COURSE UNIT TITLE

: FAMILY BUSINESS MANAGEMENT

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
IYO 7037 FAMILY BUSINESS MANAGEMENT COMPULSORY 3 0 0 6

Offered By

Management and Organization Non-Thesis (Evening)

Level of Course Unit

Second Cycle Programmes (Master's Degree)

Course Coordinator

PROFESSOR DOCTOR ETHEM DUYGULU

Offered to

Management and Organization Non-Thesis (Evening)

Course Objective

This course deals with all roles and functions of management related with family businesses. This course thoroughly covers concepts and phenomena related with fundamental business and management functions that enable family business efficient learning organizations in rapidly changing world. This course covers topics that are strategically important for management, policies and tendencies of family businesses. This course also deals with creation of an efficient organizational culture, supporting and maintaining of institutionalization and resolution of conflicts.

Learning Outcomes of the Course Unit

1   Define fundamental concepts and elements of Family Business Management
2   Distinguish between fundamental concepts and elements of Family Business Management; diagnose factors affecting management to be successful and unsuccessful.
3   Define institutionalization process in Family Businesses.
4   Relate the results of managerial applications and changings to success or failure, be effective in conflict resolution.
5   Necessitate information and acquire needed information.
6   Build, develop, apply and assess the results of a method to solve a problem within a scientific research context.

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Management of family businesses: Basic concepts, differences and their reasons
2 The values of founders in family business, family business culture, ethical values and trust, organization and management structure, problems of generations after founders.
3 Institutionalization of family businesses, corporate governance and internal control practices.
4 Resolution of conflicts between cultures (family culture-business culture) in family businesses.
5 Leadership and CEO practices in family businesses.
6 Professionalization process of family business management, transition to professional management, family constitution.
7 Entrepreneurship in family businesses and the future of family businesses.
8 Strategic management practices in family businesses and basic competitive strategies. (Midterm exam will also be held this week after course hour)
9 Management and organization problems caused by growth in family businesses and their solutions.
10 Financial problems caused by growth in family businesses and their solutions.
11 Human resources practices in family businesses, differences, problems, recommendations.
12 Competitiveness in family business, branding of products and business and sustainability.
13 Management boards in family business, cooperation with foreign investors.
14 Internationalization of family businesses, overall evaluation and presentation of term projects.

Recomended or Required Reading

All kinds of scientific resources related to the course.

Planned Learning Activities and Teaching Methods

Topics will be analyzed and discussed both theoretically and by case studies.

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MTE MIDTERM EXAM
2 STT TERM WORK (SEMESTER)
3 FIN FINAL EXAM
4 FCG FINAL COURSE GRADE MTE * 0.30 + STT * 0.30 + FIN* 0.40
5 RST RESIT
6 FCGR FINAL COURSE GRADE (RESIT) MTE * 0.30 + STT * 0.30 + RST* 0.40


Further Notes About Assessment Methods

Assessment includes; case studies, role playing, discussion, team work, presentation and written examination besides theoretical analysis. Students will be assessed according to their midterm and final examinations, presentation of term projects and participation (Please see: Course Policies and Rules).

Assessment Criteria

Students will be assessed according to their midterm and final examinations, presentation of term projects and participation.

Language of Instruction

Turkish

Course Policies and Rules

Rules related to midterm and final exams are: Questions are not general but specific, case study analyses should be made by using of proper terminology. Following points will be considered on this matter. Ability to use terminology properly, degree of consistency between cause and effect relationships of concepts. The solution to the problems should be well grounded, scientific, logical and convincing. Readings related to the course and having a grasp of the topics are important.

Contact Details for the Lecturer(s)

ethem.duygulu@deu.edu.tr

Office Hours

To be announced

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 14 3 42
Preparations before/after weekly lectures 14 3 42
Preparation for midterm exam 1 10 10
Preparation for final exam 1 15 15
Preparing assignments 1 10 10
Preparing presentations 1 10 10
Independant Study 1 15 15
Midterm 1 3 3
Final 1 3 3
TOTAL WORKLOAD (hours) 150

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10PO.11PO.12PO.13
LO.11
LO.21
LO.31
LO.41
LO.51
LO.61