Interviews a family business and identify and discuss 3 main
challenges
related to either succession, governance,
leadership/strategy, emotions
and/or sustainability. Evaluate the possible consequences
these challenges
may have on the family and the business. Propose your own
sustainable
solutions to these critical challenges by articulating how
you would go about
addressing them. The assignment must be firmly anchored in
the course
literature as well as other research from the field of
family business.
In your paper clearly outline:
● Background: (1) Business (500 words), (2) Family (500
words) and
(3) Context (500 words)
● Methods: How was the information about the family business
obtained (Who did you interview, what role does this person
has in
the company, did you use any other secondary data, if so
what kind
of data did you obtain and how did you use this data) (500
words)
● Challenges: Identify 3 challenges and provide a rational
to why you
think these are a problem and the potential consequences
that
could have on the family and/or the business. (1750 words)
● Proposed Solutions: For each of the challenges, clearly
describe and
discuss the actions that are important to take to meet this
challenge
including why these actions are important (1750 words)
● Conclusions: Summarize your proposed solutions to the
three main
challenges (500 words
Practical information:
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