30276 - FAMILY BUSINESS STRATEGIES
CLEAM - CLEF - CLEACC - BESS-CLES - BIEMF
Department of Management and Technology
Course taught in English
Go to class group/s: 31
CLEAM (6 credits - II sem. - OP | SECS-P/07) - CLEF (6 credits - II sem. - OP | SECS-P/07) - CLEACC (6 credits - II sem. - OP | SECS-P/07) - BESS-CLES (6 credits - II sem. - OP | SECS-P/07) - BIEMF (6 credits - II sem. - OP | SECS-P/07)
Course Director:
CARLO SALVATO
CARLO SALVATO
Course Objectives
OBJECTIVES: This course aims at developing students’ skills in analyzing the specific features of family firms, in assessing their key problems and opportunities, and in creatively proposing strategic, organizational and governance solutions. The course is targeted to the next generation of members of controlling-families, and to all those students who may be willing to start their career in a family or private firm, or to become consultants and advisors to family firms. The course is targeted in particular to developing each participant’s leadership skills in introducing entrepreneurial innovations in established organizational contexts such as family firms, and in contributing to their renewal and competitive success.
APPROACH: This highly interactive course includes active simulations, role plays, videos, guest lectures and real-case discussions. There is no mid-term or final exam. The evaluation is mainly grounded on the development (individually or in couples) of a teaching case (similar to those discussed in class) or of an academic paper (similar to the Bachelor’s Final Paper). The teaching case or academic paper is autonomously selected by the student (or couple of students). Drafts of sections of the case/paper are presented and discussed in class throughout the course, to facilitate their gradual development. The best teaching cases developed by students may be used for discussion in subsequent years. Academic papers may become the starting point for developing the student’s Final Paper.
Course Content Summary
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Family firms: key features and presence in Italy and other countries
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Key values and principles behind the success of the family-firm system
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Strategic management in family firms
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Strategic choices of family firms: growth, internationalization, acquisitions, external financing
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Strategy and structure: the role of non-family managers
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Strategy and structure: the role of boards of directors and of independent board members
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Training future leaders
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Succession in leadership positions
Detailed Description of Assessment Methods
Attending students
There is no final class exam for students attending this course. The assessment is based on:
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70%: development (individual or in couple) of a teaching case OR of an academic paper;
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30%: individual class participation and short individual assignments.
Non-attending students
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100% final written exam in class based uniquely on the two indicated textbooks.
Textbooks
Attending students
- G. CORBETTA, C.SALVATO, Strategies for Longevity in Family Firms. A European Perspective, Palgrave Macmillan, 2012.
Non attending students
- G. CORBETTA, C.SALVATO, Strategies for Longevity in Family Firms. A European Perspective, Palgrave Macmillan, 2012.
- E.J. POZA, Family business, 3rd Edition, South Western, CENGAGE, 2010.
Last change 15/05/2013 17:09