Transferring family business to new generation: processes, tools and practices

Understanding the complexity of family business

Business

List of dates

Course duration: 2 days (per 8 hours)

The course is targeted at family business owners or successors and highlights the following aspects:

  • The role of entrepreneur in transition process
  • Factors of success and factors of failure in transition
  • Helping the next generation develop successful dynamic business and cohesive family
  • Opening new conversation in your family business

Key benefits

The complexities and specificities of family businesses and how to manage them in order to achieve better competitive position without sacrifying family relations.


Who should attend?

Family business owners and their successors


Course content

Day 1

Understanding the complexity of family business

  • Business complexity
  • Family complexity
  • Building structures that deal with business complexity and family complexity


Family Business Management Tools (I)

  • Governance
  • Creating the right structure
  • Process of developing the structure
  • Communication
  • Having difficult conversation
  • Equility vs. difference
  • Collaboration vs. rivalry


Day 2

Family Business Management Tools (II)

  • Professionalisation
  • Levels of professionalization
  • Decision-making: analysis vs. intuition
  • Creating deliberate strategies
  • Building decentralized structures


Succession

  • Creating a family agreement
  • Next-Gen: explotation vs. exploration


Understanding your family business

  • Mindsets, their reflection and change
  • Taboos in family and in business
  • Where is your family business and which preditactable challenges to expect


Personal synthesis, insights and other elements for self-reflection and for opening a pleasant family conversation


Download course leaflet


Course lecturers

prof. Ing. Jiří Hnilica, Ph.D.

Head of Strategy department and the founder of the Center for Family Business at VŠE. He teaches Master course on Strategies of Family Businesses and leads the research project on the role of family business owners together with French EDHEC Business School.

prof. Alberto Gimeno

In addition to forming part of ESADE's Faculty, he is one of the founding partners of Family Business Knowledge (FBK), an applied research company in the field of the family business. FBK develops both management tools for the family business and studies on groups of family businesses. He likewise acts as consultant to business families.


Course supervisor


What is included in the price?

Certificate, course materials, lunch and refreshments

Do you need help?

Do you want to train more people from your company? Are the course dates not suitable for you?
We will be glad to prepare a tailored company training for your needs.

More information about tailored courses.