Family Business (18BBA80285)

General information

Type:	OP	Curs:	3	Period:	S semester
ECTS Credits:	2 ECTS

Teaching Staff:

Group	Teacher	Department	Language
Ed: 1	Maria Jose Parada Balderrama	Dirección General y Estrategia	ENG

Group	Teacher	Department	Language
Ed: 2	Maria Jose Parada Balderrama	Dirección General y Estrategia	ENG

The structure and workload of the sessions will vary according to the content. The methodology includes theoretical presentations, group discussions, role plays, films, written cases. The course is based on the book :Family Business Models (see selected literature). The different sessions will require previous preparation. The sessions will be prepared in groups. At the end of the course students will do a field work. The first day groups of four to five people will be created. These groups will be the same for all assignments throughout the course, except for the final assignment which is individual. Groups are expected to attend to class with the assignments previously prepared and ready to work and discuss them during the lecture. The groups are the operational work units which allow a fluid and agile participation and discussion.

Family businesses are, by far, the dominant form of organization around the world. They range from SME's to large multinational groups.
Family businesses are idiosyncratic and show specific behaviors due to their overlapping family and business systems as well as to their specific characteristics. These behaviors may lead to competitive advantages and also to issues that need to be managed.
BBA students that belong to family businesses need to understand how their family businesses behave and how they should manage their family businesses to be sustainable over time. BBA students who do not belong to a family businesses may end up working in a family business as managers or CEOs, therefore, they need to understand the dynamics of the family business in order to effectively manage a family business.
The course will give the students the mindsets and frameworks to understand family businesses and tools to manage them.
In concrete the students will be able to:
- Understand the family-business dynamics
- To understand specific management tools for managing the complexity of family businesses
- To use the tools of family- business management

Course Textbook:
Gimeno, A; Baulenas, G. & Comacros, J: (2010) Family business Models: practical solution for the business family, Palgrave MacMillan, London.

Required readings:
The required readings that will be used throughout the course will be posted in the syllabus which comprise: book chapters and articles related to the topics of the course.

Additional suggested books:
Gersick K. E.; Davis J. A.; Hampton, M. M.; Lansberg, I. 1997. Generation to generation : life cycles of the family business: Boston, Mass. : Harvard Business School Press
Lansberg, I. 1999. Succeeding generations : realizing the dream of families in business. Harvard Business School Press
Miller, D. y Le Breton-Miller, I (2005) Managing For The Long Run: Lessons In Competitive Advantage From Great Family Businesses. Boston Harvard Business School Press

Group	Teacher	Department
Ed: 1	Maria Jose Parada Balderrama	Dirección General y Estrategia

Group	Teacher	Department
Ed: 2	Maria Jose Parada Balderrama	Dirección General y Estrategia