Objectives and competences
In this course students:
1. Understand developmental specifics of family business and differences in comparison to nonfamily business..
2. Gain the ability to apply their theoretical knowledge in practice in the field of family relationships and conflicts, family values and interests, succession process and succession problems.
3. Acquire governance and managerial approach to analysis of the role of family relationships and conflicts, family values and interests as well as succession problems in family businesses.
Content (Syllabus outline)
1.Family business definition and characteristics
2.The role and importance of family enterprises for economy and society
3. Family in a family business
5. Succession:
– succession as the developmental challenge
- developmental models of a family business
– succession in ownership and management
– supporting infrastructure for family businesses in solving succession issues
Learning and teaching methods
- lectures
- brainstorming, case studies, team work
- active individual and group work
Intended learning outcomes - knowledge and understanding
Development of knowledge and understanding:
1. Acquire specific knowledge in the field of family businesses succession and with this closely linked governance and management.
2. Have a detailed knowledge of theories in the field of family role, family values and interests, family relationships and conflicts in family businesses, succession process and succession solutions.
3. Are able to pursue further analysis regarding family businessess’ succession.
4. Can demonstrate awareness of wider social and environmental ethical issues in areas of family businesses management and succession.
Intended learning outcomes - transferable/key skills and other attributes
Cognitive/Intellectual skills:
1. Can apply critical analysis of data in solving real professional problems, with minimum guidance.
2. Get the ability to search for and synthesize new information from the field of family business management and succession in literature and praxis.
3. Synthesize different knowledge and procedures and are aware of importance of use of professional literature.
4. Can select appropriate techniques for problem solving and are able to evaluate the importance and significance of data.
Key/Transferable skills
1. Further develop skills and expertise in the use of knowledge in a specific working area.
2. Upgrade the ability to become an autonomous learner.
3. Upgrade the ability to apply information technology.
4. Upgrade the ability to work in pairs and groups.
5. Further develop their communication skills in an effective manner to effectively and professionally communicate.
Practical skills:
1. Get practical experience to act relatively autonomously in the field of family business succession.
Readings
Obvezni:
Duh, M., Primec, A. (2022). Strateški in pravni vidiki nasledstva družinskega podjetja. Ljubljana: GV Založba. (str. 13-47, 63-121,147-159)
Močnik, D., Duh, M., Crnogaj, K. (2019). Slovenska podjetniška demografija in prenos podjetij: slovenski podjetniški observatorij 2018, (Slovenski podjetniški observatorij). Maribor: Univerzitetna založba Univerze, strani: 81-116.
Dodatni:
Duh, M. (2011). Dinamični pogled na družinsko podjetje skozi razvojne modele. V D. Boršič & T. Štrukelj (Ured.), Izzivi gospodarstva na začetku novega desetletja (str. 79-93). SEP-Sodobna ekonomija in poslovanje. Maribor: EPF.
Duh, M. (2012). Family businesses: the extensiveness of succession problems and possible solutions. V T. Burger-Helmchen (Ured.), Entrepreneurship - gender, geographies and social context (str. 209-234). Rijeka: InTech.
Gersick, K.E. in soavtorji (1997). Generation to Generation. Life Cycles of the Family Business. Harvard Business School Press.
Klein, S. (2000). Familienunternehmen. Theoretische und empirische Grundlagen. Wiesbaden: Gabler Verlag..
Additional information on implementation and assessment Type (examination, oral, coursework, project):
- Written examination.
- Student can compensate written examination by two partial written examination (up to 60%) and active work in class (up to 40%).
