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Professional Course

Managing Family Businesses for Sustained Success

edX, Online
Length
5 weeks
Price
149 USD
Next course start
Start anytime See details
Delivery
Self-paced Online
Length
5 weeks
Price
149 USD
Next course start
Start anytime See details
Delivery
Self-paced Online
Visit this course's homepage on the provider's site to learn more or book!

Course description

Managing Family Businesses for Sustained Success

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.

Upcoming start dates

1 start date available

Start anytime

  • Self-paced Online
  • Online
  • English

Who should attend?

Prerequisites

Learner should have keen interest in family businesses.

Course delivery details

This course is offered through Indian Institute of Management Bangalore, a partner institute of EdX.

2-3 hours per week

Costs

  • Verified Track -$149
  • Audit Track - Free

Certification / Credits

What you’ll learn:

  • The characteristic features, strengths and weaknesses of a family firm
  • Strategic challenges in family firms and solutions
  • Typical governance challenges and mechanisms to overcome the same
  • Different types of succession options and their implementation
  • Professional management of family firms
  • Causes of conflict in family businesses and techniques to ensure harmony among all stakeholders within the firm and the family

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edX

edX For Business helps leading companies upskill their labor forces by making the world’s greatest educational resources available to learners across a wide variety of in-demand fields. edX For Business delivers high-quality corporate eLearning to train and engage your employees...

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