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MGMT 419 Succession & Transfer of Power in Family Business Select Term:
Majority of companies in economy are Family Businesses. However, current estimates hint that only 13% of family businesses can continue their operation at third generation, mostly due to problems experienced during Succession & Transfer of Power. Making a successful take-off for next generation is critical in sustainability of family businesses. The goal of this course is to examine the elements of Succession & Transfer of Power in Family Business environment. Also, after taking charge; next generation members are generally having a challenge of re-energizing entrepreneurial spirit of company. Issues related with entrepreneurship will be discussed. There will be guests from family businesses to support class discussions with the kind help of TAIDER.
SU Credits : 3.000
ECTS Credit : 6.000
Prerequisite : Undergraduate level MGMT 418 Minimum Grade of D
Corequisite : -