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DRPS : Course Catalogue : Business School : Business Studies

Postgraduate Course: Entrepreneurial Growth for the Family Business (BUST11199)

Course Outline
SchoolBusiness School CollegeCollege of Humanities and Social Science
Course typeStandard AvailabilityAvailable to all students
Credit level (Normal year taken)SCQF Level 11 (Postgraduate) Credits10
Home subject areaBusiness Studies Other subject areaNone
Course website None Taught in Gaelic?No
Course descriptionThis option is designed to be part of the new MBA Family Business pathway. It is a Semester 2b course to be run during one week in April/May. The aim of the course is to increase understanding and knowledge on entrepreneurial processes in family businesses and business families. The ability to regenerate and revitalise a family business has always been important if it is to grow into a substantial business, or continue to thrive into subsequent generations of family ownership. Revitalisation and growth tends to occur through periodic phases of entrepreneurial diversification in which new products, services or markets are introduced to replace former ones which are no longer doing so well. Entrepreneurial factors such as entrepreneurial orientation, the ability to identify and realize new opportunities, the management of resources (especially family resources) are vital for successful regeneration to take place.

The course will pay special attention to strategies and options for achieving entrepreneurial growth, and consolidates this knowledge through constructing a growth plan for an existing family business.
Entry Requirements (not applicable to Visiting Students)
Pre-requisites Co-requisites
Prohibited Combinations Other requirements None
Additional Costs Textbooks
Information for Visiting Students
Pre-requisitesAccepted as a visiting MBA student
Displayed in Visiting Students Prospectus?No
Course Delivery Information
Delivery period: 2011/12 Block 5 (sem 2), Available to all students (SV1) WebCT enabled:  Yes Quota:  None
Location Activity Description Weeks Monday Tuesday Wednesday Thursday Friday
No Classes have been defined for this Course
First Class First class information not currently available
No Exam Information
Summary of Intended Learning Outcomes
On completion of the course students should be able to:
- understand why growth and regeneration is so vital for family businesses
- understand the nature of entrepreneurial processes and how they impact on growth and regeneration of family businesses.
- identify entrepreneurial strategies that can be employed to grow family businesses, and how to evaluate options
- Gain insights into the advantages and disadvantages of family resources in trying to realise entrepreneurial growth.
Assessment Information
Project: 80%
Presentation: 20%
Special Arrangements
Additional Information
Academic description Not entered
Syllabus Day 1:
- Entrepreneurial Processes and the Family Business Life Cycle
- Entrepreneurial Growth Strategies and the Growth Plan: what is required.
- Choosing of companies
Day 2:
- Achieving High levels of sustained growth in the family business
- Research for the growth plan
Day 3:
- Concentrated research on the growth plan
- Clinics on the plans
Day 4:
- Highly entrepreneurial business families
- Reasons for their success
- Clinics on assignment and plans
Day 5:
- Assessed Group Presentations
- Assessed Group Project presentation
Transferable skills - constructing a growth plan for family businesses
- assimilating, communicating and presenting critical evaluations of relevant sources of information
- preparing and presenting to a professional standard an appropriate report on their work
- conducting basic research
Reading list Required text:
Hoy, F. and Sharma, P. (2010); Entrepreneurial Family Firms; Pearson Prentice Hall
Further readings will be advised.
Study Abroad Not entered
Study Pattern Contact hours: 10 x 2hr lectures
Preparatory reading: 5 x 2hrs in advance of lecture
Group Project: Research, analysis, writing up, preparation of presentation, 70hrs
Total 100hrs
KeywordsFamily Business Entrepreneurship Growth
Course organiserProf Peter Rosa
Tel: (0131 6)50 3798
Course secretaryMr Stuart Mallen
Tel: (0131 6)50 8071
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