LS 143 Syllabus - COURSE SYLLABUS Course Number:...

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Unformatted text preview: COURSE SYLLABUS Course Number: L&S143 FAMILY BUSINESS MANAGEMENT Department of Leadership and Strategy Schedule: MWF 12:30-2:30, SOM 104 (Accelerated course) Instructor: Ricardo H. Mercado 1st Semester SY 2012-2013 Course Description: Family Businesses compose most of the businesses that operate in the country. The successes of these businesses contribute to the over-all economic health of the country. Understanding how family businesses are run including the dynamics of the family within the business add to the healthiness of the enterprise. This course will expose the students on the dynamics and communication issues in a family . The students will also learn leadership and relationships that are inherent in family businesses and how these intertwined in the ownership, governance and management of the family business. Ownership legacy, sibling rivalries, professionalism, succession, and strategic planning are some of the topics that will be covered in this course. Family businesses in the Asian context will be discussed in line with their successes and failures. It will present theoretical framework for understanding the family form of business organization and a practice perspective on consulting to family firms and/or working as a family member in a family business. Course Objectives: Develop a working knowledge in addressing concerns in management, governance and relational dynamics in family firms. Improve communication, family council meetings, conflict resolution and lead family members towards positive changes for the family and business. Importance of family constitution Learn parallel strategic planning for the family and business....
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