Description

This course highlights the challenges of family businesses that integrate both family and entrepreneurial systems. While family values such as cohesion and long-term thinking dominate, entrepreneurial systems focus on economic goals such as profitability and strategic excellence. The four-circle model helpsto clearly differentiate the roles of family, shareholders, managers and founding partners, which minimizes conflicts and creates stable structures.

At the end, participants learn how to combinethe knowledge gained in an entrepreneurial cockpitto determine the 15 most important key figures that focuson return, growth, risk and liquidity. A balance of these variables leads to a stable company value and sustainable future viability.

Learning objectives:

• Four-circle model: understanding how clear roles in the family business prevent conflicts.

• Family values: Integrating family values into the corporate strategy.

• Stable structures: Building stable corporate structures that take into account both family and business needs.

• Key figures in the cockpit: Determination of the most important key figures and balance between return, growth, risk and liquidity.

• Future viability: Ensuring the long-term stability and sustainability of the company.

This course is aimed at managers, shareholders and family members who are looking for structured and sustainable company management.