إدارة الأعمال العائلية
|#||Course Name||Credit Hrs||Prerequisite|
|BUS 636||Managing Family Business||3||None|
The course is designed to help students better understand the evolution, concept and emergence of family businesses through field visits, case-based analysis and discussion with family business owners. The course covers a wide variety of topics in family businesses like, career planning, ethics, governance, succession and strategic planning, professional support relationships, and survival skills as a son or daughter in a family business. Students will get insights into the past, present and future of family businesses, not only in Saudi Arabia, but globally.
After completing this course, the student will be able to:
- Discuss the unique aspects of the family business and its social, economic contribution in Saudi Arabia and the world.
- Illustrate the challenges and opportunities in family businesses.
- Discuss how family businesses are governed and managed.
- Recognize the unique challenges, strengths and weaknesses of family businesses.
- Review succession planning in family businesses, and its various risk factors.
- Outline how to prepare for and implement change in family businesses.
- Compare and contrast the various analytical tools and techniques to deal with various family business issues.
- Prevalence of family businesses in the United States, Europe, Asia-Pacific and the Middle East.
- Strengths and weaknesses of family businesses
- Governance of family businesses
- Corporate Governance and family businesses
- Strategic Management in family businesses
- Succession in family businesses
- Factors which discourage and motivate family successors from joining
- How to plan the transition of responsibilities
- Change &adaption in family businesses
- Upholding change and entrepreneurship
- Parallel control of several businesses and limited diversification
- Decision making in family businesses
Poza, E. J. (2014) Family Business. 4th Edition. Ohio, Cengage publications.
Carlock, R.S. and Ward, J.L. (2001). Strategic planning for the family business: Parallel planning to unify the family and business. London: Palgrave. SECTION 1 – PDF Handout (BB)