The objective of the course is to provide an understanding of family business management.
Defining family business; Why family businesses are special,
Family business dynamics: people, systems & growing
complexity, The family’s relationship with the business:
developing a strategic vision & building teamwork
The next generation: Human resource management and
leadership perspective, Getting help: making the most of outside
resources.
Professionalizing the boardroom: the role of balanced board of
directors Cousin companies: family governance in
multigenerational family firms.
Succession Planning: Managing succession: the leadership
challenge, Building financial security and relinquishing control,
Wealth management: family offices and philanthropy
Family Business Houses in India.
1. Peter Leach, Family Business: The Essentials, Profile Books Publications.
2. Jain, Rajesh, Chains that Liberate: Governance of Family Firms, Macmillan India Ltd.
3. Andrew Drake, Understanding Family Business: A Practical Guide for the Next Generation, Next Generation Publications.
4. Dutta, S. , Family Business in India, New Delhi: Response Books
5. Goode, W.J.. The Family. Second edition, Upper Saddle River,. Prentice-Hall.