Management
Hands on Training icon
Hands On Training
Hands on Training icon

Managing Family Businesses for Sustained Success

Course Cover
compare button icon

Course Features

icon

Duration

5 weeks

icon

Delivery Method

Online

icon

Available on

Limited Access

icon

Accessibility

Mobile, Desktop, Laptop

icon

Language

English

icon

Subtitles

English

icon

Level

Beginner

icon

Effort

3 hours per week

icon

Teaching Type

Self Paced

Course Description

Family Businesses are a dominant form of business across the globe and play a crucial role in the economic growth of a nation. However, managing a family business comes with its own unique set of challenges owing to the overlap of family emotions and business aspirations. While the strong hold of family members over the business may dampen the spirit of other members in management, the complex structure of the business evokes a negative public perception in general. Hence, managing family businesses requires a careful, considerate, tactful approach to maintain peaceful harmony among all the stakeholders.

This course brings together the insights from experienced family business practitioners, professional managers, and academics to address the challenges of family businesses in a pragmatic manner.

Join the course if you are a family business owner, soon-to-be owner (successor of a business), professional manager, or an inquisitive learner keenly interested in family businesses.

Course Overview

projects-img

International Faculty

projects-img

Post Course Interactions

projects-img

Instructor-Moderated Discussions

Skills You Will Gain

Prerequisites/Requirements

Learner should have keen interest in family businesses.

What You Will Learn

Causes of conflict in family businesses and techniques to ensure harmony among all stakeholders within the firm and the family

Different types of succession options and their implementation

Professional management of family firms

Strategic challenges in family firms and solutions

The characteristic features, strengths and weaknesses of a family firm

Typical governance challenges and mechanisms to overcome the same

Course Instructors

Author Image

Dalhia Mani

Faculty, Entrepreneurship Area at Indian Institute of Management Bangalore

Prof. Dalhia Mani teaches Entrepreneurship at IIM Bangalore. Dalhia’s research focuses on the networks of ownership ties between firms. She studies the extent to which patterns of ownership ties betw...
Author Image

Kumar K

Faculty, Entrepreneurship Area at Indian Institute of Management Bangalore

Prof. K Kumar is a faculty at IIM Bangalore. Before starting his teaching career at IIM Bangalore in 2001, he gained firsthand experience of being an entrepreneur by founding three companies. He has ...
Course Cover