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Family Business Management
MGMT 377: Gear up for any family business internship or job opportunity that crosses your path.
Intrigued by the intricate dynamics of family-owned enterprises? Immerse yourself in the intricacies of family business operations and expand your network of potential employers with this brand-new course.
Did you know family businesses make up a staggering 80% of enterprises worldwide? In the US alone, they contribute to 87% of the economy, with 32.4 million family businesses driving a GDP of $7.7 trillion and employing 83.3 million people!
Learn more about family businesses and gain a competitive advantage over fellow graduates as you embark on your job search post-graduation.
Course highlights
- Engaging lectures, assessments, and hands-on exercises.
- Fascinating case studies, including the renowned Follett Corporation case by Professor Katherine Sredl from Loyola University.
- Inspiring guest speakers sharing real-world experiences.
- Explore topics like conflict resolution, ethical decision-making, governance, succession planning, and more!
Why enroll
- Explore challenges in family business governance, leadership succession, and management.
- Gain insights into the interconnections of family dynamics and business strategies.
- Decode intricate dynamics among individuals, families, and businesses.
- Gain holistic understanding of family ownership systems and stakeholder perspectives.
- Discover essential planning and management processes for family harmony and business continuity.
- Uncover social and economic impacts of family businesses.
- Blend entrepreneurial spirit with professional management for organizational success.
Course info
Day: Thursdays
Time: 4:15 p.m. – 6:45 p.m.
Location: WTC (specific room to be confirmed)
Faculty:
Kathy McCauley, PhD, P.E.
McCauley Mechanical Construction, Inc.
President of a 4th Generation Company
Frequency:
Course takes place once a week in a seminar-style format
Prerequisite or corequisite:
MGMT 201: Managing People and Organizations