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Management of Family Business

Management of Family Business
115-0601/01
čeština

Summary

The course highlights the unique position of family businesses, which make a major contribution to GDP and employment. The issues of this type of business are more extensive and complex compared to non-family businesses.
The aim of the course is to combine and complement knowledge from other economic and management subjects to create an overview of the activities of the manager and owner of a family business, focusing on its specificities.
The student will be able to start a business in the form of a family trademan and a family business in the form of a limited liability company.
The position of the family business and the related issues of the role and responsibility of the owners, the model of family business management including rules and documents, the involvement of non-family members in the management, the preparation of a successful handover of the business to the next generation or balancing the connection between the family and the business are emphasized.

Literature

DE MASSIS, Alfredo a KAMMERLANDER, Nadine. Handbook of qualitative research methods for family business. Cheltenham, UK: Edward Elgar Publishing, 2020. ISBN 978-1-78811-644-2.
ISAAC, George A. Your Business, Your Family, Your Legacy: Building A Multigenerational Family Business That Lasts. Scotts Valley, CA: Createspace Independent Publishing Platform. 2020. ISBN 978-1-98679-678-1.
POWELL, Meridith E. a KELLY, Mary C. Who Comes Next?: Leadership Succession Planning Made Easy. Shippensburg, PA: Sound Wisdom, 2022. ISBN 978-16-4095-388-8 .

Advised literature

FRANCO, Paul. Success with Succession: How to Sell Your Asset Management and Financial Advice Practice. Austin, TX: Lioncrest, 2024. ISBN 978-1544545028 .
MITCHELL – BLITCH, Melissa. In the Company of Family: How to Thrive When Business Is Personal. Charleston, CA: Eredita Consulting. 2020. ISBN 978-0578761459 .
ROTHWELL, William. Effective Succession Planning: Ensuring Leadership Continuity and Building Talent from Within. 4th ed. New York: AMACOM, 2023. ISBN 978-1400232420 .


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Language of instruction čeština
Code 115-0601
Abbreviation MRP
Course title Management of Family Business
Coordinating department Department of Management
Course coordinator doc. Ing. Marie Mikušová, Ph.D.