Description

Trends in family businesses – Navigating through changes and challenges

Family businesses today face a multitude of challenges and trends that influence their long-term development. In this course, Prof. Dr. Arnold Weissman teaches in four lessons how family businesses can deal with the current changes in the business landscape. The course covers key topics such as collective ownership, the appointment of family and external managers, the importance of core values and family governance, as well as the independence of the next generation and diversity.

Another key issue is wealth accumulation and the transfer of social capital. Family businesses must learn to divide ownership fairly, resolve conflicts between owners and managersand at the same time preserve corporate values in a rapidly changing world. It also discusses how to promote the independence of the next generation, why diversity plays an increasingly important role and how social capital can be successfully transferred across generations.

Core content of the course:

• The challenges of collective ownership and the fair distribution of property

• Dealing with conflicts between owners and managers and the importance of clear family governance

• Promoting the independence of the next generation and integrating diversity

• Strategies for successful wealth accumulation and the transfer of social capital

• How family businesses can preserve their core values and secure the transition to the next generation

In these four lessons, you will learn practical approaches and solutions for understanding the most important trends and implementing them successfully in your family business.

Use this course to prepare your family business for the future and successfully master the challenges of the next generation.