Postgraduate Course: Entrepreneurial Growth for the Family Business (BUST11199)
Course Outline
| School | Business School |
College | College of Humanities and Social Science |
| Credit level (Normal year taken) | SCQF Level 11 (Postgraduate) |
Availability | Available to all students |
| SCQF Credits | 10 |
ECTS Credits | 5 |
| Summary | This 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.
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| Course description |
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
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Entry Requirements (not applicable to Visiting Students)
| Pre-requisites |
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Co-requisites | |
| Prohibited Combinations | |
Other requirements | For Business School PG students only, or by special permission of the School. Please contact the course secretary. |
| Additional Costs | Textbooks |
Information for Visiting Students
| Pre-requisites | Accepted as a visiting MBA student |
Course Delivery Information
| Not being delivered |
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.
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Reading List
Required text:
Hoy, F. and Sharma, P. (2010); Entrepreneurial Family Firms; Pearson Prentice Hall
Further readings will be advised.
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Additional Information
| Graduate Attributes and 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
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| Keywords | MBA Entrep Family Business |
Contacts
| Course organiser | Prof Peter Rosa
Tel: (0131 6)50 3798
Email: peter.rosa@ed.ac.uk |
Course secretary | Miss Kate Ainsworth
Tel: (0131 6)51 3854
Email: Kate.Ainsworth@ed.ac.uk |
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