Seminar Managing a Family Business

Are you running a family business and facing the challenges of the future? Our three-day course provides practical knowledge and specific strategies for successful succession planning, leadership, and sustainable growth.

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Overview

Location:

FH Kufstein Tirol
Duration:

3 days
Language:
100% German
Academic Program:

Attendance
Certificate:

Certificate of participation
Price:
Euro 3.250,-
Start:

20.03. – 22.03.2025

SEMINAR PROFILE

This three-day, part-time seminar provides a customized learning experience for family businesses facing the challenges of succession planning, leadership, and future-proofing. Created by Dr. Bernhard Baumgartner, a world-renowned family business expert, the course is designed to provide practical insights and equip family businesses for long-term success and sustainable growth.

Each session combines expert presentations with hands-on exercises, including case studies and discussions on key issues facing family businesses.

Benefits

As part of the Family Business Forum, you will gain valuable insights and proven tools to overcome the unique challenges of running a family business. You will learn, among other things:

Structuring successful succession plans
Developing strategies for securing the future of your family business
Managing the dynamics within the family and the company
How to succeed in a family business, whether as a family member or an external manager

Benefits for your Company

Successfully organizing the generational transition and ensuring continuity
Tailoring corporate strategies to the specific needs of family businesses
Supporting the professional development of the next generation of leaders
Strengthening family ties within the company while also establishing a clear separation between family and company management

Program

Day 1

Introduction to the block course

• Overview of the topics of the seminar
• Understanding the family business system
• Management principles of family businesses
• Introduction to family contracts and family governance
• Discussion of the “family business” paradox

Day 2

Career development of family members

• Development of the next generation into managers and business leaders
• Professionalization within family businesses compared to non-family businesses
• Entry and career steps in the family business
• Generational dynamics (baby boomers, X, Y, Z)
• Challenges of career development with siblings in the business
• Advantages and disadvantages of a career in the family business

DAY 3

Case studies

• Managing succession, continuity and growth
• The importance of the family for the company's success, using the example of the “Mitchell Family”
• Dealing with the distribution of power and control between generations
• Analyzing the relationships and challenges between the person handing over and the person taking over
• ‘Lessons Learned Translating into Action’: Identifying and applying the most important insights to your own family business