Leadership in the family business from edX

To ensure that the family business transcends and the company is sustained over time, in this course of entrepreneurship and business administration, you will have the opportunity to understand the complexity of family and business dynamics, reflect on the roles and ways of thinking of the family's leader and make a diagnosis of entrepreneurship.

All this in order for you to know the instruments and components that involve leading and orchestrating the family business: the future vision of the business family, the development of the next generations and the formation of an effective and flexible family and business government. All the knowledge acquired in this course of business administration can be applied in the family business.

The Center for Entrepreneurial Families and EGADE Business School of Tecnologico de Monterrey is the ideal institution to develop these skills, since Tec de Monterrey is #1 university in Mexico and the 6th best in Latin America according to Times Higher Education (THE) 2016.

Professors from the Entrepreneurial Families Center are highly qualified and recognized as part of the worldwide STEP project for family entrepreneurship, moreover, EGADE Business School is number 1 school in Latin America, in its MBA, according to the ranking of America Economia.

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What's inside

Learning objectives

Apply strategies, tools and models to lead and orchestrate the family business
Identify and apply main characteristics that will allow you to be a good business leader
Explain the importance and challenges of entrepreneurial families

Distinguish the different styles of organizational leadership that you could find in the family business
Generate entrepreneurial talent within the organization using business leadership

Apply strategies, tools and models to lead and orchestrate the family business
Identify and apply main characteristics that will allow you to be a good business leader
Explain the importance and challenges of entrepreneurial families
Distinguish the different styles of organizational leadership that you could find in the family business
Generate entrepreneurial talent within the organization using business leadership

Syllabus

Topic 1. Fundamentals of the Family Business

1.1 Importance of family businesses in Mexico and the world

1.2 Challenges and perspectives of the family business

Topic 2. Identification of roles in the family business

2.1 The business-family-ownership system

2.2 Ways of thinking of the family business leader-owner

Topic 3. Forward Vision in Entrepreneurial Families

3.1 Structural risk model

3.2 Evolution of family business models

Topic 4. Next Generation Development (NxtGen)

4.1 Commitment and successor competency inventory

4.2 Next Generation Talent Development

Topic 5. Leadership Model (Orchestration) for Family-Company Dynamics

5.1 Family business leadership

5.2 Governance dynamics

Good to know

Know what's good

, what to watch for

, and possible dealbreakers

Forma parte de una serie de cursos enfocados en fortalecer las habilidades de liderazgo emprendedor en empresas familiares

Imparte conceptos y herramientas para liderar y orquestar una empresa familiar de manera eficaz

Proporciona estrategias que permiten identificar y aplicar las características esenciales de un buen líder empresarial

Desarrolla habilidades para generar talento emprendedor dentro de la organización mediante el liderazgo empresarial

Enseña los desafíos y la importancia de las familias empresariales

Ofrece elementos teóricos y prácticos para entender y gestionar la complejidad de las dinámicas familiares y empresariales

Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Leadership in the family business with these activities:

Resuelve ejercicios sobre la visión de futuro

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Pon a prueba tu comprensión de los conceptos de visión de futuro y desarrolla tu capacidad para crear una visión clara para tu empresa familiar.

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Revisa los materiales del curso sobre visión de futuro.
Completa una serie de ejercicios que te pedirán que desarrolles una declaración de visión para una empresa familiar.
Compara tu declaración de visión con las de tus compañeros y recibe comentarios.

Crea una presentación sobre las características de un líder

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Analiza y presenta las características y habilidades clave que son esenciales para ser un líder eficaz en un entorno empresarial familiar.

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Investiga las diferentes características de los líderes eficaces.
Identifica las características que son más relevantes para los líderes de empresas familiares.
Crea una presentación que resuma tus hallazgos.

Asiste a un taller sobre gobierno corporativo

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Amplía tus conocimientos sobre gobierno corporativo y obtén información práctica sobre cómo implementar estructuras de gobierno efectivas en tu empresa familiar.

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Encuentra un taller de gobierno corporativo que sea relevante para las empresas familiares.
Asiste al taller y toma notas detalladas.
Aplica los conocimientos adquiridos en tu propia empresa familiar.

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Career center

Learners who complete Leadership in the family business will develop knowledge and skills that may be useful to these careers:

Business Advisor

The course, Leadership in the Family Business, will help you gain the skills and knowledge you need to succeed as a Business Advisor. This course will teach you how to lead and orchestrate a family business, identify and apply the main characteristics of a good business leader, explain the importance and challenges of entrepreneurial families, distinguish the different styles of organizational leadership that you could find in the family business, and generate entrepreneurial talent within the organization using business leadership. These skills are essential for any Business Advisor who wants to help family businesses succeed.

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Chief Executive Officer

The Leadership in the Family Business course at Tecnológico de Monterrey can help you develop the skills and knowledge you need to excel as a Chief Executive Officer (CEO) of a family business. The course will provide you with a comprehensive understanding of the challenges and opportunities faced by family businesses, and will equip you with the tools and strategies you need to lead and manage these businesses effectively. The course also provides insight into the unique challenges of leading a family business, such as managing family dynamics and succession planning. This knowledge is essential for any CEO who wants to lead a family business to success.

