By the end of this course, you will be able to
Identify the family business's meaning and the reasons for the family conflict. Then, discuss the family business challenges and explain the systems theory model.
Resolve the family business conflicts and develop a way for effective ownership for the successors. Then, you will learn to explain the reasons for succession problems.
Identify the members of the board of directors and family board members and then, you will learn to compare between the family business and business family.
Course details
- 2 h 20 m/24 lessons
- Last updated: 30/12/2022
- Course completion certificate
Course Content
Course Introduction
Introduction to Family Business
Why Family Businesses Outperform Others?
Course Introduction
Introduction to Family Business
Why Family Businesses Outperform Others?
Family Businesses Challenges
Family Dynamics
Conflict Resolution in Family Businesses
Securing Family Commitment
The Ownership Challenges
Developing Effective Ownership
Liquidity Plans
Estate Plan
The Succession Challenge
Role of the Spouse
Succession and the Transfer of Power
The Professionalism Challenge
The Governance Challenge
Symptoms of Lack of Governance
Family Business Governance Resolution
Family Business Governance Resolution
Documents
Assessing the Strategic Potential
Family Business vs. Business Family
Entrepreneurship in Family Business
Course Recap
About this course
Family businesses control more than 80% of the business sector worldwide. Therefore, this training course is prepared to help you learn about the way these companies are managed, what the challenges facing family businesses, how they can be encountered, the way to transfer management between different generations in a smooth and effective manner, and the formation of the family board of directors and the board of directors for companies.
Course requirements and prerequisites
There are no requirements for this course. Your interest in the topic and your commitment to learning are all you need to achieve the utmost benefit from this course.
Mentor
Ashraf Sheta
the founder and CEO of Ashraf Sheta for consultancy and training company
211 Learners
1 Course