Managing a Family Business – Workshop

Almost everyday, world economies and statistics indicate the dominant role of this form of entrepreneurship, i.e. ownership. Family enterprises generate between 50 – 75% of gross national product and thus strongly influence growth and development of their economies. On the other hand, the problematic transfer of management responsibilities and ownership between the first and the second generation will often result in disturbances, which will be felt not only by businesses that are closely connected to the business which is in transfer, but by at least 25% of all the other businesses. After the insight into the nature of the family enterprise and the model that describes mutual overlapping and functioning of three subsystems that comprise the family enterprise system, the course deals with the problem of defining the strategy, management in conditions of conflicting interests, and how to ensure generational continuity of the family business.