Family Management: Governance, Management, and Legacy. Discover how to manage and plan for the future of your family business.
Suggested by: Coursera (What is Coursera?)
No prior knowledge required
No unnecessary risks
The coexistence of family and business, contrary to popular belief, is an excellent combination for success. Family businesses form the basis of the global economy, have a higher survival rate and provide better results in the long run. But there are certain risks that must be managed correctly.
In this specialization, we will analyze the complexities of the family business and provide tips for successful management. We will introduce conceptual frameworks, management tools, and change tools that will help you lead the management, institutional, and continuity processes of your company.
During the internship, you will carry out three projects, one at the end of each MOOC, related to your family business or a close family business.
Welcome!
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10 hours
4.7 (146 ratings)
Family businesses account for more than 50% of global wealth, and they play an important role in job creation, innovation, and development in all societies. In this course, we will learn to read the big picture of a family organization and how to evaluate it.
The course is designed to help you understand the complexities of managing family businesses due to the dynamics created by the overlap between business and family. The course provides tools that enable you to lead a family organization while dealing with the growing complexity of family management.
This course will provide a foundation for understanding the family business from a systemic, i.e., holistic, approach.
If you are interested in delving deeper into more specific topics, we recommend moving on to the second course , “Family Business Models: From the Captain to a Group of Investors” .
Course 2
7 hours
4.7 (56 ratings)
In this course, we will delve into the analysis of a family business. Using the theory of ‘Family Business Models’ created by Professor Alberto Gimeno Sandig, we will learn to identify the different models of a family business.
We will talk about the importance of the family owning the business and how management teams can develop skills and increase their qualifications.
The course is a continuation of the course “Experience in Management in a Family Business” link to the course .
Course 3
6 hours
4.5 (30 ratings)
In the third and final course in the series, we will begin to delve deeper into the analysis of a business family, distinguishing between the conservative and entrepreneurial models, as well as between its individualistic and communal culture.
We will continue to discuss the concept of time in the family business, and link it to changes in values and transformation processes.