Master
2023/2024
Contemporary Family Business in Asia
Type:
Elective course (Master in International Management)
Area of studies:
Management
Delivered by:
School of International Regional Studies
Where:
Graduate School of Business
When:
1 year, 4 module
Mode of studies:
offline
Open to:
students of all HSE University campuses
Instructors:
Kenji Yokoyama
Master’s programme:
Международный менеджмент
Language:
English
ECTS credits:
3
Contact hours:
32
Course Syllabus
Abstract
The most prevalent business structure worldwide, particularly in Asian nations, is family businesses. This course focuses on the distinct challenges and prospects related to leading and managing family businesses in Japan, South Korea, Taiwan, and Hong Kong. The course aims to uncover the challenges of managing and expanding a family business while nurturing family and stakeholder relationships. It also delves into the differences in generations, ownership structures, strategies for sustainable growth, and the distinctiveness of family businesses, such as succession, governance, working with non-family managers, leadership, and entrepreneurship within family businesses. The course is highly advantageous for students who plan to work with or in family-owned businesses in the future, as most companies in Asia fall into this category. It provides models and theories to comprehend what family businesses entail and offers students abundant opportunities to learn practical wisdom and secrets for running a successful business and exploring the reasons for their long-term viability.
Learning Objectives
- • This course provides models and theories for understanding on what the family business is all about. • The course also gives the students lots of opportunities to learn wisdom and secrets for operating businesses. • Students are expected to reach the stages of understanding fundamental theories and models about family business and family business leaders' mindset and ethical behavior.
Expected Learning Outcomes
- Fundamental theories and models for understanding and analyzing family business
- Typical issues and challenges to family business
- Approaches, solutions and ways of thinking toward the issues and challenges
- Flexible and clear mindset about management as the result of the above threes
Course Contents
- Family Business in Asia
- 1. Definitions of Family Business
- 2. What is family business like?
- 3. Longevity of Family Business
- 4. Profitability of Family Business
- 5. Facts and Figures of Family Businesses in Asia
- 6. Common Managerial Philosophy of Family Business
- 7. Theories and Models of Family Business 1
- 8. Theories and Models of Family Business 2
- 9. Theories and Models of Family Business 3
- 10. Theories and Models of Family Business 4
- 11. Theories and Models of Family Business 5
- 12. Theories and Models of Family Business 6
- 13. Theories and Models of Family Business 7
- 14. Theories and Models of Family Business 8
- 15. Theories and Models of Family Business 9
- 16. Case Discussion Sessions Related to Each Topic
Assessment Elements
- ReportCourse Approach, Report, Feedback The students are expected to share what you have prepared before the class in each group discussion and the class-wide discussion, through which your in-class contributions are evaluated as one of the main assessment criteria. In addition, as said earlier, I'll be providing you with the basic hteories and models. You are supposed to sit for an exam about them. The result of the exam is another criterion for your grade. One final evaluation criterion is the final case report, which topic will be furnished later.
- attendance (Traditional Lecture )Course Approach, Report, Feedback The students are expected to share what you have prepared before the class in each group discussion and the class-wide discussion, through which your in-class contributions are evaluated as one of the main assessment criteria. In addition, as said earlier, I'll be providing you with the basic hteories and models. You are supposed to sit for an exam about them. The result of the exam is another criterion for your grade. One final evaluation criterion is the final case report, which topic will be furnished later.
