a deeper understanding of their role and the challenges they may face in the family business context. It is suitable for those who aspire to contribute to the long-term success and sustainability of their family business.
What You Get From It: Completing this course provides practical knowledge and skills pertinent to family business management and awards 7.5 academic credits at the bachelor level, contributing to the participants' educational and professional development. The course provides a foundation for effectively managing and leading a family business, emphasizing strategies for sustainable growth, innovation, and successful generational transitions. Participants will leave with a comprehensive overview of the unique challenges of family business.
7.5 academic credits: This course is offered as a Bachelor’s course in Business Administration, and it is delivered by Jönköping International Business School, Jönköping University (Sweden). After successfully completing the course, university students can apply to their schools to have 7.5 elective credits registered in their education programs in business, economics, or management. The course syllabus can be downloaded from here (https://ju.se/sitevision/proxy/studera/valj-utbildning/kurser.html/svid12_737040d616f18ef66a83f/-258478183/en/course_syllabuses/JFBG13.pdf?revision=1,000)
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