Minor in Management - Managing the Family Enterprise MGMT 3308   Managing the Family Enterprise
Managing the Family Enterprise is about the special problems and issues that confront family businesses. It explores the family system, the business system, the ownership system and their interactions - functional and dysfunctional. Specific topics, examined from the family business perspective, include: the decision to join a family firm, management succession, ownership succession, the role of key non-family employees, strategic planning and other issues especially relevant for family firms. The course also addresses conflict and communication in the family and business. The course has two purposes. First it provides an organized framework for students to understand the dynamics and special issues of family firms. Second it is designed to allow students to explore their interest in joining a family firm. Therefore, it is especially intended for students who come from families which are in business or for students considering joining a family business. Others who wish to explore a key segment of Canadian business are also welcome. The course relies on field projects, guest speakers, case studies, videos, research papers and extensive class discussion to explore the territory of managing family businesses.
FORMAT: Lecture
PREREQUISITES: MGMT 1101.03 and at least third year standing