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Entrepreneur

This course is designed to provide entrepreneurs with the skills and knowledge they need to succeed in the family business. The course covers a wide range of topics, including the fundamentals of family businesses, the challenges and perspectives of family businesses, the identification of roles in the family business, the development of a vision for the family business, the development of the next generation of leaders, and the leadership model for family-company dynamics.

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Family Business Consultant

The Tecnológico de Monterrey's course, Leadership in the Family Business, can equip you with the knowledge and skills necessary to become a successful Family Business Consultant. This course will teach you how to identify and address the unique challenges faced by family businesses, such as managing family dynamics, succession planning, and financial management. You will also learn how to develop and implement strategies to help family businesses achieve their goals.

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Family Office Manager

The Leadership in the Family Business course offered by Tecnológico de Monterrey is highly relevant to the role of a Family Office Manager. This course provides a comprehensive overview of the key concepts and issues involved in leading and managing a family business. The course covers topics such as family business governance, succession planning, investment management, and philanthropy. This knowledge is essential for any Family Office Manager who wants to be successful in their role.

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Financial Advisor

The Leadership in the Family Business course at Tecnológico de Monterrey can provide you with the knowledge and skills you need to be a successful Financial Advisor to family businesses. The course will teach you how to understand the unique financial needs of family businesses, and how to develop and implement financial strategies that help these businesses achieve their goals. The course also provides insight into the estate planning and tax issues that are often faced by family businesses.

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Human Resources Manager

The course, Leadership in the Family Business, offered by Tecnológico de Monterrey can provide you with the skills and knowledge you need to be an effective Human Resources Manager in a family business. The course will teach you how to manage the unique HR challenges that family businesses face, such as managing family dynamics, succession planning, and employee retention. The course also provides insight into the legal and regulatory issues that HR managers in family businesses need to be aware of.

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Investment Banker

The Leadership in the Family Business course offered by Tecnológico de Monterrey can provide you with the knowledge and skills you need to be a successful Investment Banker who works with family businesses. The course will teach you how to understand the unique needs of family businesses, and how to develop and implement investment strategies that help these businesses achieve their goals. The course also provides insight into the legal and regulatory issues that investment bankers who work with family businesses need to be aware of.

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Lawyer

The Leadership in the Family Business course offered by Tecnológico de Monterrey can provide you with the knowledge and skills you need to be a successful Lawyer who works with family businesses. The course will teach you how to understand the unique legal needs of family businesses, and how to develop and implement legal strategies that help these businesses achieve their goals. The course also provides insight into the estate planning and tax issues that lawyers who work with family businesses need to be aware of.

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Management Consultant

The Leadership in the Family Business course offered by Tecnológico de Monterrey can provide you with the knowledge and skills you need to be a successful Management Consultant who works with family businesses. The course will teach you how to understand the unique management challenges that family businesses face, and how to develop and implement management strategies that help these businesses achieve their goals. The course also provides insight into the legal and regulatory issues that management consultants who work with family businesses need to be aware of.

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Marketing Manager

The Leadership in the Family Business course offered by Tecnológico de Monterrey can provide you with the knowledge and skills you need to be a successful Marketing Manager in a family business. The course will teach you how to understand the unique marketing challenges that family businesses face, and how to develop and implement marketing strategies that help these businesses achieve their goals. The course also provides insight into the legal and regulatory issues that marketing managers in family businesses need to be aware of.

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Operations Manager

The Leadership in the Family Business course offered by Tecnológico de Monterrey can provide you with the knowledge and skills you need to be a successful Operations Manager in a family business. The course will teach you how to understand the unique operational challenges that family businesses face, and how to develop and implement operational strategies that help these businesses achieve their goals. The course also provides insight into the legal and regulatory issues that operations managers in family businesses need to be aware of.

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Private Equity Investor

The Leadership in the Family Business course offered by Tecnológico de Monterrey can provide you with the knowledge and skills you need to be a successful Private Equity Investor who invests in family businesses. The course will teach you how to understand the unique investment needs of family businesses, and how to develop and implement investment strategies that help these businesses achieve their goals. The course also provides insight into the legal and regulatory issues that private equity investors who invest in family businesses need to be aware of.

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Sales Manager

The Leadership in the Family Business course offered by Tecnológico de Monterrey can provide you with the knowledge and skills you need to be a successful Sales Manager in a family business. The course will teach you how to understand the unique sales challenges that family businesses face, and how to develop and implement sales strategies that help these businesses achieve their goals. The course also provides insight into the legal and regulatory issues that sales managers in family businesses need to be aware of.

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Venture Capitalist

The Tecnológico de Monterrey's course, Leadership in the Family Business, may be useful for those interested in a career as a Venture Capitalist who invests in family businesses. The course provides a comprehensive overview of the key concepts and issues involved in leading and managing a family business. This knowledge can be helpful for Venture Capitalists who want to understand the unique challenges and opportunities that family businesses face.

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