Atelier Entrepreneurship et family business
It’s well-known that family businesses are the predominant form of firms in the world, have longevity, incubate new business and create wealth contributing an estimated 70 to 90% of the global GDP. In Europe family enterprises represent 60 to 80% of existing companies, contribute around 50% of GPD and generate more than 60 million jobs in private sector. The family-owned businesses also have strong entrepreneurial activity over time and while they are similar to non-family enterprises in some respects, they are unique in others specifically by the significant influence of the controlling family on the creation, development, mode of growth, and exit of a business. Despite this significant level of entrepreneurial activity over time, family business management remains challenging, it is thus important to understand the unique dynamics challenge and opportunities available to these firms.
This course prepares students (1) to explore their interest in joining family enterprise and (2) to be effective managers and leaders of entrepreneurial family companies. The teaching methods include lecture, guest speakers, case studies, research papers, field research and extensive class discussion.
> Allow you to explore your interest in joining family enterprise as a family member that owns the business, or as supplier, a customer or an employee.
> Develop your understanding of the complexity related with the dynamic of family firms, the challenges facing family enterprises and the opportunities available to these firms.
> Enhance your ability to be more creative, effective managers and leaders knowing how to navigate, to address problem facing family business and to contribute in the development of sustainable entrepreneurial family firms.
Projets déjà traités
Fast Facts: Previous selected team for the Global Family Enterprise Case Competition (FECC) organized by the University of Vermont in USA were awarded with
• “Most Creative Graduate Team Award for Creative, Innovative, Unique Case Solutions and Delivery” respectively in 2015, 2016 and
• in 2017, one of the our competing team members was awarded with “5th Annual Family Enterprise Case Competition Collaboration Challenge Winner”.
In progress: The current cohort of team (2018) are still working on 4 existent cases of family business from which 2 are local region based and the other at international level. In addition, 2 cases are linked to two of our student family business.
Déroulement et organisation pratique
Course Sequence and Homework Description
The program is organized around three main phases as follows:
Phase I_September-December: Professional Development & Training for FECC (45h): Lecture, Seminar, Workshop, training. The selection of ICN competing team and coaching for FECC.
Phase II_January: Participation at the UVM Global Family Enterprise Case Competition in Vermont (FECC) (one week at Vermont for selected team only). The competition materials are shared with the cohort of students related with the programme.
Phase III_January-April: Entrepreneurial Family Business Lab (EFB Lab) (45h): Company visits and field trips, family Business Interviews, Case development/research activities.
In class Assessment: 50 %
Oral - Report - Participation
Final Exam: 50 %
Oral - Report - Participation
Mahamadou Biga Diambeidou