Syllabus

Course Code: ED-304    Course Name: Specialisation- G: ENTREPRENEURSHIP DEVELOPMENT - Family Business Management

MODULE NO / UNIT COURSE SYLLABUS CONTENTS OF MODULE NOTES
1 Family Business: nature, importance and uniqueness of family business; families in business: building trust and commitment (through case discussion); ownership of an enterprise build to last including assessment of different forms of business organizations: Sole Proprietorship, Partnership, LLP, Joint Stock Companies, HUF and OPC. Leadership imperatives for family and business: succession and continuity power. Best practices for the management and governance of family business: creating the strategy; planning the estate. Financial considerations and valuation of family business; family business governance: Advisory boards and board of directors. Family communication: family meetings, family councils and family offices; change, adaptation and innovation: the future of family business.
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